XRP’s W Pattern Signals Potential $40 Surge—Here’s Your Profit-Taking Roadmap

XRP traders, brace for liftoff—the W pattern flashing on charts hints at a moonshot to $40. But before you start counting Lamborghinis, let’s talk exit strategy.

The Setup: A Classic W Plays Out

That double-bottom formation isn’t just pretty—it’s a rocket launcher. Historical breakouts from this pattern suggest XRP could triple its last ATH. Cue the ‘when moon?’ tweets.

Profit Zones: Where to Cash In

$18 first. Then $27. And if the bulls overpower the SEC’s lingering FUD? $40 becomes the playground. (Yes, we see you, bagholders from 2018.)

The Catch: Gravity Exists

Every 20% climb invites a 10% correction—because crypto markets love testing diamond hands. Watch the 200-day MA like it’s your ex’s Instagram.

Cynical Bonus Round

Bankers will still call it a ‘scam’ until their clients demand exposure. Then suddenly: ‘Blockchain innovation.’ Classic.

XRP W Pattern | EGRAG Crypto Following the formation, XRP broke above the structure but faced resistance at $3.4 in January 2025 and is now retesting the breakout. This retest has led to the ongoing consolidation that has kept XRP around the $2.2 range for several months. Despite the consolidation, XRP's current position at $2 shows that it has successfully retested the breakout. The bulls have so far defended the $2 support, and now await a resumption of bullish pressure for a recovery push. EGRAG believes this recovery could lead to new all-time highs for XRP. EGRAG Sets Three XRP Targets but Advises Profit-taking at Lower Prices Notably, his first target is the $15 price, which marks a 578% increase from XRP's current price of $2.21. Meanwhile, he also believes a further uptick to $22 is possible, representing an 895% rise. EGRAG's ultimate target is an ambitious $40 price. To hit this ultimate mark, XRP WOULD need to spike 1,709%.  However, EGRAG insisted that investors should try to take profit at lower targets instead of trying to time the top. According to him, investors could start taking profit at around $6 to $7 all the way to the ultimate $40 target. In his commentary, the market technician suggested that those who attempt to time the top may encounter disappointments. "What if everyone, including me, is wrong?" He noted that the important aspect of investing is how a market participant sells strategically when there is hype and buys strategically when the market is down.