XRP may be warming up for a more explosive surge, and one crypto analyst believes a long-running pattern is driving the momentum.
Specifically, market watcher EGRAG Crypto pointed to a two-week XRP chart showing what he calls the “Just Do It” pattern, a formation that looks like the Nike swoosh. His chart traced the start of this pattern back to XRP’s sharp drop from $3.80 in January 2018.
XRP’s “Just Do It” Structure
Notably, after the fall, XRP continued trending lower and eventually hit $0.1 in 2020. Since then, the price has curved upward, forming a recovery path that now sits around the $3 range.
EGRAG sees this swoosh-like recovery as a sign of strength. Data from his two-week chart confirms that XRP’s price stayed below a major descending trendline from 2018 through late 2024.
Notably, the trendline acted as strong resistance for years, but XRP finally broke above it during the strong Trump-led upsurge in November 2024. EGRAG believes this breakout confirmed the start of a sustained upward move, allowing for much higher prices.
Nonetheless, XRP faced a roadblock at the $3.4 peak in January 2025, but has since recovered. While EGRAG expects XRP to reach $30 amid this recovery eventually, he warned traders not to wait for that specific number before taking profits.
EGRAG Advises XRP Investors Against Timing the Top
Accordingly, he advised investors to use a Dollar Sell Average strategy instead of holding out for exact figures like $17, $27, or $50. According to EGRAG, no one truly knows where the market will go, and smart trading means reacting to the current conditions, not gambling on perfect predictions.
Citing his trading journey, EGRAG said most people miss out on profits because they ignore market history. He explained that making money in crypto doesn’t depend on being the smartest person in the room.
Instead, success comes from watching patterns, learning from past cycles, and knowing when to act. According to him, he has seen many people, including himself, get caught up in hype and miss their chance to exit profitably.
He also shared his trading belief that no one can control or slow down the market. The best anyone can do is respond to it. Notably, traders who time their moves well can make serious gains, while those who hesitate or guess wrong often get left behind. According to him, each cycle creates the same split between winners and losers.
Three XRP Profit-Taking Zones
EGRAG then presented three profit-taking levels. He called the first zone the “most sell-off” region, which ranges from $4 to $6. This area lines up with inverse Fibonacci levels (1.236 to 1.618%) based on Wave 4, and he expects many long-term holders to cash out here. He encouraged other traders to follow their example.
Meanwhile, the second target falls between $11 and $13. EGRAG is based on Elliott Wave theory, where Wave 5 usually matches Wave 1 or makes up 61.8% of the combined length of Waves 1 and 3. He called this zone the “most possible,” making it his primary focus for potential price action.
However, his final and highest zone spans from $27 to $30. This level uses an alternative wave count that starts from March 2020. Under that model, XRP is now in a massive Wave 3, with gains calculated using a 1,750% rise (based on 1,044% multiplied by 1.618).
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
