Market analyst Egrag Crypto predicts XRP may surge to $22 following an identified macro W pattern. Data from a six-year monthly chart shows a completed bullish structure currently in a pullback phase.

Prices trade near $1.41. A reclaim above $1.60 sustains the bullish case, while $2.00 confirms the expansion. Failure below $1.40 invalidates the thesis.

Probabilities suggest a 25% chance of the $22 target, with higher likelihoods for a $3 to $8 peak.

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- Figure 1 -

Technical indicators on TradingView confirm current consolidation levels.

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- Figure 2 -