Get Ready for XRP’s Wild Ride to $22! 🚀💰

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In the dusty corners of the crypto world, where dreams are as fleeting as a summer breeze, the astute analyst Egrag Crypto has unearthed a bullish candle formation. This flickering light might just guide the XRP price to a staggering $22, as if it were a mirage in the desert of digital currency. And just when you thought it couldn’t get any wilder, he predicts that this altcoin could balloon to a $1.5 trillion market cap. Who knew crypto could be so dramatic? 🎭

XRP Price Eyes Rally To $22 As Bullish Candle Forms

In a recent post on X, Egrag Crypto, with the flair of a seasoned storyteller, suggested that candle 13 on the yearly chart could be the breakout star, catapulting XRP to either $13 or $22. He even hinted at the possibility of a wick that could reach for the stars, extending beyond these humble price levels. Candle 9, the 2021 yearly candle, whispered sweet nothings about a target of around $17. Ah, the sweet sound of speculation! 🎉

With a twinkle in his eye, Egrag Crypto noted that the price is perfectly poised between $13 and $22. Candle 12, he declared, was the strongest Bullish Engulfing pattern, a term that sounds more like a wrestling move than a financial indicator. This engulfing saga began with Candle 5 and continued through Candle 11, closing above all previous candles—a classic bullish sign, indeed! And when such a phenomenon occurs on a yearly chart, it’s like finding a four-leaf clover in a field of weeds. 🍀

As the crypto winds howl, Egrag Crypto remarked on the current XRP price action, noting that the noise is still deafening on the high timeframes. Candle 13’s body is above $1.85, with a wick that stretches up to around $3.40. A close below $1.85 could signal the end of this bull run, while a close above $3.40 might just confirm that XRP is on its way to double digits. Talk about a rollercoaster ride! 🎢

And mark your calendars, folks! December 31 of this year is set to be a date etched in XRP history. Egrag Crypto predicts that market participants will witness the grand spectacle of where the XRP price stands and what candle formations are brewing for the legendary year ahead. Will it be a celebration or a sob story? Only time will tell! ⏳

XRP At A Critical Level

In another corner of the crypto universe, analyst CasiTrades has pointed out that the XRP price has returned to the $2.25 range, a pivotal level on the chart. This zone has played both the villain and the hero, acting as resistance and support since the breakout at $0.50. Now, a proper backtest is underway, like a suspenseful plot twist in a novel. 📖

CasiTrades revealed that the smaller timeframes suggest this level could hold, but warned that higher-timeframe confirmation is crucial. The XRP price needs to close above $2.25 daily to confirm a bullish pivot. Whether this is the final pivot remains a mystery, but this level is a high-probability zone for buyers. If this $2.25 support fails, the next major support lurks at $1.90, waiting like a shadow in the night. 🌙

As of now, the XRP price is trading around $2.21, down almost 3% in the last 24 hours, according to the ever-reliable CoinMarketCap. The crypto saga continues! 📉

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2025-05-31 02:11