I noticed something interesting about XRP while looking at the charts recently. Egrag Crypto shared a pretty convincing technical analysis on the XRP/USD pair, and honestly, it’s worth paying attention to. On a 12-month chart, you can clearly see an ascending triangle forming near the $2 level, which is a classic bullish continuation signal.

What struck me is that these formations tend to resolve upward about 70-75% of the time historically. Egrag Crypto attributes a 60% probability that XRP could surge after a 55-day downtrend. The projected price target is around $1,500, based on historical cycles. It’s ambitious, of course, but the chart structure actually supports this potential move if conditions align.

What’s also interesting is that we see bullish divergences combined with accumulation by large investors. Egrag Crypto emphasizes that many traders focus on daily fluctuations and completely overlook these broader structural signals. Regulatory clarity and growing institutional interest also boost confidence.

Of course, cryptocurrencies remain volatile and nothing is guaranteed. But for those looking long-term, this ascending triangle is one of the clearest signals we’ve seen on XRP recently. It’s worth monitoring on-chain activity and macro trends to see if the momentum confirms.

Reminder: this is not a buy or sell recommendation, just market observation.