XRP’s W-Pattern Targets $40 as XRPL EVM Sidechain Goes Live

Vladimir Popescu
XRP price prediction
Source: Watcher.Guru

XRP’s W-pattern breakout signals are emerging right now as the XRPL EVM sidechain launch creates fresh momentum for the digital asset. Technical analysts are also pointing to a classic W-formation that could propel XRP toward ambitious price targets, with some projections reaching $40. The convergence of technical patterns and fundamental developments has generated increased XRP trading volume spike activity across major exchanges at the time of writing.

Also Read: Why Ripple (XRP) Could Soar to $9.5 and $37.5 This Cycle

XRP’s W-Pattern Breakout and EVM Launch Fuel $40 Price Prediction

XRP to 40$ parternship
Source: Watcher.Guru

The XRPL EVM sidechain launch represents a breakthrough moment that has been recognized by industry observers, and it’s creating quite an impact. Good Morning Crypto had this to say:

“BREAKING: XRPL LEDGER EVM SIDECHAIN IS LIVE! Adding Ethereum-compatible smart contracts and faster, cheaper transactions to the XRPL Ledger ecosystem! Developers can now deploy apps that work like Ethereum apps but use XRP and benefit from XRPL’s speed and low costs!”

XRP’s W-Pattern Breakout Reaches Critical Levels

EGRAG Crypto W-Pattern Chart Analysis XRP
EGRAG Crypto W-Pattern Chart Analysis – Source: X

Technical analysis reveals that the XRP W-pattern breakout has reached a pivotal moment, and analysts are watching closely. EGRAG CRYPTO provided detailed targets for the pattern formation:

“Conservative: $15, Average: $22, Optimistic: $40. But please, I beg you, literally Begging you take your initial capital at lower targets, starting around $6-$7, and secure profits along the way.”

The analyst also emphasized strategic positioning, stating:

“Trust Me, I’ve Played These Games Before… You Cannot Catch the Bottom and You Cannot sell the Top.”

SEC-Ripple Settlement Update Drives Momentum

Recent speculation about finalization has created additional momentum for the XRP price prediction target right now. Social media reports suggest potential developments, though official confirmation remains pending at this time. This speculation has also contributed to the current XRP trading volume spike observed across exchanges.

The technical formation shows the classic double-bottom structure that defines a W-pattern, and it’s looking quite promising. The analysis indicates multiple scenarios for price movement, with the optimistic $40 target representing the upper boundary of expectations at the time of writing.

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