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Crypto analyst Egrag Crypto has been continuously bullish on the way forward for the XRP worth and the newest prediction proves this. This time round, the crypto analyst is utilizing a uncommon Bent Fork Pattern to again up his prediction that the XRP worth is headed for double-digits.

The Rare Bent Fork Pattern

Egrag first talked about the Bent Fork Pattern in a June put up whereas displaying a bullish roadmap for the XRP worth. In the sooner post, the analyst factors out ‘four distinct tracks’. These embrace the “Track A) Major Historical Support, Track B) Ranging Zone, Track C) Mid-Cycle Top, and Track D) Cycle Top.”

As Egrag defined, the Track D is the cycle high which may see the altcoin’s price attain as excessive as $15, though not with out incidence. Despite anticipating a surge, Egrag says that XRP could fall lower earlier than this occurs. However, the analyst asks buyers to not fret when this occurs. Rather, they need to see it as a possibility to purchase the cryptocurrency for decrease costs.

Now, 4 months after the preliminary put up was made, Egrag has revisited this Bent Fork Pattern, doubling down on the earlier prediction. In a put up made on Wednesday, October 18, Egrag up to date the earlier prediction, displaying what must occur for the XRP worth to achieve the lofty worth of $15. This would imply no less than a 3,000% worth improve for XRP if the sample performs out precisely as anticipated.

In the chart beneath, the analyst explains that the XRP worth must breach the white line for the rally to start. “the real excitement is if #XRP shatters the ‘White’ Ascending Triangle – get ready for some market-shaking action,” the analyst stated.

Bent Fork Pattern factors to bullish restoration | Source: X

Looking at a time-frame, the crypto analyst asks buyers to maintain a watch out for the third and 4th week of November as that is when one thing attention-grabbing may occur. “Feeling uncertain about your next move? This might just be your last chance to seize a buying opportunity,” Egrag stated in closing.

Not The Only Bullish Chart For XRP Price

Interestingly, Egrag’s XRP worth prediction utilizing the Bent Fork Pattern additionally matches their different predictions for the altcoin. Earlier within the week, Egrag had also put forward another forecast however used the Elliot Wave Theory to current the bull case.

As Egrag notes, the fifth wave is the place the primary motion actually lies the place the analyst expects the price surge to happen. Just like with the Bent Fork Pattern, it additionally suggests a double-digit worth degree on the high. However, the wave concept takes it a step additional with a $27 worth mark in comparison with the Bent Fork’s $15 mark.

Another similarity between each predictions is that the June Bent Fork chart reveals the XRP worth at $15 someplace between 2025 and 2026. This is similar timeframe introduced utilizing the Elliot Wave analysis, so most of this may probably play out within the bull market.

XRP steadies above $0.48 | Source: XRPUSD on Tradingview.com

Featured picture from Bitcoin News, chart from Tradingview.com