XRP Price Rally Fueled by CEO’s 1,000% Signal & W-Pattern
XRP price has surged following Ripple CEO Brad Garlinghouse’s symbolic “1,000%” post on X, signaling strong support for XRP and boosting community optimism. This move responded to Digital Asset Investor highlighting Garlinghouse’s XRP-logo tattoo commemorating the July 2023 court ruling that cleared XRP of being a security—an event that previously triggered a 25% price jump.
Technical analyst Egrag Crypto identified a classic “W” pattern on XRP charts. He set conservative, average, and optimistic targets of $15, $22, and $40 respectively. A rise to $22 would equate to a 1,000% rally from the current XRP price near $2.22.
Garlinghouse also urged holders to “lock in” after Ripple dropped its SEC cross-appeal, reinforcing the firm’s focus on building the Internet of Value. This blend of executive endorsement and bullish technical setups is driving calls for a massive XRP price rally, making it a focal point for traders seeking high-growth altcoins.
Bullish
The news is bullish because Ripple CEO Brad Garlinghouse’s public “1,000%” endorsement and symbolic XRP tattoo reinforce executive confidence. This high-profile signal paired with analyst Egrag Crypto’s technical ‘W’ pattern and optimistic price targets creates strong buying incentives. Historically, pivotal rulings—such as Judge Torres’s July 2023 decision—have driven 25% surges, showing how regulatory clarity can trigger rapid price gains. In the short term, traders are likely to chase momentum as social sentiment and on-chain signals align. Over the longer term, sustained support from Ripple’s leadership and potential network growth across payment rails may underpin further XRP price appreciation, provided market cycles remain favorable.