Cryptocurrency Analyst Dark Defender We recently focused on the stories around us. XRP lukewarm price action. The analyst chooses not to hear any of it. confidence The trajectory of the future is XRP token is bullish.
No need to listen to FUD
in post On his He too seemed to be urging. XRP Community He ignored the FUD because he said the tokens were still progressing according to “our plan” based on a weekly timeframe.
Source: X
He restated some of the comments and analysis he had written. XRP’s Price Action. One of them was on June 4th, when the first wave was set at $0.89 on the chart. On June 21, he also detailed the target levels that XRP could achieve. Meanwhile, on September 13, he set the limit for wave 2 at $0.46 and the limit for wave 3 at $1.88.
The Dark Defender points out that nothing has changed since then because the target is “the same.” Crypto analysts have basically suggested that there is no need for that. Worried About XRP’s Price Action Because from a technical analysis perspective, everything was going according to plan.
XRP is still heading towards $5.85.
Regarding XRP’s Future Trajectory, Dark Defender reaffirmed that its future targets are still $1.88 and $5.85 based on the Elliot Waves highlighted a few months ago. In the attached chart he shared, Dark Defender focuses more on the $5.85 price level.
Source: X
He is confident that XRP will reach that price, as he expects the token to hit the “261.80% Fibonacci level of $5.85.” However, the price is unlikely to rise from $1.88 as cryptocurrency analysts predict a correction at that price level.
According to Dark Defender’s past price predictions, we can still expect an upward price movement, so $5.85 is unlikely to be the high point. Cryptocurrency analyst previously mentioned XRP will soon reach $18. He pointed out that XRP is likely to face strong resistance at $1.08. But he expects that to happen. “Kaboom” If XRP can break out of that level.
In the meantime, many will be hoping that XRP can at least experience a significant upside. to end the year. As of this writing, XRP is said to be trading around $0.61, up more than 1% in the last 24 hours. data From CoinMarketCap.
Token price at $0.61 | Source: XRPUSD on Tradingview.com
Featured image from U.Today, chart from Tradingview.com
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