Cryptocurrency Analyst Dark Defender After analyzing the recent price of XRP, huge surge Cryptocurrency tokens may be coming soon. Interestingly, analysts say that Up to $18 When this parabolic motion occurs.
How XRP price rose to $18
Dark Defender with an X (formerly Twitter) post If wave 3 occurs, the XRP price could extend to $18.22. He believes that Wave 3 could initially push the price of XRP between $1.88 and $5.85 before moving further towards the $18 price level. fibonacci levels“It can scale exponentially.”
He also regularly ABC coordination faction It was completed by noting that “the only thing that could upset the current balance is an expansion of the possibility of Wave C.” The attached chart shows that he is referring to how XRP will be used. Could fall back to $0.3917. A decline to this level could hinder achievement of the third goal.
Source: X
However, Dark Defender argued that this possibility becomes less likely if XRP remains above $0.5286. Meanwhile, the cryptocurrency analyst stated that if the market hits its Wave 3 target, it will “discuss a possible wave 4 retracement and completion of wave 5.” he had explained earlier Find out how waves 1 and 2 ended at the $0.9327 and $0.4367 price levels respectively.
The first wave occurred in July 2023. Judge Annalisa Torres It was ruled that XRP is not a security per se, after which the cryptocurrency token rose to $0.9. Wave 2, on the other hand, followed wave 1 closely as XRP soon lost these gains, falling as low as $0.39 in the process.
XRP is still moving to $5 after 90 days.
Cryptocurrency analyst Egrag Crypto Recently declared “confidently” X post “April to July is the golden window for XRP troops to reap life-changing gains.” While making this statement, he referred to his own words. previous prediction The fact that XRP will reach $5 in 90 days suggests that this is a life-changing profit they will soon experience.
Moreover, based on his 90-day timeline, XRP is set to achieve this. Price level in April, which is related to his recent remarks. But Egrag says, “Even best chart analyst “It’s impossible to predict where XRP will head.” He therefore urged XRP investors to remember to sell fractionally, implying that they should take profits whenever the opportunity arises.
At the time of writing, the price of XRP is said to be trading around $0.51, up more than 1% in the last 24 hours. data From CoinMarketCap.
XRP price at $0.52 | Source: XRPUSD on Tradingview.com
Featured image from CryptoRank, chart from Tradingview.com