If you are following the XRP price predictions, you have seen Dark Defender at least several times you do this Eon X.
Today, the mode has dominated the price of XRP again, expecting again $ 5.85 to be there soon as you think. For context, the XRP price is now trading about $ 2.45 after pumping 2.5 % today.
The current XRP chart reveals an interesting artistic story. For a long time, XRP was stuck below a green diagonal line, which represents a descending trend line. Recently, the cryptocurrency has penetrated this line, which is an important signal to reflect the potential trend. What makes this penetration special is that XRP has been successfully re -tested. This means that the previous resistance has now turned into a support level. Traders of these types of changes in patterns often search as they can refer to a transformation in market morale.
Elliot the wave theory pests
The graph displays a specific pattern using Elliot wave theoryIt is a way that traders use to predict market movements. The number of the wave is named from (1) to (5), indicating an emerging structure of five waves. Wave (1) has already played. Wave (2) either formation or expected soon. This wave may be returned to certain levels of Fibonacci before the most exciting part – wave (3). The wave (3) can lead to a strong outbreak, as the price goals extend about $ 3.94 and may reach $ 5.85.
Good morning, friends. $ Xrp It looks excellent!
The road to $ 2.75 first. A little trouble for $ 2.55
Do not forget to support us at $ 2.42.The road to $ 5.85!
It is not only financial advice but my thoughts!
I hope you have an extraordinary week! pic.twitter.com/62vjhkbczr
– Dark Defender (Defenddark) March 24, 2025
The analysis highlights some decisive price levels based on Fibonacci recovers. Specifically, there are two main decline levels. The first is 61.8 %, which decreases at $ 2.5556, and the second is 70.2 %, and fell at $ 2.650. These levels are important because they often work as buying areas or support areas before the next possible price increases. Think about them as a possible “pause” price points.
Also read: What can deserve $ 1 thousand, 5 thousand dollars, or 10 thousand dollars in XRP if it reaches $ 100?
Critical XRP price levels
Several levels are high in the current analysis. Support at $ 2.42 is a critical level that can provide a strong basis for XRP. There is a resistance point at $ 2.55 that may create a temporary challenge for price progress. The analysis indicates a short -term goal of $ 2.75, which can be the first teacher. The average range of $ 3.94 is likely to be associated with Fibonacci extension accounts. The most exciting projection is a long -term goal of $ 5.85, which represents the final price goal.
After a fracture over the trend line, the chart shows a clear pattern of the lowest levels and higher levels higher. This is usually a bullish sign. More importantly, there are no immediate reverse signals such as the candles of stars that are riding or shooting, which add positive expectations.
He stressed the importance of the support level at $ 2.42, which indicates that traders should closely monitor this price point. It is worth noting that Dark Defender has maintained a long -term view of optimistic view, repetition of access to XRP $ 5.85 in the future.
The current price sits at $ 2.4773, which is higher than the specified support level. The analysis indicates that XRP can suffer from a decline to a 2.55-2.65 dollar region before it explodes strongly to a wave (3). The path forward includes moving towards the specified price targets, as each level represents a possible milestone on the XRP price trip.
Also read: XRP is priced only – here is how the Rich You Out!
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