Crypto Pundit says XRP looks excellent here, and gives reasons why

Dark Defender’s encryption analyst has released XRP bold expectationsHe said to X that the origin is on a clear path towards multiple goals up. His remarks come at a time when bulls are trying to obtain a support level at $ 2.42, with technical patterns indicating that the original may be preparing to penetrate.
XRP faces simple resistance on the way to $ 2.75, $ 5.85 on the horizon
XRP has started to see Some positive noteI recently paid $ 2.56 in the time frame for 7 days. Although she achieved resistance and reversed in a declining direction early last week, she eventually found support for $ 2.36 and began in a new upward trend. This upward and lower movement is apparently an average rate of prices, but technical analysis on the daily timeline scheme shows that the price quietly changed the trend of resistance to support at $ 2.36.
Now, the following expectations for Altcoin It is an upward movement After this fresh upward trend above the resistance direction line. With this in mind, Dark Defender I expected that The currency on the road to $ 5.85. The analyst also highlighted, targeting the accurate price at $ 2.75, although it is indicated that XRP may face some difficulty in penetrating $ 2.55.

The expected difficulty at $ 2.55 is in response to its rejection last week. However, Dark Defender’s formulation was clear; “XRP looks excellent”, which reflects a strong conviction in the current preparation of the distinctive symbol after its analysis.
Fibonacci Si: 5.85 dollars is not the maximum of Altcoin
Dark Defender’s prediction of a $ 5.85 price for XRP will witness a fracture of the encryption above its highest level ever. However, this diminishes compared to the long -term projection of the analyst.
The drop to $ 5.85 is only one part of the broader Dark Defender analysis. In a previous post, A Long -term scenario is more ambitious using the liquid levels of Fibonacci Eleiot the theory of wave. According to him, the common belief that XRP cannot exceed $ 10 is a misunderstanding of the modalization. He said Altcoin is currently in the 3 -year motivation wave. If the wave 3 It is completely extended During this stage, it can reach $ 77.7, as the wave targets 5 prices consisting of three numbers.
Its road map confirms that it remains over the average of $ 2.3951, a level he says has been playing since November. From there, the running chart suggests running to $ 8, which may lead to the original towards a new range between 18 and 23 dollars. These expectations are not only based on the extensions of the wave, but also depend on the directions of the size, the behavior of RSI and the repetition of historical patterns, which the analyst believes that everyone is compatible to support a gathering.
At the time of this report, XRP is traded at $ 2.42.
Distinctive image from Istock, Chart from TradingView.com

Editing process For Bitcoinist, it is focused on providing accurate, accurate and non -biased content. We support strict resource standards, and each page is subject to a diligent review by our team of senior technology experts and experienced editors. This process guarantees the integrity of our content, importance and value of our readers.