No Need to Worry About XRP’s Price Action
Crypto analyst Dark Defender is confident about the future trajectory of the XRP token, despite recent concerns surrounding its price action. He advises the XRP community not to listen to fear, uncertainty, and doubt (FUD) and assures them that the token is still following their plan based on the weekly time frame.
Targets Remain the Same
Dark Defender references previous comments and analyses he made regarding XRP’s price action. He sets target levels for different waves and states that nothing has changed since then. He suggests that there is no reason to worry as everything is going according to plan from a technical analysis perspective.
XRP Still Aiming for $5.85
Dark Defender reaffirms that the upcoming target for XRP is still $1.88 and $5.85 based on Elliot Waves. He focuses more on the $5.85 price level, confident that XRP will reach it by touching the “261.80% Fibonacci Level.” However, he predicts a correction after reaching $1.88.
Potential for Further Growth
Based on Dark Defender’s past predictions, $5.85 won’t be the peak for XRP, as upward price movement can be expected. The analyst previously mentioned a potential price of $18 for XRP and believes that once it breaks through strong resistance at $1.08, there will be significant growth (“kaboom”).
Hoping for a Year-End Rally
Many in the crypto community are hopeful that XRP will experience a substantial rally by the end of the year. Currently trading around $0.61, up over 1% in the last 24 hours, XRP’s price remains a subject of interest and speculation.
Hot Take: XRP’s Future Trajectory Remains Bullish
Crypto analyst Dark Defender is confident in the bullish future trajectory of XRP. Despite concerns about its price action, he advises the XRP community not to pay attention to fear, uncertainty, and doubt (FUD). Dark Defender’s technical analysis suggests that XRP is still on track according to their plan. With target levels set and a focus on reaching $5.85, Dark Defender believes that XRP has the potential for further growth beyond its current price. While there may be corrections along the way, Dark Defender predicts significant upward movement for XRP once it breaks through resistance levels. As the year comes to a close, many are hopeful for a strong rally in XRP’s price.
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