LIVEXRP Price predicted to surge up 1100% To a New All-Time High.
Crypto analyst and expert Dark Defender is back with another bullish prediction for the XRP price. This time his forecast for the price was higher
Sending XRP Price To New $5.85 All-Time High
Dark Defender presented a bullish run for the digital asset which puts the price on a path to balloon 1,100% and reach as high as $5.85.
The analysis first alludes to the fact that the XRP price had closed the month of September with a Doji.This means that the price of the digital asset had closed the month in a similar range to what it started the month with. In this case, XRP started September at around $0.511 and closed at around $0.516
He believes that XRP closing the month with a doji is positive, leading to a $0.66 retest in the short term. XRP has already broken the first resistance
But the XRP price will encounter the $0.55 level and a break above this point,He says,this will provide the momentum that the digital asset needs. “XRP will be above the weekly Ichimoku Clouds, which will be highly Bullish,” Dark Defender explains.
Revising Previous XRP Predictions
This is not the first time that the analyst will be presenting a bullish forecast for the XRP price. Back in August, He also presented a similar forecast, and back then, the analyst said to expect a break toward $3 while using the wave trend as a basis for it.
Now, the target price for XRP is higher in the latest forecast, presenting a possible new all-time high price at $5.85. For the resistance to this,He says the asset will first need to break $0.66, and then the next run-up will lead to $1,63
As for when this new all-time high to happen,It seems to go as far as 2026. This would suggest that this is what is expected to happen in the next bull market, and this is a 3-yeartime frame
Having performed not as well as other top cryptocurrencies, XRP remains the 5th-largest cryptocurrency with a market cap of $27.9 billion. Its price is up 5.74% in the last week to trade at $0.523. send us your view.
