Reason to trust
Strictly editorial policy that focuses on accuracy, relevance and impartiality
Made by experts from the industry and carefully assessed
The highest standards in reporting and publishing
Strictly editorial policy that focuses on accuracy, relevance and impartiality
Morbi Pretium Leo et Nisl Aliquam Mollis. Quisque Arcu Lorem, Ultricies Quis Pellentesque NEC, Ullamcorper Eu Odio.
Este Artículo También Está Disponible and Español.
Market sentiment around the XRP price is Bullish Because technical indicators and recent card movements suggest a promising upward route in the coming three months. Of momentum buildingA crypto analyst is now looking at a potential rally that could push XRP up to $ 36.
According to a new prediction posted By crypto analyst Dark Defender on X (formerly Twitter), the XRP price is preparing for one potentially explosive increase Up to $ 36.
XRP price that would be expected to reach $ 36
Related lecture
The three -month candlestick of the dark defender fits the Elliott Wave theoryMapping a bullish structure of five golf. The analysis shows that waves 1 and 2 have already taken place, and XRP now seems to be Investing Wave 3which is usually seen as the strongest and longest wave.
If this Golf 3 pattern applies, XRP can be about to be with its most powerful rally so far. According to Dark Defender, The upward target Can reach up to $ 36.76, which represents a stunning increase of 423.6%.
Before XRP reaches this projected price level, Dark Defender has a short predicted long-term bullish goals for the cryptocurrency. In the short term, XRP could reach $ 3.33, with a medium -term objective of $ 5.85.
Extra milestones On the way include important percentage of reinforcement levels that can act as interim resistance zones. A profit of 161.8% points to a potential price of around $ 13.81, while an increase of 261.8% suggests a movement to $ 18.96. If the momentum continues, the token can push further to $ 26.87, in accordance with an increase of 361.8%.
On the other hand, it is expected that the support levels at $ 2,3620 and $ 2,222 will act as strongholds in the event of a retracement before continuation. Dravation Defender has doubled on his Bullish attitude about the future prospects of XRPReferring to a tweet of 17 March that stated courageously: “XRP is extremely bullish.”
Clear road for the Altcoin as a resistance that comes out
In one X Published on 13 May, Ali Martinez, a prominent crypto analyst, revealed that on-chain from Glassnode shows a clear bullish path for XRP, without signs of large resistance clusters ahead. The analysis based on the UTXO realized price distribution (URPD) indicates that a considerable part of XRP tokens was last moved at lower price levels.
Related lecture
The graph also emphasizes a significant one support zone For $ 2.38, where nearly 1.85 billion XRP, in the amount of 2.92% of its offer, was last handled. This concentration of holders could serve as a psychological and technical level of support if the market withdraws. In addition, the absence of Large token companies At higher price ranges suggests that the price could experience a smoother rise, released due to large resistance of profit capacity.
Featured image of Getty Images, Chart van TradingView.com