Crypto analyst Dark Defender has presented a bullish prediction for the XRP price, with a target of $5.85, a 1,100% increase from its current price of $0.523. The analysis is based on the fact that XRP closed the month of September with a Doji, meaning that the price of the digital asset had closed the month in a similar range to what it started the month with. Dark Defender believes that XRP will break the $0.55 level, which will provide the momentum needed for the digital asset to reach its new all-time high. The analyst’s previous prediction was for a break toward $3. The new all-time high is expected to happen in the next bull market, which is a 3-year timeframe. XRP is currently the 5th-largest cryptocurrency with a market cap of $27.9 billion.
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Information | Details |
---|---|
Geography | Global |
Countries | |
Sentiment | positive |
Relevance Score | 8 |
People | Tradingview.com, Dark Defender, XRPUSD |
Companies | Ichimoku Clouds, Tradingview.com, None, X (formerly Twitter), XRPUSD |
Currencies | XRP, Bitcoin, Ethereum |
Securities | None |