Dark Defender Says XRP Is Ready. Here’s What Is Coming
Main Idea
Crypto analyst Dark Defender suggests XRP is poised for a potential breakout, with key technical indicators supporting a bullish outlook if it surpasses the $3.33 resistance level.
Key Points
1. XRP is trading at $3.29, just below the pivotal $3.33 level, which could trigger significant gains if broken.
2. Technical analysis highlights the 50% retracement level at $3.2039 as a support zone, with Fibonacci extension targets at $4.3927 and $5.8563.
3. The Ichimoku Cloud shows a green support zone between $2.92 and $3.2, indicating underlying buying interest.
4. The Relative Strength Index (RSI) aligns with bullish momentum, coinciding with XRP breaking above resistance.
5. A breakout above $3.33 could lead to a corrective phase toward $4, followed by a potential surge to $5.85.
Description
XRP’s recent price action has positioned it at a critical juncture on the daily chart, with market participants closely watching for a decisive move. Crypto analyst Dark Defender (@DefendDark) shared a chart on X highlighting the structure currently forming. At the time of his analysis, the asset traded at $3.29, sitting just below the $3.33 level he considers pivotal. A breakout above this zone could set the stage for significant gains in the weeks ahead. Hi all, #XRP is ready! Here is an updat...
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