Top Analyst Has a Bullish Message for XRP Holders
Main Idea
Analyst Dark Defender presents a bullish outlook for XRP, predicting significant price increases based on wave structure analysis and historical patterns.
Key Points
1. Dark Defender's analysis suggests XRP has completed Waves 1 and 2 and is now entering Grand Wave 3, which could propel the price above $333.
2. The analyst references past skepticism about XRP's potential, noting it surpassed expectations by reaching $1.96 in 2021 after being doubted for not crossing $0.3.
3. Key resistance levels identified include $1.88 (already surpassed), $5.8563, and $18.2275, which could become support levels as XRP grows.
4. The analysis comes amid ongoing debates about XRP's long-term price behavior, despite Ripple's recent settlement with the SEC not yet significantly impacting XRP's price.
5. Dark Defender has previously stated he has no plans to take profit from XRP, indicating long-term confidence in the asset.
Description
Dark Defender (@DefendDark), a prominent crypto analyst on X, recently published an updated chart that revisits the “Masterpiece” framework first presented in February 2021. The post reaffirms the analyst’s long-term wave structure for XRP and states that the market has completed Waves 1 and 2, a phase that required seven years to unfold. The update emphasizes that XRP has now entered what the analyst identifies as Grand Wave 3, and Dark Defender’s analysis suggests that XRP could be headed for ...
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