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XRP Price Enters Wave 3, Crypto Analyst Puts Top At $36.76 h3>

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Release: 2024-08-11 03:20:18
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Crypto analyst Dark Defender provided an in-depth analysis of XRP price action using the Elliot Wave Theory. In his analysis, the analyst revealed what to

XRP Price Enters Wave 3, Crypto Analyst Puts Top At .76  h3>

Crypto analyst Dark Defender has provided an in-depth analysis of XRP price action using the Elliot Wave Theory. In his analysis, the analyst revealed what to expect from the crypto token and where its price is eventually headed.

Crypto analyst Dark Defender has provided an in-depth analysis of XRP price action using the Elliot Wave Theory. In his analysis, the analyst revealed what to expect from the crypto token and where its price is eventually headed.

Highlighting XRP’s price action on the monthly chart, Dark Defender stated that wave (3) is now underway, targeting $1.88, $5.85, and $18.22. This analysis shows that XRP could reach $18.22 early next year when wave (3) is set to be completed.

Highlighting XRP’s price action on the monthly chart, Dark Defender stated that wave (3) is now underway, targeting $1.88, $5.85, and $18.22. This analysis shows that XRP could reach $18.22 early next year when wave (3) is set to be completed.

From the projected price target of $18.22, wave (4), a corrective move, could see XRP drop to as low as $9. However, the crypto token will enjoy a bullish move on wave (5), with Dark Defender predicting that XRP will top at $36.76 when that time comes. XRP holders might have to wait a while for such a parabolic rally, as the chart shows that this move won’t happen until 2026.

From the projected price target of $18.22, wave (4), a corrective move, could see XRP drop to as low as $9. However, the crypto token will enjoy a bullish move on wave (5), with Dark Defender predicting that XRP will top at $36.76 when that time comes. XRP holders might have to wait a while for such a parabolic rally, as the chart shows that this move won’t happen until 2026.

In the short term, Dark Defender stated that we can “quickly expect” to see XRP hit $1.03 once it achieves a successful breakout above $0.66. Crypto analyst RLinda also mentioned that a breakout above the $0.6 range would open a “new path” for XRP.

In the short term, Dark Defender stated that we can “quickly expect” to see XRP hit $1.03 once it achieves a successful breakout above $0.66. Crypto analyst RLinda also mentioned that a breakout above the $0.6 range would open a “new path” for XRP.

Dark Defender added that XRP staying above 1.03 “represents an extreme Bullish Zone above the Ichimoku Clouds on the monthly time frame.” The analyst also highlighted the Moving Average Convergence/Divergence (MACD) monthly indicator, which he noted had turned bullish for the coin.

Dark Defender added that XRP staying above 1.03 “represents an extreme Bullish Zone above the Ichimoku Clouds on the monthly time frame.” The analyst also highlighted the Moving Average Convergence/Divergence (MACD) monthly indicator, which he noted had turned bullish for the coin.

External Decisions Do Not Drive XRP’s Price h4>

External Decisions Do Not Drive XRP’s Price h4>

While addressing why the recent conclusion of the lawsuit between the US Securities and Exchange Commission (SEC) and Ripple didn’t impact XRP’s price, Dark Defender made a bold claim, stating that XRP’s price is driven not by external decisions but by its pattern.

While addressing why the recent conclusion of the lawsuit between the US Securities and Exchange Commission (SEC) and Ripple didn’t impact XRP’s price, Dark Defender made a bold claim, stating that XRP’s price is driven not by external decisions but by its pattern.

However, it is crucial to note that XRP rose by over 18% to $0.6 following Judge Analisa Torres’ ruling, which ended the case between the SEC and Ripple. But it has cooled off since then, with this price action looking to have fallen short of the expectations of many holders. Before now, the conclusion of the lawsuit was projected as one of the catalysts that could easily send the altcoin above $1.

However, it is crucial to note that XRP rose by over 18% to $0.6 following Judge Analisa Torres’ ruling, which ended the case between the SEC and Ripple. But it has cooled off since then, with this price action looking to have fallen short of the expectations of many holders. Before now, the conclusion of the lawsuit was projected as one of the catalysts that could easily send the altcoin above $1.

今日初めにcredibullcryptoが報告したように、暗号通貨アナリストは現在、SECとリップルの間の訴訟の終結を受けて、今回の強気相場でXRPが史上最高値(ATH)を更新すると予測しています。

今日の初め、暗号通貨アナリストは現在、SECとリップルの間の訴訟の終結を受けて、今回の強気相場でXRPが史上最高値(ATH)を更新すると予測しています

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