Leading Crypto Analyst Dark Defender Predicts Big Rise for XRP
Crypto analyst Dark Defender notable analyzes the monthly charts of XRP believes that XRP is about to see an amazingly large price increase. He expects XRP to break out of its current price range and make significant gains in April, potentially surpassing the $1 target Although XRP has shown significant consistency, the analyst denies the idea that XRP is confined to a narrow price range - around $0.60. He says April is a key month for XRP to break out. He expects XRP to move toward $1 is soon, paving the way for the first breakouts at $1.88 and $5.85. Although traders are mainly concerned that XRP will retest and eventually trade sideways, the analyst is confident that XRP will soon break out to $1.88 and $5.85. In addition, Dark Defender shared an analysis based on the three-month timeframe of the XRP/ BTC pair. He stated that every candle or price bar is formed within 3 months (3M) and April is the moment when a new bar starts. Other industry participants observing the performance of XRP have similar thoughts that it will witness an explosive rise.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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