Critical Ripple (XRP) Evaluation Grom The Analyst!

Along with #XRP's decline, Dark Defender, one of X's leading crypto analysts, shared his short-term bullish predictions for the critical support level.

With XRP falling, Dark Defender, one of X's leading crypto analysts, shared short-term bullish predictions for the critical support level.

Dark Defender, one of X's well-known analysts, attracted attention with his comments on XRP. The analyst suggests that the rise in XRP was triggered by the $0.6649 support level. He showed this on the 4-hour time frame chart and emphasized that this support level is very important. If this level holds, XRP is likely to continue its upward trend. However, if it breaks below this level, there may be a further decline.

He believes that XRP will consolidate in this area for a short time before resuming its upward trend. On the chart, he drew a path that would keep XRP above the support level and fly quickly after the consolidation phase.

Despite XRP falling below $0.7, Dark Defender has bullish predictions for XRP. The analyst set two short-term targets at $0.8737 and $1.0593. This would send #Ripple to its highest price this year, surpassing the $0.93 peak achieved in July following a favorable ruling in the case against the U.S. Securities and Exchange Commission (SEC).

Dark Defender expects XRP to reach $1.88 and $5.85 in the long term. Long-term goals are more ambitious. However, if XRP's upward trend continues, these targets can be reached soon.

Although Dark Defender's prediction is based on strong technical analysis, the crypto market is notorious for volatility and unpredictability. #Ripple could rise significantly higher than predicted prices but could also fall significantly. Therefore, investors are advised to consider the risk.

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