Dark

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/xrps-potential-climb-to-0-91-as-per-analysts-prediction" rel="noopener noreferrer nofollow">XRP’s Potential Climb to $0.91 as Per Analyst’s Prediction</a><br></p>
<p style="text-align: justify">A recent forecast by a prominent cryptocurrency analyst, known as Dark Defender, has raised investor interest by suggesting that <a href="https://en.bitcoinhaber.net/singapore-based-fomo-pay-obtains-money-services-operator-license-from-hong-kong-government" rel="noopener noreferrer nofollow">XRP</a> could ascend to $0.91. This speculation comes despite XRP’s current performance which has seen it drop below the $0.55 mark along with the broader market’s downturn. Dark Defender has made headlines frequently with their analyses and bullish outlook on the digital currency.</p>
<h2 id="analyst-s-optimistic-price-targets-for-xrp">Analyst’s Optimistic Price Targets for XRP</h2>
<p style="text-align: justify">Although the market sentiment for XRP appears bearish following its struggle with the SEC and negative derivative data trends, Dark Defender’s comments suggest a potential turnaround. The analyst’s forecasts have been consistent, indicating a strong belief in XRP’s upward trajectory, even pointing to a possible peak of $1.88 in the third wave of price targets.</p>
<p style="text-align: justify">On February 17, Dark Defender noted that XRP had approached the orange resistance zone on the daily chart, hinting at crucial short-term support levels. They have proposed that if the second wave is corrective in nature, the bottom could range between $0.5198 and $0.5066. Furthermore, surpassing the daily Ichimoku Clouds could herald a bullish period for XRP, targeting successive levels at $0.6649, $0.7707, and $0.9191.</p>
<h2 id="current-market-dynamics-and-xrp-s-performance">Current Market Dynamics and XRP’s Performance</h2>
<p style="text-align: justify">At the time of reporting, XRP has seen a 4.77% decline within 24 hours, trading at $0.5400. This fall follows a brief surge past $0.5, which has now been negated due to market volatility. The price drop aligns with Brad Garlinghouse’s comments on a prospective XRP ETF that initially spurred positive expectations.</p>
<p style="text-align: justify">The recent downturn has also contributed to significant liquidations across the cryptocurrency landscape, with $300 million worth of positions being wiped out in a day, impacting the altcoin market and XRP’s valuation.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/xrps-potential-climb-to-0-91-as-per-analysts-prediction" rel="noopener noreferrer nofollow">XRP’s Potential Climb to $0.91 as Per Analyst’s Prediction</a></h5>

XRP’s Potential Climb to $0.91 as Per Analyst’s Prediction

Mục lục

BH NEWS

Các bài viết khác được xuất bản trên 21 thg 2, 2024

Bitcoin Price Drop: Investors Worry as Value Falls

Bitcoin tanks to 1-week low amid whales and Nvidia concerns

Polygon and StarkWare unveil Circle STARKs to streamline Zk Proofs

No Plan to Sell Bitcoin Said MicroStrategy CEO- Bloomberg

Crypto Analyst Says Pay Attention To XRP If You Want To Make Money, Here’s Why

Litecoin (LTC) Hovers Above Two-Year Support – Will it Hold?

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!