🔷 Crypto analyst Dark Defender predicts a sharp rise in XRP’s price. The expert’s forecast is based on Elliott Wave Theory, a technical analysis method that identifies recurring price patterns.
🔷 According to Dark Defender, XRP is currently in the third of five waves, which is typically marked by a strong upward momentum. Other technical indicators also point to the asset’s potential growth. For example, the Dragonfly Doji pattern suggests a potential trend reversal with a support level forming around $0.40.
🔷 XRP’s growth will depend on its ability to surpass resistance levels. The first notable resistance is at $0.66. If XRP successfully breaks this level, it could quickly climb to $1.03.