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Forecast of XRP Growth by 6000% to $36.76

18 Aug 2024by CryptoJazz Admin1 min read2 views
Forecast of XRP Growth by 6000% to $36.76

πŸ”· 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.

πŸ”· 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.

πŸ”· 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.

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