Here’s the Projected Timeline For XRP To Surpass $1

XRP has been experiencing a period of volatility in recent weeks. The digital asset began climbing in early March after lagging behind the rest of the market for a few days. XRP surpassed $0.7 before falling with the rest of the market. The digital token also fell below $0.6 but has recovered slightly, currently trading at $0.6363, with a 3.63% increase over the last 24 hours.

Despite XRP’s decline, prominent analyst Dark Defender (@DefendDark) remains optimistic about the cryptocurrency’s future, issuing a revised timeline for potential price increases.

Read Also: Based On Historical Pattern, Analyst Predicts XRP 440% Surge Within a Week

Dark Defender’s Past Predictions

Dark Defender’s confidence in his forecasts stems from the accuracy of his recent XRP price predictions. In late February, when XRP was trading around $0.58, he projected a rise to $0.6462 by March 1. This prediction proved remarkably close, as XRP surged to a high of $0.6476 on March 2.

Furthermore, Dark Defender predicted XRP would trade between $0.7707 and $0.9191 by March 10 to 13. Once again, his prediction came true as XRP experienced a surprising 20% surge on March 11, reaching $0.7421. The success of these prior forecasts strengthens Dark Defender’s belief in his future predictions.

Revised Timeline for XRP Price Increases

Dark Defender has adjusted his short-term price targets for XRP. He now suggests that XRP could trade between $0.9771 and $1.5 in April. Additionally, he anticipates a potential surge to $2.3172 in the short term, a price not seen since 2018.

This revised timeline is based on his technical analysis. He highlights an Elliot Wave pattern on the chart, which indicates that XRP has re-established itself within a crucial support zone. From this foundation, Dark Defender believes a bullish price wave is likely to develop. He contends that XRP will maintain this level and climb towards his projected targets, which he expects to materialize in April.

Read Also: Analyst Spots XRP Crucial Support Level to Clear the Path for $5.85

Bullish Sentiment Surrounding XRP

Dark Defender is not alone in his optimistic outlook for XRP. Analyst EGRAG has taken an even more bullish stance, predicting a surge to a staggering $17 by May and a continued climb, with XRP reaching $27 by November.

XRP is showing signs of recovery, and while predicting its exact future is difficult, the recovery and predictions suggest a period of potential growth on the horizon. With continued developments within the Ripple ecosystem, XRP could begin its climb to these targets soon.

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