Crypto specialist, Dark Defender has predicted that XRP could skyrocket to a new price high anytime from now to August this year. Should Dark’s prediction come to pass, it means that XRP will ascend to $3.82.
Below is Dark Defender’s Analysis
Dark Defender took to his verified Twitter account to enlighten his 86.9k followers on what the latest silence observed in Ripple’s blockchain could be suggesting. Dark noted that the silence is an indicator that XRP will boom soon.
Read Also: XRP $0.0002 Fee a Better Choice for Transaction as Bitcoin Exceeds $20
In his Tweet, the crypto expert displayed a weekly chart for XRP, explaining that the XRP market pattern noticed in the chart is an indication of a possible rally for XRP. XRP expected bull will occur in 13 weekly bars, according to Dark, and 13 weekly bars as of the time of reporting this news will lead to August.
Going further, Dark maintained that the rally could happen in one of the weeks that precede late August. XRP would soar over the critical resistance line upon its possible breakout to attain an initial $1.33 target, after which it will ascend to a higher $3.82 mark.
I've never seen the #XRPCommunity silent this much.
This means #XRP is ready.
Based on our pattern, the break is imminent anytime from now to #August.
When the resistance line is broken, XRP will first hit $1.33 & then $3.82
I trust #Ripple, XRP
Chin up; our day is near. pic.twitter.com/KdpjzPCS0M
— Dark Defender (@DefendDark) May 13, 2023
Predicted Future Outlook For XRP
Aside from a potential $3.82 price benchmark, Dark Defender also predicted a $22, and a $150+ target for XRP. But the analyst never mentioned if the price targets of $22 and $150+ will be actualized this year.
Previously on #XRP.
Let's update XRP Historical Pattern.
After 4 weeks, we can see XRP following the historical path we set.
I know, our Elliott Wave target is much higher, but the historical pattern gives us 3 significant stops:
at $3.82, $22 and $150+
Can 2 of them be in… https://t.co/fHrABbciRU pic.twitter.com/yDHQuQ8GeX
— Dark Defender (@DefendDark) May 5, 2023
Read Also: Ripple CEO Brad Garlinghouse Predicts New End Date for XRP Lawsuit: Details
Intriguingly, the predicted period for XRP’s break out coincides with the speculated period for the court rulings that will see off the face-off between the United States Securities and Exchange Commission (SEC). Should the legal battle go in Ripple’s favor, the pump could as well be more massive than expected.
Recall that in previous news, Egrag, another prominent crypto expert predicted a 30,000% pump that will see XRP ascend to as high as $127 once it succeeds in breaking out.
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