Top Analyst Predicts Possible Breakout of XRP Price to $3.82. Here’s His Chart

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.

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.

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.

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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Solomon Odunayo

Solomon is a trader, crypto enthusiast, and analyst with over four years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.