Crypto analyst RLinda also mentioned that a breakout above the $0.6 range would open a "new path” for XRP. Dark Defender added that XRP staying above 1.03 "represents an extreme Bullish Zone above the Ichimoku Clouds on the monthly time frame.” The analyst also highlighted the Moving Average Convergence/Divergence (MACD) monthly indicator, which he noted had turned bullish for the coin. External Decisions Do Not Drive XRP’s Price Dark Defender made a bold claim, stating that XRP’s price is driven not by external decisions but by its pattern.
In his analysis, the analyst revealed what to expect from the crypto token and where its price is eventually headed. Related Reading: Analyst Says Dogecoin Price Will Surge 2,500% To $2.55, Here’s When XRP Could Rise To As High As $18 On Its Next Leg Up Dark Defender revealed in an X (formerly Twitter) post that XRP is now in wave three based on the chart structure he shared, with the crypto token targeting $1.88, $5.85, and $18.22 on this bullish wave.
Crypto analyst Dark Defender provided an in-depth analysis of XRP price action using the Elliot Wave Theory.
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