Top Analyst Predicts XRP Price to Reach $5 If This Pattern Plays Out
A top market analyst Dark Defender predicts that XRP can surpass its all-time high (ATH) this market cycle. His projections are based on a newly formed golden cross on the weekly chart. XRP price is again in the limelight as the blowout in the market valuation of Bitcoin has set the coin and other altcoins on a bullish rampage. XRP Price to $5, How Feasible? At its peak, the Ripple-backed coin has only hit an ATH of $3.841. Despite this bull cycle’s stellar performance thus far, the coin has yet to breach the $3.4 resistance level. According to an X post from Dark Defender, the top coin may likely breach the $5.85 target in the long term. He pointed out the formation of the Golden Cross pattern on the weekly Relative Strength Index (RSI) on November 4 last year. Image Source: Dark Defender on X Following this formation, the XRP… Read More at Coingape.com
The post Top Analyst Predicts XRP Price to Reach $5 If This Pattern Plays Out appeared first on CoinGape.
