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The feeling of the market around the XRP price is launching up As technical indicators and recent graphic movements suggest a promising trajectory upwards in the next three months. With builtA cryptographic analyst is now observing a potential rally that could push XRP up to $ 36.
According to a new forecast published From the Crypto Analyst Dark Defender on X (previously Twitter), the XRP price is preparing for a potentially explosive increase A $ 36.
Xrp expected price to reach $ 36
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The three -month candle table by Dark Defender applies the Elliott Wave TheoryBy mapping a five -wave bullish structure. The analysis shows that waves 1 and 2 have already played and XRP now seems to be Entering the wave 3Which is generally seen as the strongest and longer wave.
If this Wave 3 model is valid, XRP could be on the point of its most powerful rally ever. According to Dark Defender, The target on the rise It could reach up to $ 36.76, representing a stunning increase of 423.6%.
Before XRP reaches this expected price level, Dark Defender has foreseen short: long -term bullies for cryptocurrency. In the short term, XRP could reach $ 3.33, with a medium -term goal of $ 5.85.
The additional milestones along the road include key percentage levels that can act as temporary resistance areas. A gain of 161.8% indicates a potential price of about $ 13.81, while an increase of 261.8% suggests a passage to $ 18.96. If the momentum continues, the token could push over $ 26.87, aligning itself with an increase of 361.8%.
On the negative side, the support levels at $ 2,3620 and $ 2.222 should act as Roccafori in case of retracing before continuation. Going forward, the dark defender doubled on his bullish position on the future prospects of XRPReferring to a tweet dated March 17 who bravely declared: “XRP is extremely bullish”.
Clear route in front of altcoin while the resistance moves
In a X post Released on May 13, Ali Martinez, an important cryptocurrency analyst, revealed that the data on Glassnode chain show a clear bullish path for XRP, without signs of important resistance clusters in sight. The analysis based on the Autxo has carried out the distribution of prices (URPD) indicates that a significant part of the XRP token has been moved the last time to lower price levels.
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The graph also highlights a significant support area At $ 2,38, where almost 1.85 billion XRP, equal to 2.92% of its offer, were the last time. This concentration of owners could act as a level of psychological and technical support level if the market retires. Furthermore, the absence of Great token participations At higher price intervals suggest that the price could experience a more fluid ascent, damaged by the great resistance by profits.
First floor image from Getty Images, a graphic designer from Tradingview.com