- XRP has successfully retained prices above $3 despite bears attempting a correction.
- XRP is predicted to skyrocket to $77.7 by analyst Dark Defender in the mid-term.
- The MACD indicator for XRP is about to see a bearish divergence on the daily chart.
XRP has continued to hold its ground above the $3 mark despite attempts by sellers to push it lower. At the time of writing, XRP, valued at $180 billion, is trading at $3.10—a 2.66% blip in the past 24 hours.
XRP Market Data
As of writing, per CoinMarketCap:
- Current Price: $3.10
- 24-Hour Change: -2.66%
- Market Capitalization: $178.79 billion
- Trading Volume (24 hours): $4.96 billion
- 24-Hour Volume Change: -44.93%
- All-Time High: $3.84 (over seven years ago)
- Percent from ATH: -19.28%
Analyst Sets Ambitious XRP Targets for the Future
And now, crypto analyst Dark Defender, in a post on X (formerly Twitter), has shared a bullish outlook for XRP. According to the analyst, XRP’s seven-year price consolidation positions it to target $77.7 in the mid-term, with other key milestones set at $5.8 and $18.22.
The analyst attributes this optimism to XRP’s potential for wider adoption, driven by factors such as a possible spot XRP ETF approval in the U.S. and Ripple’s legal victory against the SEC. These developments could significantly boost investor confidence in XRP, further fueling its price growth.
Related: XRP Price Prediction: Will ETFs Unlock XRP’s True Potential
XRP Price Analysis: Bulls Show Strength but Correction Looms
The daily XRP price chart, sourced from TradingView below shows mixed signals for the token’s near-term movement. The MACD indicator is about to see a bearish divergence as the MACD line (blue) is about to touch the signal line (red) and the histogram is expected to turn bearish as well.
Related: Trump’s Crypto Reserve Sparks Debate: XRP or Just Bitcoin?
Meanwhile, the RSI stands at 63.78, indicating bullish dominance in XRP’s current price action. However, the RSI’s trajectory hints at a potential short-term correction, signaling traders to monitor the market closely.
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