#Xrp🔥🔥

XRP Market Cap Explodes to $100 Billion | What’s Next for the Cryptocurrency Price?

XRP has once again hit a $100 billion market cap, providing a bullish outlook for the cryptocurrency, which has been one of the best performing crypto assets of late. Crypto analysts like Dark Defender have offered insights into what could come next for XRP.

XRP Price Could Rally to $5$ Next

In a post on X, crypto analyst Dark Defender suggested that the XRP price could rally to $5 on its next bullish journey. This came after he noted that XRP’s first target of $1.8 in this rally had been met. This took the cryptocurrency to the $100 billion market cap mark.

With the first target met, XRP could reach $5.8.

Which Dark Defender’s accompanying chart highlights as one of the intermediate targets. Interestingly, the chart also highlights $18 as an intermediate target. This suggests that the cryptocurrency could reach this level at some point. Dark Defender also recently used Elliott Wave theory analysis to show how XRP could reach $18 in this market cycle. The chart showed that this parabolic rise would occur in a wave 5 impulse move to the upside.