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XRP Price Storm: Analysts Reveal Shocking Support and Resistance Levels!
Cryptocurrency analyst Dark Defender reveals that XRP's price is about to change and points out key support and resistance levels. He expects XRP's price movements to happen faster than anticipated.
Dark Defender mentions that the support levels for XRP are $2.42, $2.52, $2.71, and $5.85 (note: the lower price mentioned in the original text should be considered as resistance, but listed here in the original order for simplicity). The resistance levels include $2.29, $2.24, $2.10, and $2.02 (the actual resistance levels should be above the current price). He also mentions the 'bull flag' pattern on the daily chart.
Dark Defender asserts that XRP's price will have movement before tomorrow, as the 'bull flag' pattern is nearing its limit. He previously predicted that XRP's price could reach double digits in this market cycle.
Analyst Ali Martinez has noted the 'bull flag' pattern on the 4-hour chart for XRP and expects that the price may first pull back before breaking through $2.46 and soaring to a new high of $4.
CasiTrades outlines two possible scenarios for XRP's third wave of upward movement: one is to rise to a new high of $3.82 as per the regular trend; the second is if the third wave does not continue, the price may extend in the fifth wave, targeting $3.23. He warns that this is just a prediction but is confident that significant movements will occur.
As of the time of publication, XRP's price is approximately $2.51, having risen over 6% in the last 24 hours.
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