Two analysts provide assessments on the recent explosive price surge of XRP

Two analysts have given differing evaluations of the recent explosive price surge of XRP. One expert noted that after reaching a yearly high of $2.95, XRP is currently facing the risk of a correction below the $2 mark due to increasing selling pressure. According to technical indicators like RSI, XRP has been overbought and could continue to drop to $1.87 unless there is strong buying interest to reverse the trend.

Meanwhile, analyst Dark Defender predicts that XRP has the potential to surpass $5.85 if it breaks through the resistance level of $2.52, with the potential to reach a record high of $18.22 in the near future. This depends on XRP completing the current ABC corrective wave pattern and maintaining its price above the $2 level. The continuous development of Ripple in the field of international payments is seen as a key factor driving this growth momentum, although technical indicators warn of the possibility of a short-term correction.