🔥💥Ripple: Analyst Predicts XRP To Surge 250%, Hit $1.88 Target
After the sudden price increase of Bitcoin, altcoins are following instead and literally rising above the event. XRP is also relying on the current price momentum and has risen by about 0.53% to trade at a significant level of $ 3.
Analyst Opinions on #Ripple : Is $1.88 on the Cards for XRP?
According to Dark Defender, a notable crypto analyst at X, Ripple is preparing to rise by 250% to reach $.1.88 soon.
The expert's ambitious claim stems from the recent price increase of #XRP , which helped the token pass the $0.50 price level.
$XRP , which is called the first Fibonacci resistance level, has passed the $ 0.50 mark, which can be called a very important crossroads for the token to cross and reconcile. According to the expert, given the structure and momentum supporting its rise towards $ 1.88, an XRP price rally is expected at any time.
"Hello everyone. We started the week by breaking the first weekly resistance. #Xrp has no barriers up to $0.6044, which is the first Fibonacci resistance. We were expecting to see it last week but it was quiet again. Let's see how it goes this week. As we all know, this structure aims at $ 1.88 first.“
What Do the Technical Platforms Offer?
While Dark Defender's compelling analysis is stirring up hopes in the crypto community, technical platforms such as CoinCodex are envisioning a new narrative. According to the platform, XRP could rise to $ 0.64 by June 20, and then investors can hope to see a very significant price movement for Ripple.
"The price of xrp may increase by 20.70% until June 20, 2024 and reach $ 0.646569. According to our technical indicators, the current sentiment is neutral, while the Fear and Greed Index shows 76 (excessive greed). XRP has recorded a 13/30 (43%) green day with a price volatility of 2.38% in the last 30 days.”
According to Coincodex, Ripple could reach $1 by the end of 2024 and trade around $1.66 in the process.
