{"id":596925,"date":"2024-03-09T00:10:54","date_gmt":"2024-03-09T00:10:54","guid":{"rendered":"https:\/\/ktsl888.com\/?p=596925"},"modified":"2024-06-11T08:02:43","modified_gmt":"2024-06-11T08:02:43","slug":"xrp-price-rocket-2300-to-14-6","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/ripple\/xrp-price-rocket-2300-to-14-6\/","title":{"rendered":"Crypto Analyst Says XRP Price Could Rocket 2,300% To $14.6, Here’s How"},"content":{"rendered":"

The XRP price has now <\/span>managed to position itself<\/span><\/a> above the $0.6 psychological level, as <\/span>the entire crypto<\/span><\/a> market <\/span>waddles in bullish action<\/span><\/a> in the past month. Popular crypto analyst Dark Defender has predicted an interesting price point for XRP, revealing that the crypto could reach $14.61 if the XRP\/BTC pair reaches a record high.\u00a0\u00a0<\/span><\/p>\n

XRP Could Skyrocket 2,300%<\/h2>\n

Dark Defender’s recent analysis of XRP’s price trajectory is based on its past performance against Bitcoin on the XRP\/BTC pair. A deep dive into the XRP\/BTC chart shared on X by the analyst reveals that XRP has been underperforming against Bitcoin since the middle of 2023. XRP has been down 60% <\/span>against Bitcoin<\/span><\/a> since August 2023. Recent market dynamics have further exacerbated its underperformance against Bitcoin, as Bitcoin continues to push against various price levels to <\/span>reach a new all-time high<\/span><\/a>.<\/span><\/p>\n

Related Reading: 14-Year Old Dormant Bitcoin Wallet Wakes Up To Crash BTC Price<\/a><\/div>\n

Interestingly, Dark Defender noted that the price action of the pair has now reached a support which will determine XRP’s price trajectory in the coming months. The so-called support has the characteristics of the formation of higher lows since 2015 and is now at the 0.00000914 level.<\/span><\/p>\n

The price chart noted a bounce over this support to usher in an incoming breakout of epic proportions to the current high of 0.00024351. The last time a bounce happened, XRP would go on to overperform Bitcoin by over 5,000% throughout 2017 and early 2018. <\/span>“It will be the awakening of 6 years,” the analyst said.<\/span><\/p>\n

\n

We had the Orange and the Green Arrows on the #XRP<\/a>\/#BTC<\/a> pair.<\/p>\n

We reached the Support, Ultimate.<\/p>\n

The #Purple<\/a> Arrow is here.<\/p>\n

It will be the awakening of 6 years.<\/p>\n

Some can see, & some can’t. pic.twitter.com\/yyqhwjopiX<\/a><\/p>\n

\u2014 Dark Defender (@DefendDark) March 6, 2024<\/a><\/p><\/blockquote>\n

When asked for an XRP price point, Dark Defender <\/span>clarified that the<\/span><\/a> XRP\/BTC pair increases only when XRP appreciates against BTC. In the scenario that BTC starts to perambulate around the $60,000 price level, a surge in the XRP\/BTC to the 0.00024351 level would relate to XRP reaching $14.61. In the scenario that Bitcoin <\/span>reaches $100,000<\/span><\/a> and sticks around this price level, XRP could trade for over $20 with the same all-time high on the XRP\/BTC pair.\u00a0<\/span><\/p>\n

With XRP now trading at $0.6205, a surge to $14.61 and $20 would mean an increase of 2,250% and 3,120%, respectively, from the current price level.\u00a0<\/span><\/p>\n

Continued Bullish Sentiment For XRP Price?<\/h2>\n

Other crypto analysts have predicted bullish price points for XRP in the near future. For example, Crypto analyst Jaydee highlighted XRP <\/span>breaking out<\/span><\/a> of a six-year trendline which could mean a further move to the upside.<\/span><\/p>\n

Related Reading: Crypto Analyst Uses Historical Data To Show When The Bitcoin Price Will Reach $207,000<\/a><\/div>\n

In another technical analysis using the Elliott Waves theory, Dark Defender <\/span>predicted XRP to reach<\/span><\/a> $1 in March, a level that it hasn’t attained since May 2021.<\/span><\/p>\n

\"XRP<\/p>\n

XRP price resumes uptrend | Source: XRPUSDT on Tradingview.com<\/a><\/pre>\n
Featured image from CNBC, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
The XRP price has now managed to position itself above the $0.6 psychological level, as the entire crypto market waddles in bullish action in the past month. Popular crypto analyst Dark Defender has predicted an interesting price point for XRP, revealing that the crypto could reach $14.61 if the XRP\/BTC pair reaches a record high.\u00a0\u00a0 XRP Could Skyrocket 2,300% Dark Defender’s recent analysis of XRP’s price trajectory is based on its past performance against Bitcoin on the XRP\/BTC pair. A deep dive into the XRP\/BTC chart shared on X by the analyst reveals that XRP has been underperforming against Bitcoin since the middle of 2023. XRP has been down 60% against Bitcoin since August 2023. Recent market dynamics have further exacerbated its underperformance against Bitcoin, as Bitcoin continues to push against various price levels to reach a new all-time high. Related Reading: 14-Year Old Dormant Bitcoin Wallet Wakes Up To Crash BTC Price Interestingly, Dark Defender noted that the price action of the pair has now reached a support which will determine XRP’s price trajectory in the coming months. The so-called support has the characteristics of the formation of higher lows since 2015 and is now at the 0.00000914 level. The price chart noted a bounce over this support to usher in an incoming breakout of epic proportions to the current high of 0.00024351. The last time a bounce happened, XRP would go on to overperform Bitcoin by over 5,000% throughout 2017 and early 2018. “It will be the awakening of 6 years,” the analyst said. We had the Orange and the Green Arrows on the #XRP\/#BTC pair. We reached the Support, Ultimate. The #Purple Arrow is here. It will be the awakening of 6 years. Some can see, & some can’t. pic.twitter.com\/yyqhwjopiX \u2014 Dark Defender (@DefendDark) March 6, 2024 When asked for an XRP price point, Dark Defender clarified that the XRP\/BTC pair increases only when XRP appreciates against BTC. In the scenario that BTC starts to perambulate around the $60,000 price level, a surge in the XRP\/BTC to the 0.00024351 level would relate to XRP reaching $14.61. In the scenario that Bitcoin reaches $100,000 and sticks around this price level, XRP could trade for over $20 with the same all-time high on the XRP\/BTC pair.\u00a0 With XRP now trading at $0.6205, a surge to $14.61 and $20 would mean an increase of 2,250% and 3,120%, respectively, from the current price level.\u00a0 Continued Bullish Sentiment For XRP Price? Other crypto analysts have predicted bullish price points for XRP in the near future. For example, Crypto analyst Jaydee highlighted XRP breaking out of a six-year trendline which could mean a further move to the upside. Related Reading: Crypto Analyst Uses Historical Data To Show When The Bitcoin Price Will Reach $207,000 In another technical analysis using the Elliott Waves theory, Dark Defender predicted XRP to reach $1 in March, a level that it hasn’t attained since May 2021. XRP price resumes uptrend | Source: XRPUSDT on Tradingview.com Featured image from CNBC, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":596949,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16894],"tags":[167,6664,26263,14690,3680,17209,4531,83637,13172,16289,10972,78763],"class_list":["post-596925","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-analyst","tag-crypto","tag-crypto-analyst","tag-crypto-news","tag-ripple","tag-ripple-news","tag-xrp","tag-xrp-news","tag-xrp-price","tag-xrp-price-prediction","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\nCrypto Analyst Says XRP Price Could Rocket 2,300% To $14.6, Here's How<\/title>\n<meta name=\"description\" content=\"The XRP price has now managed to position itself above the $0.6 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During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. 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