Crypto Analyst Says Ignore FUD, XRP Is Headed To $5.85

4 months ago 51

Crypto expert Dark Defender has besides weighed successful connected the caller narratives revolving astir the XRP tepid terms action. The expert is choosing not to perceive to immoderate of those arsenic helium is confident that the aboriginal trajectory of the XRP token is bullish

No Need To Listen To FUD

In a post connected his X (formerly Twitter) platform, Dark Defender mentioned that helium doesn’t perceive to the FUD (Fear, uncertainty, and doubt). He besides seemed to beryllium urging the XRP community to disregard the FUD arsenic helium stated that the token is inactive proceeding according to “our plan” based connected the play clip frame. 

XRP 1Source: X

He alluded backmost to respective comments and analyses helium had made astir XRP’s terms action. One of them was connected June 4, erstwhile helium had acceptable Wave 1 connected the charts to $0.89. On June 21, helium besides elaborate the people levels that XRP could attain. Meanwhile, helium had acceptable the bounds for Wave 2 to $0.46 and Wave 3 to $1.88 connected September 13. 

Dark Defender noted that thing has changed since then, arsenic the targets “were and are the same.” The crypto expert was fundamentally suggesting that determination was nary request to beryllium worried astir XRP’s terms action arsenic everything was going according to program from a method investigation perspective.  

XRP Still Headed To $5.85

As to XRP’s aboriginal trajectory, Dark Defender reaffirmed that the upcoming people is inactive $1.88 and $5.85 based connected the Elliot Waves, which helium had highlighted months back. From the accompanying illustration that helium shared, Dark Defender focused much connected the $5.85 terms level. 

XRP 2Source: X

He is assured successful XRP hitting that terms due to the fact that helium foresees the token touching the “261.80% Fibonacci Level astatine $5.85.” It won’t, however, beryllium up from $1.88 arsenic the crypto expert predicts that determination volition beryllium a correction from that terms level. 

Going by Dark Defender’s past terms predictions, $5.85 won’t beryllium the peak, arsenic 1 tin inactive expect upward terms movement. The crypto expert had previously mentioned that XRP would deed $18 soon enough. He noted past that XRP was apt going to look a beardown absorption astatine $1.08. However, helium projects that it volition beryllium “kaboom” erstwhile XRP is capable to interruption from that level. 

In the meantime, galore volition beryllium hoping that XRP tin astatine slightest acquisition a important rally to extremity the year. At the clip of writing, XRP is trading astir $0.61, up implicit 1% successful the past 24 hours, according to data from CoinMarketCap. 

XRP terms  illustration  from Tradingview.com

Read Entire Article