Home » Altcoins » Analyst Predicts XRP Surge to $5 – Is a New All-Time High on the Horizon?

Analyst Predicts XRP Surge to $5 – Is a New All-Time High on the Horizon?

15.02.2025 14:00 1 min. read Alexander Stefanov
SHARE: SHARES
Analyst Predicts XRP Surge to $5 – Is a New All-Time High on the Horizon?

A well-known crypto analyst, Dark Defender, believes XRP could surge to an all-time high of $5 in the near future.

According to his analysis, the token is showing strong bullish signals that suggest a potential breakout beyond this level.

In a recent post, Dark Defender outlined a roadmap for XRP’s price movement, suggesting that once the token surpasses $2.90, it could advance to the key Fibonacci resistance of $5.85. He also highlighted the importance of XRP’s Relative Strength Index (RSI), which has formed a golden cross—typically seen as a bullish indicator.

He identified several price targets for XRP in the short term, listing $2.90, $5.85, and $8.03 as key levels. Additionally, he pointed to $2.44 and $2.33 as crucial support zones that could help sustain XRP’s momentum.

Based on his projections, XRP might hit the $5 target by March, followed by a potential rally toward $8. Dark Defender has previously stated that reclaiming $3 is an essential milestone for XRP’s long-term bullish trend.

Meanwhile, another analyst, CasiTrades, cautioned that XRP needs to overcome resistance at $2.67 and $2.95 before setting new record highs. Similarly, Mikybull Crypto noted that the asset is showing strong signs of recovery, predicting that $4 could be the next key level to watch.

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.

Telegram

SHARE: SHARES
More Altcoins News
No Comments yet!

Your Email address will not be published.