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.

READ MORE:

Abu Dhabi’s Sovereign Wealth Fund Boosts Bitcoin Exposure with BlackRock ETF

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.

Alexander Stefanov