Dark Defender Predicts XRP’s Bullish Run Towards $0.91 Despite Market Obstacles

Cryptocurrency expert Dark Defender has expressed optimistic predictions for XRP, suggesting that its price could potentially rise to $0.91. This positive outlook comes at a challenging time for XRP and other digital currencies in the market. Despite these difficulties, Dark Defender, known for their positive stance on cryptocurrencies, remains hopeful about the future of XRP.

Dark Defender has consistently shown confidence in the growth potential of XRP. In a tweet on February 17, Dark Defender highlighted that XRP had approached a crucial resistance level on the daily chart, indicating the significance of short-term support levels. They further analyzed XRP’s second wave as a corrective phase, identifying a potential bottom within the range of $0.5198 to $0.5066.

Looking ahead, Dark Defender emphasized the importance of XRP breaking through the daily Ichimoku Clouds, a technical indicator used to assess support and resistance. A successful breakthrough is seen as a positive signal, setting the target for XRP to reach levels of $0.6649, $0.7707, and $0.9191.

In the analysis, Dark Defender also suggested a potential peak of $1.88 in the third phase of their price targets. These positive projections from Dark Defender continue to attract the attention of XRP enthusiasts, providing a hopeful perspective amidst market challenges.

Currently, XRP has experienced a 2.77% decrease in the last 24 hours and is trading at $0.5400. This decline follows a brief increase above $0.5, driven by positive expectations surrounding a possible XRP ETF, as mentioned by Brad Garlinghouse. The recent market fluctuations have resulted in significant sell-offs, causing the elimination of $300 million worth of positions in a single day. This has not only affected the broader altcoin market but also impacted the overall valuation of XRP.