Dark Defender’s Optimistic Prediction: XRP Targets $0.91 Amid Market Challenges.

Cryptocurrency expert Dark Defender shared a positive prediction for XRP, suggesting that the price could rise to $0.91. This comes at a time when XRP, like many other digital currencies, is struggling in the market. Despite these challenges, Dark Defender, known for being bullish on cryptocurrencies, remains hopeful about the future of XRP.

Analysts are positive about XRP

Dark Defender has continued to show confidence in XRP’s growth potential. Meanwhile, Dark Defender noted in a Twitter post on February 17 that XRP had approached a key resistance level on the daily chart, suggesting a key near-term support level.

He analyzed XRP’s second wave as a correction phase and identified a potential bottom in the $0.5198 to $0.5066 range.

Looking ahead, Dark Defender highlighted the importance of XRP breaking the daily Ichimoku Clouds, a technical indicator used to assess support and resistance. According to the analysis, a successful breakout is considered a positive sign and sets a target for XRP to reach the $0.6649, $0.7707, and $0.9191 levels.

The analyst suggested a potential high of $1.88 in the third stage of the price target. Dark Defender’s positive outlook continues to capture the attention of XRP enthusiasts and provides a hopeful perspective amid market difficulties.

Current market situation for XRP

XRP is currently trading at $0.5400, down 2.77% in the last 24 hours. The decline follows an initial brief rise above $0.5, fueled by positive expectations about a possible XRP ETF mentioned by Brad Garlinghouse.

Recent market fluctuations have resulted in significant selling, wiping out $300 million worth of positions in one day. This has had an impact on the broader altcoin market as well as the overall valuation of XRP.