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  <p>The post <a rel="noopener noreferrer nofollow" href="https://coinpedia.org/price-analysis/xrp-price-prediction-analyst-predicts-insane-xrp-rally-to-3-in-6-weeks/">XRP Price Prediction: Analyst Predicts Insane XRP Rally To $3 in 6 Weeks</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
  <p>A prominent market analyst Dark Defender has predicted an astonishing 538% surge for XRP, setting a target price of $3 based on historical data and Elliott Waves theory.</p> 
  <p>Market analyst <a href="https://twitter.com/DefendDark" rel="noopener noreferrer nofollow">Dark Defender</a> has recently conducted a thorough analysis of XRP, leveraging historical data and the application of Elliott Waves theory. The results of the analysis are eye-opening, as Dark Defender predicts an astonishing 538% surge for XRP, setting a <a href="https://coinpedia.org/altcoin/xrp-price-poised-for-a-significant-move-bitcoin-advocate-anticipates-10-target-price/" rel="noopener noreferrer nofollow">target price</a> of $3.&nbsp;</p> 
  <p>According to Dark Defender’s analysis, XRP’s <a href="https://twitter.com/DefendDark/status/1679237370955137025" rel="noopener noreferrer nofollow">price movements follow</a> a consistent pattern on a weekly basis, in alignment with Elliott Wave Theory, which suggests that price trends follow a wave-like pattern with five upward waves and three downward waves.</p> 
  <h2 class="wp-block-heading" id="h-xrp-price-analysis">XRP Price Analysis</h2> 
  <p>Dark Defender indicates that both the Elliott Waves theory and XRP’s historical pattern support a short-term price target of $3 or higher that would start approximately five to six weeks from now, following XRP’s recent breakout from an extended downtrend.</p> 
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     <p lang="en" dir="ltr">Hi all. We set a structure towards 3.39 &amp; called months &amp; addressed August for the break based on the historical pattern. <br><br>Regular ABC Corrective Wave is completed. This can be extended to $0.39 within a couple of days.<br><br>When all lose hope, <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#XRP</a> will skyrocket.<br><br>Remember, enjoy! <a href="https://t.co/P0YGfLTcpY" rel="noopener noreferrer nofollow">pic.twitter.com/P0YGfLTcpY</a></p>— Dark Defender (@DefendDark) <a href="https://twitter.com/DefendDark/status/1677327610182008832?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 7, 2023</a> 
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  <p>Previous analysis by Dark Defender also <a href="https://twitter.com/DefendDark/status/1677327610182008832" rel="noopener noreferrer nofollow">indicated a structure</a> leading to $3.39 and identified August as a potential breakout month, based on the historical pattern. The completion of a regular ABC corrective wave, with Wave C showing a downward trajectory from June 13, further supported the analysis. However, Dark Defender emphasized the need for XRP to maintain above the $0.46 level.</p> 
  <p>Dark Defender warned that failure to defend the $0.46 territory could lead to an expanded Wave C, potentially pushing XRP’s <a href="https://twitter.com/DefendDark/status/1677327610182008832/photo/1" rel="noopener noreferrer nofollow">price to $0.39</a> in the coming days. Despite short-term fluctuations, Dark Defender advises XRP holders to remain patient and optimistic, expecting an explosive surge in the future.&nbsp;</p> 
  <p>The analyst has consistently set a target price of $3 or higher for XRP, as initially forecasted last month. As of now, XRP is trading at $0.4705, recovering from a recent drop to the $0.46 level observed yesterday. Over the past 24 hours, XRP has experienced a 1.28% decline.</p> 
  <p>As XRP enthusiasts eagerly await the six-week timeframe, all eyes will be on the market to witness whether the anticipated breakout unfolds and the price targets are achieved.</p>
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XRP Price Prediction: Analyst Predicts Insane XRP Rally To $3 in 6 Weeks

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