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<ul class="news-points"><li>The analyst Dark Defender predicted in a tweet yesterday that XRP may break above $3 in the next 5-6 weeks.</li><li>In the post, the analyst noted that XRP is following a bullish historical trend.</li><li>At press time, XRP was trading at $0.4717 after its price dropped 0.99%.</li></ul>The crypto analyst who goes by the name Dark Defender predicted in a tweet yesterday that <a href="https://coinedition.com/tag/RIpple-xrp/" rel="noopener noreferrer nofollow">Ripple (XRP)</a> may rise to above $3 in the next 5-6 weeks. In the post, he pointed out that XRP is following a bullish historical trend and that its price movement is aligned with Elliott Waves. Both of these factors suggest that a massive short-term breakout may soon occur, according to the analyst.<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper"><blockquote class="twitter-tweet">Hi all. We analyzed weekly historical patterns of XRP &amp; pointed out August.<a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#XRP</a> still identically follows the pattern. Additionally, the pattern aligns with the Elliott Waves. They both target $3+ in the short term now &amp; indicate the wave will start in 5-6 weeks <a href="https://twitter.com/hashtag/XRPCommunity?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#XRPCommunity</a><a href="https://t.co/sgbPGO4twv" rel="noopener noreferrer nofollow">pic.twitter.com/sgbPGO4twv</a>— Dark Defender (@DefendDark) <a href="https://twitter.com/DefendDark/status/1679237370955137025?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 12, 2023</a></blockquote></div></figure>This bullish thesis for the remittance token has not yet played out, however. At press time, CoinMarketCap indicated that XRP’s price dropped 0.99% over the past 24 hours.…The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/xrp-could-break-above-3-in-the-next-6-weeks-predicts-analyst/">XRP Could Break Above $3 in the Next 6 Weeks, Predicts Analyst</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

XRP Could Break Above $3 in the Next 6 Weeks, Predicts Analyst

Coin Edition

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