Convergence

Rally

Dark

Divergence

<ul> 
 <li>A crypto expert predicts a bullish XRP trend after an Elliott Wave correction, with potential targets of $1.88 and $5.85.</li> 
 <li>Technical indicators, like MACD and RSI, support a bullish outlook for XRP.</li> 
 <li>XRP has support at $0.45 and resistance at $0.55; a move above $0.55 could confirm the bullish scenario.</li> 
</ul> 
XRP is making waves in the market as a prominent crypto analyst known as <a href="https://x.com/DefendDark?s=20">Dark Defender</a> predicts a bullish trend after a completed Elliott Wave correction. This prediction has captured the attention of investors and enthusiasts alike, with potential targets set at $1.88 and an astonishing $5.85. 
Dark Defender recently <a href="https://x.com/DefendDark/status/1710957936476910066?s=20">shared</a> insights on X, highlighting XRP’s successful completion of a 5-wave Elliott Wave correction after reaching its peak at $1.966.&nbsp; 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh4.googleusercontent.com/bsMokuahtad0coasTi1N_jLWPsvB3b-OoydQPHIj4zyBm1oWBhn0ss7PAp01zZ9CZyTc-EEGVQ89maUqb6-Tq84iWvHFb9ZffiguYjGRezJA0yGlWeua6DOUBCjqYSFohKrP5mwyUgyGy6qscKeqvKY" alt="">
</figure> 
Source: Dark Defender 
This correction signifies the end of a bearish phase and the initiation of a promising new impulsive Wave 3. Investors are now watching closely for the suggested targets of $1.88 and $5.85, based on Fibonacci extensions. 
Supporting this bullish outlook are vital technical indicators. While the Moving Average Convergence Divergence (MACD) histogram bars show a decline, they remain firmly in positive territory, indicating a slowdown in momentum but not a shift to bearish sentiment. Furthermore, the MACD line maintains its position above the signal line, reaffirming a bullish alignment. 
The Relative Strength Index (RSI) currently rests around 50, signifying a cooling-off period after leaving the overbought territory. Its position in neutral territory suggests room for a potential climb, hinting at forthcoming gains for XRP. 
Regarding support and resistance levels, XRP finds initial support at $0.45 and a significant hurdle at $0.55, which previously served as strong support. A breakthrough above $0.55 would validate Dark Defender’s bullish perspective and set the stage for a retest of the $1.90 mark. 
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</ul> 
The post <a rel="nofollow" href="https://cryptonewsland.com/xrp-price-surge-expert-predicts-potential-rally-to-1-88/">XRP Price Surge: Expert Predicts Potential Rally to $1.88</a> appeared first on <a rel="nofollow" href="https://cryptonewsland.com">Crypto News Land</a>.

XRP Price Surge: Expert Predicts Potential Rally to $1.88

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