Dark

<p>According to crypto strategist <a href="https://twitter.com/DefendDark/status/1713498135039746416?t=MAWzneVzLlBYhOn_jtMASQ&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">Dark Defender</a>, Ripple’s price action on the weekly time frame suggests its uptrend remains intact despite recent consolidation.</p>
<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="576" src="https://captainaltcoin.com/wp-content/uploads/2023/10/image-392-1024x576.png" alt="" class="wp-image-356406" srcset="https://captainaltcoin.com/wp-content/uploads/2023/10/image-392-1024x576.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-392-300x169.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-392-768x432.png 768w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-392-1536x864.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-392-2048x1152.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-392-267x150.png 267w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-392-100x56.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-392-622x350.png 622w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-392-788x443.png 788w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-392.png 679w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>In a recent Twitter thread, Defender noted Ripple is oscillating between key Fibonacci levels at $0.46 and $0.52. This signals the primary resistance is still holding, keeping the bullish trend alive.</p>
<p>Defender points to his earlier accurate calls for Wave 1 to top out around $0.89 and $1.88, followed by a Wave 2 retracement toward $0.46 and $0.39, both of which played out.</p>
<p>Now, he expects Wave 3 will see Ripple break out of its current triangle consolidation, targeting $1.33 initially. The next Fibonacci extension levels at $1.88 and $5.85 remain viable for the full Wave 3 climb.</p>
<p>Despite ongoing skepticism toward <a class="wpil_keyword_link" href="https://captainaltcoin.com/ripple-xrp-price-prediction/" title="XRP" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">XRP</a>, the developing chart pattern adheres nicely to Defender’s outlined elliott wave structure. A decisive break above triangle resistance could confirm the next leg up is underway.</p>
<p>If Ripple can successfully break out toward Defender’s $1.33 target, it lends more credence to his loftier Wave 3 objectives at nearly $6. This exemplifies persistent bullish expectations among analysts awaiting upside confirmation.</p>
<p>Defender’s demonstrated accuracy and the ripening chart setup make his projected Ripple recovery compelling. A triangle breakout could quickly invalidate doubters and put Ripple back on course toward reclaiming its all-time highs.</p>
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<p>The post <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com/how-xrp-price-could-reach-1-33-according-to-analyst/">How XRP Price Could Reach $1.33, According to Analyst</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

How XRP Price Could Reach $1.33, According to Analyst

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