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The XRP price has now <a href="https://bitcoinist.com/ripple-ceo-touts-xrps-role-in-transforming-banking/" rel="nofollow">managed to position itself</a> above the $0.6 psychological level, as <a href="https://bitcoinist.com/is-tesla-dipping-its-toes-back-in-bitcoin/" rel="nofollow">the entire crypto</a> market <a href="https://bitcoinist.com/shiba-inu-adoption-explodes-20x-shib-dethrone-doge/" rel="nofollow">waddles in bullish action</a> in the past month. Popular crypto analyst Dark Defender has predicted an interesting price point for XRP, revealing that the crypto could reach $14.61 if the XRP/BTC pair reaches a record high.&nbsp;&nbsp; 
<h2 id="xrp-could-skyrocket-2-300">XRP Could Skyrocket 2,300%</h2> 
Dark Defender’s recent analysis of XRP’s price trajectory is based on its past performance against Bitcoin on the XRP/BTC pair. A deep dive into the XRP/BTC chart shared on X by the analyst reveals that XRP has been underperforming against Bitcoin since the middle of 2023. XRP has been down 60% <a href="https://www.newsbtc.com/bitcoin-news/analyst-predicts-bitcoin-on-the-brink-of-a-monumental-rally/">against Bitcoin</a> since August 2023. Recent market dynamics have further exacerbated its underperformance against Bitcoin, as Bitcoin continues to push against various price levels to <a href="https://www.newsbtc.com/breaking-news-ticker/breaking-bitcoin-price-soars-to-new-all-time-high-above-69000/">reach a new all-time high</a>. 
Interestingly, Dark Defender noted that the price action of the pair has now reached a support which will determine XRP’s price trajectory in the coming months. The so-called support has the characteristics of the formation of higher lows since 2015 and is now at the 0.00000914 level. 
The price chart noted a bounce over this support to usher in an incoming breakout of epic proportions to the current high of 0.00024351. The last time a bounce happened, XRP would go on to overperform Bitcoin by over 5,000% throughout 2017 and early 2018. “It will be the awakening of 6 years,” the analyst said. 
<blockquote class="twitter-tweet"> 
 We had the Orange and the Green Arrows on the <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" rel="nofollow">#XRP</a>/<a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw" rel="nofollow">#BTC</a> pair. 
 We reached the Support, Ultimate. 
 The <a href="https://twitter.com/hashtag/Purple?src=hash&amp;ref_src=twsrc%5Etfw" rel="nofollow">#Purple</a> Arrow is here. 
 It will be the awakening of 6 years. 
 Some can see, &amp; some can’t. <a href="https://t.co/yyqhwjopiX" rel="nofollow">pic.twitter.com/yyqhwjopiX</a> 
 — Dark Defender (@DefendDark) <a href="https://twitter.com/DefendDark/status/1765354316850667663?ref_src=twsrc%5Etfw" rel="nofollow">March 6, 2024</a>
</blockquote> 
When asked for an XRP price point, Dark Defender <a href="https://x.com/DefendDark/status/1765405468422197752?s=20" rel="nofollow">clarified that the</a> XRP/BTC pair increases only when XRP appreciates against BTC. In the scenario that BTC starts to perambulate around the $60,000 price level, a surge in the XRP/BTC to the 0.00024351 level would relate to XRP reaching $14.61. In the scenario that Bitcoin <a href="https://www.newsbtc.com/news/bitcoin/bitcoin-bulls-on-alert-top-analyst-anticipates-a-massive-rally-in-the-cards/">reaches $100,000</a> and sticks around this price level, XRP could trade for over $20 with the same all-time high on the XRP/BTC pair.&nbsp; 
With XRP now trading at $0.6205, a surge to $14.61 and $20 would mean an increase of 2,250% and 3,120%, respectively, from the current price level.&nbsp; 
<h2 id="continued-bullish-sentiment-for-xrp-price">Continued Bullish Sentiment For XRP Price?</h2> 
Other crypto analysts have predicted bullish price points for XRP in the near future. For example, Crypto analyst Jaydee highlighted XRP <a href="https://bitcoinist.com/xrp-price-face-melting-rally/" rel="nofollow">breaking out</a> of a six-year trendline which could mean a further move to the upside. 
In another technical analysis using the Elliott Waves theory, Dark Defender <a href="https://www.newsbtc.com/xrp-news/xrp-price-hit-1-march-crypto-analyst/">predicted XRP to reach</a> $1 in March, a level that it hasn’t attained since May 2021. 
<img loading="lazy" decoding="async" class="aligncenter size-medium" src="https://www.tradingview.com/x/eTZnaJPo/" alt="XRP price chart from Tradingview.com" width="3286" height="1530">

Crypto Analyst Says XRP Price Could Rocket 2,300% To $14.6, Here’s How

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