<p><strong>Crypto market analyst Dark Defender says that XRP’s target price of $1.88 is coming up fast. He points out a triangle pattern and thinks if XRP stays above an important support level, it will definitely hit $1.</strong></p><h2 id="header-0">Claim Instant $200 Worth Of DunkiMunki New Memecoins Free On <a href="https://dunkimunki.xyz/" rel="noopener noreferrer nofollow">www.DunkiMunki.xyz</a></h2><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/05/Untitled-design.png?fit&#61;1920%2C1080&amp;ssl&#61;1" /></p><p>Investors are feeling hopeful after XRP’s recent price increase. With XRP’s price going down recently, it’s now starting to go up again. Another well-known analyst thinks it’s getting closer to reaching $1.88.</p><h2 id="header-1"><strong>XRP’s Price Prediction and Analysis by Dark Defender</strong></h2><p>Today, XRP, a cryptocurrency supported by <a href="https://cryptosheadlines.com/ripple-labs-to-revolutionize-real-estate-industry-through-tokenization/" rel="noopener noreferrer nofollow">Ripple Labs</a>, captured significant attention from investors as its price bounced back after experiencing notable losses. Interestingly, amidst this positive movement, a renowned crypto <a href="https://cryptosheadlines.com/analyst-forecasts-xrp-price-floor-amid-ongoing-bearish-selloff/" rel="noopener noreferrer nofollow">analyst shared an optimistic forecast for XRP’s price</a> trajectory.</p><p>The prediction, suggesting that XRP’s price target of $1.88 is achievable, quickly garnered attention across the crypto market. Dark Defender’s analysis delves into XRP’s weekly time frame, hinting at the cryptocurrency inching closer to the $1.88 mark, as per the Elliott Wave theory.</p><p><a href="https://twitter.com/DefendDark/status/1786104378958447024" rel="noopener noreferrer nofollow">In a recent analysis, Dark Defender</a> emphasizes essential Fibonacci levels, highlighting XRP’s ability to maintain its position above the critical 38.20% level at $0.4623. Attention is drawn to a potential Triangle formation, with $0.5286 identified as a crucial support zone. The analyst anticipates a breakout above this level, potentially fueling XRP’s rally towards $1.</p><h2 id="header-2">Claim Instant $200 Worth Of DunkiMunki New Memecoins Free On <a href="https://dunkimunki.xyz/" rel="noopener noreferrer nofollow">www.DunkiMunki.xyz</a></h2><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/05/Untitled-design.png?fit&#61;1920%2C1080&amp;ssl&#61;1" /></p><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/05/cryptosheadlines3-3.png?resize&#61;640%2C345&amp;ssl&#61;1" /></p><p>Courtesy – <a href="https://twitter.com/DefendDark/status/1786104378958447024" rel="noopener noreferrer nofollow">Dark Defender</a></p><p>According to the analysis, following the surpassing of $1, Wave 3 targets could extend even further, with XRP aiming for $5.85 and $18.22, based on Elliott theory guidelines. Despite a previous prediction in April falling short, Dark Defender remains steadfast in proclaiming XRP’s imminent attainment of the $1 target, generating significant interest among market participants.</p><h2 id="header-3"><strong>XRP’s Price and Market Dynamics</strong></h2><p>At present, the XRP token has registered gains of 2.34% over the past 24 hours, with its current trading price standing at $0.5243. However, Coinglass data has unveiled a 1.13% decrease in XRP’s open interest, accompanied by a significant 40.68% decline in derivatives volume.</p><p>These fluctuations coincide with XRP’s recent highly volatile movement, contributing to a blend of <a href="https://cryptosheadlines.com/top-brands-embrace-crypto-despite-mixed-sentiments-among-americans/" rel="noopener noreferrer nofollow">sentiments among traders and investors in the crypto</a> market. The erratic behavior of XRP’s price trajectory has left many uncertain about its future direction.</p><p><a href="https://cryptosheadlines.com/arthur-hayes-may-crypto-picks-bitcoin-ether-solana-dogecoin-and-more/" rel="noopener noreferrer nofollow">Also Read:   Arthur Hayes&#39; May Crypto Picks: Bitcoin- Ether- Solana- Dogecoin and More</a></p><p>Additionally, there has been a notable increase in whale activity surrounding the XRP token, further complicating the understanding of its price movements in the days ahead. The heightened activity among <a href="https://cryptosheadlines.com/worldcoin-wld-prices-surge-by-80-large-investors-gather-more/" rel="noopener noreferrer nofollow">large investors adds another layer of mystery to XRP’s price</a> action.</p><p><strong>Important:</strong> Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.</p>

Expert Says XRP Could Reach $1.88 in Price Comeback

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