Cryptocurrency expert Dark Defender predicts that XRP could reach a new historical peak of $5 in the near future. He noted that an upward trend is forming in XRP, supported by positive technical indicators. Following the asset’s breakthrough past the $2.90 mark, it is expected to move towards critical Fibonacci levels and even higher targets.
XRP Price and Technical Indicators
Dark Defender expressed that XRP could achieve short-term targets of $2.90, $5.85, and $8.03. He highlighted that the golden cross in the RSI indicator provides positive signals, stating, “Levels of $2.44 and $2.33 are significant for support.” This commentary is viewed as a favorable assessment from a technical analysis perspective.
Market Movements and Whale Activity
Other cryptocurrency analysts have pointed out that some market participants are paying attention to resistance levels at $2.67 and $2.95. Additionally, they noted a target of $4 during XRP’s recovery phase. Reports indicate that Ripple 
$2 whales have transferred large amounts of XRP to take positions in the market.
Analyst Egrag Crypto observed a rising triangle formation in XRP and mentioned that a close above $2.75 could trigger positive movement. He also emphasized that the $3.40 level is critical for reaching new peaks.
Other analysts monitoring the market have indicated that XRP has short-term technical support, reinforcing the view that emerging trends in the market can be supported.
Data from outside the market, along with whale activities, suggest that XRP could reach a significant position within the sector. The transfer of millions of XRP is interpreted as a crucial indicator that could influence market dynamics.
