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Crypto investors had an eventful weekend with the noticeable rise of XRP. Crypto analyst Dark Defender shared a post on XRP, which experienced a brief drop after reaching $0.71 and is currently trading above $0.67, to emphasize its short-term price targets.
XRP Price Targets
Dark Defender started the post by celebrating the achievement of reaching the short-term price target. At the time of the post, XRP had surpassed the critical level of $0.66 within a 4-hour time frame. The analyst also emphasized the importance of staying above the $0.66 level.
Dark Defender supported the bullish sentiment in the XRP community by stating, “However, the main trend is UP!” The analyst indicated a short-term target of $1.88. However, Dark Defender mentioned that for XRP to reach the significant level of $1.88, the price must hold above $0.6649.
The analyst also highlighted other potential targets such as $1.05 and $1.33. However, none of them hold as much importance as $0.66. Similarly, the level of $1.8815 was defined as a significant price level. Dark Defender stated that if XRP manages to surpass this level, the next target could be $5.8563.
Of particular note is the bullish sentiment across various time frames. Dark Defender highlighted that XRP has shown an upward trend on daily, weekly, and monthly time frames, which has been ongoing for months.
It is important to note that if XRP reaches the short-term target of $1.88, it would have more than doubled its current value.
Will XRP Reach $18?
In the final part of the post, Dark Defender states that short to medium-term targets can be seen on the chart. Dark Defender points out that after the potential level of $5.8563, the last level of $18.2275, which corresponds to an increase of over 2,547% for XRP, is indicated.
As XRP continues its upward movement, investors and followers will continue to monitor the charts to see if these targets will materialize and if XRP will continue to rise in the coming months. If XRP manages to reach $18, it could potentially move towards the target of $27 previously mentioned by another analyst.
