Technical Analysts spoke: XRP price can jump for $ 5!

Crypto analyst Dark Defender predicted that the XRP price can recently reach $ 5, the highest level of a new time (AD). This is based on an estimated, technical indicators and great support levels. So, how will this goal achieve? Here are the details.

Technical indicators support the rise

Analyst Dark Defender said that the XRP price could go towards $ 5 after exceeding a significant resistance of $ 2.90. Breaking this level shows that the price can rise up to $ 5.85 according to fibonacci levels. Especially in the RSI indicator, the Golden Cross formation is considered as a strong rise signal.

Dark Defender pointed to the levels of 2,90, 5.85 and $ 8.03 among the short -term targets. He also stressed that the levels of $ 2,33 and $ 2.44 are important support points. The protection of these levels is critical for the continuation of the rise movement.

Different views of other analysts

Another analyst named Casitrades said that the XRP price should overcome resistances of $ 2.67 and $ 2.95. Passing these levels may open the door to the higher levels. Mikybull Crypto said that the price will mean a new summit to reach the level of $ 4.

Ekrag Crypto drew attention to the rising triangular formation. In this formation, a positive movement may be triggered if the price closes over $ 2.75. Analyst said that the closing above this level will open the door to the target of $ 3.40.

Whales and Big Transfers

While the expectation of ascension continued, Ripple whales began to make remarkable movements. According to Whale Alert data, recently 60 million XRP ($ 163.7 million) moved from an anonymous wallet to another wallet. These big transfers show that investors should be careful when taking positions.

Ripple also reportedly transferred 300 million XRP token. These transfers may be a harbinger of big price movements. In this period, investors should closely follow market developments and act with the right strategies. It is a matter of curiosity how the XRP price will follow in the coming days. However, the movements of technical indicators and whales show that this ascension target is supported.