{"id":197106,"date":"2023-12-19T19:39:19","date_gmt":"2023-12-19T19:39:19","guid":{"rendered":"https:\/\/tokenstalk.info\/?p=197106"},"modified":"2023-12-19T19:39:19","modified_gmt":"2023-12-19T19:39:19","slug":"kaboom-moment-market-pundit-makes-strong-case-for-ripples-xrp-rocketing-past-18-price","status":"publish","type":"post","link":"https:\/\/tokenstalk.info\/crypto\/kaboom-moment-market-pundit-makes-strong-case-for-ripples-xrp-rocketing-past-18-price\/","title":{"rendered":"'Kaboom Moment': Market Pundit Makes Strong Case For Ripple's XRP Rocketing Past $18 Price"},"content":{"rendered":"
Crypto enthusiasts holding onto their XRP coins are finding a glimmer of hope as Dark Defender, a crypto analyst, shares an optimistic forecast on the XRP price. Concerns about the token’s underperformance and potential manipulation have been circulating in the community.<\/p>\n
Dark Defender took to his platform, X, to share a compelling analysis, predicting a mammoth surge that could see XRP reach $18. The analyst highlighted the significance of the $0.6 price level, emphasizing its crucial role in determining an upward trend for XRP.<\/p>\n
Examining the monthly chart, Dark Defender noted that XRP currently stands above the $0.6 level, setting the stage for a potential move toward $1. Targets of $0.88 and $1.05 were deemed “achievable shortly”<\/em> based on his analysis.<\/p>\n The bullish momentum, however, faces hurdles, with Dark Defender identifying a strong resistance at $1.08. Breaking past this resistance, he exclaimed, would be a game-changer, leading to what he described as a “Kaboom”<\/em> moment. The analyst projected a potential climb to $18.22 in the short mid-term, anticipating a challenging journey with resistance at $1.08.<\/p>\n Despite the optimistic outlook, a growing frustration within the XRP community is evident. Influencer Chloe expressed discontent with XRP’s price decline, stating she had “sold it all” in a recent post. Legal expert Bill Morgan also questioned XRP’s underperformance despite regulatory clarity, emphasizing the need for a better explanation.<\/p>\n <\/p>\n The XRP price currently hovers at $0.61, facing a bearish engulfing candle on the daily chart. However, a long wick keeps hopes alive for a potential reversal in the coming days or hours.<\/p>\n As XRP attempts a recovery, challenges lie ahead. A failure to rechallenge the $0.70 mark and the formation of a lower high suggest a precarious situation. The altcoin’s fate remains uncertain, with market conditions playing a crucial role in determining whether it can sustain confidence in a bullish breakout.<\/p>\nWill XRP Sustain Confidence Amidst Growing Community Frustration?<\/strong><\/h2>\n