{"id":566302,"date":"2023-12-21T10:00:15","date_gmt":"2023-12-21T10:00:15","guid":{"rendered":"https:\/\/wncen.com\/?p=566302"},"modified":"2024-06-11T12:27:57","modified_gmt":"2024-06-11T12:27:57","slug":"crypto-analyst-xrp-5-85","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ripple\/crypto-analyst-xrp-5-85\/","title":{"rendered":"Crypto Analyst Says Ignore FUD, XRP Is Headed To $5.85"},"content":{"rendered":"<p><a href=\"https:\/\/wncen.com\/analysis\/xrp\/crypto-analyst-xrp-price-18\/#:~:text=XRP%20Price%20To%20Hit%20%2418%20In%20The%20Short%2DTerm&amp;text=An%20upward%20trend%20is%20expected,level%20based%20on%20his%20assertions.&amp;text=Meanwhile%2C%20Dark%20Defender%20also%20shared,which%20he%20had%20earlier%20referenced.\"><span style=\"font-weight: 400\">Crypto analyst Dark Defender<\/span><\/a><span style=\"font-weight: 400\"> has also weighed in on the recent narratives revolving around the <\/span><a href=\"https:\/\/bitcoinist.com\/xrp-price-action-legal-expert\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">XRP tepid price action<\/span><\/a><span style=\"font-weight: 400\">. The analyst is choosing not to listen to any of those as he is <\/span><a href=\"https:\/\/wncen.com\/analysis\/xrp\/xrp-price-parabolic-crypto-1000\/\"><span style=\"font-weight: 400\">confident<\/span><\/a><span style=\"font-weight: 400\"> that the future trajectory of the <\/span><a href=\"https:\/\/wncen.com\/analysis\/xrp\/crypto-analyst-xrp-price-18\/#:~:text=XRP%20Price%20To%20Hit%20%2418%20In%20The%20Short%2DTerm&amp;text=An%20upward%20trend%20is%20expected,level%20based%20on%20his%20assertions.&amp;text=Meanwhile%2C%20Dark%20Defender%20also%20shared,which%20he%20had%20earlier%20referenced.\"><span style=\"font-weight: 400\">XRP token is bullish<\/span><\/a><span style=\"font-weight: 400\">.\u00a0<\/span><\/p>\n<h2><b>No Need To Listen To FUD<\/b><\/h2>\n<p><span style=\"font-weight: 400\">In a <\/span><a href=\"https:\/\/x.com\/DefendDark\/status\/27808276?s=20\" rel=\"nofollow\"><span style=\"font-weight: 400\">post<\/span><\/a><span style=\"font-weight: 400\"> on his X (formerly Twitter) platform, Dark Defender mentioned that he doesn\u2019t listen to the FUD (Fear, uncertainty, and doubt). He also seemed to be urging the <\/span><a href=\"https:\/\/bitcoinist.com\/xrp-price-at-470\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">XRP community<\/span><\/a><span style=\"font-weight: 400\"> to ignore the FUD as he stated that the token is still proceeding according to \u201cour plan\u201d based on the weekly time frame.\u00a0<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/ethereum\/ethereum-exchange-eth-price\/\">Ethereum Exchange Balances Drop Drastically, What This Means For ETH Price<\/a><\/div>\n<pre style=\"text-align: center\">\r\n<img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-566305 aligncenter\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/XRP-1.png?w=460&#038;resize=460%2C259\" alt=\"XRP 1\" width=\"460\" height=\"259\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/XRP-1.png?w=512 512w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/XRP-1.png?w=460 460w\" sizes=\"(max-width: 460px) 100vw, 460px\">Source: X<\/pre>\n<p><span style=\"font-weight: 400\">He alluded back to several comments and analyses he had made about <\/span><a href=\"https:\/\/wncen.com\/analysis\/xrp\/xrp-price-up-today-ripple\/\"><span style=\"font-weight: 400\">XRP\u2019s price action<\/span><\/a><span style=\"font-weight: 400\">. One of them was on June 4, when he had set Wave 1 on the charts to $0.89. On June 21, he also detailed the target levels that XRP could attain. Meanwhile, he had set the limit for Wave 2 to $0.46 and Wave 3 to $1.88 on September 13.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Dark Defender noted that nothing has changed since then, as the targets \u201cwere and are the same.\u201d The crypto analyst was basically suggesting that there was no need to be <\/span><a href=\"https:\/\/wncen.com\/analysis\/xrp\/xrp-price-up-today-ripple\/\"><span style=\"font-weight: 400\">worried about XRP\u2019s price action<\/span><\/a><span style=\"font-weight: 400\"> as everything was going according to plan from a technical analysis perspective.\u00a0\u00a0<\/span><\/p>\n<h2>XRP Still Headed To $5.85<\/h2>\n<p><span style=\"font-weight: 400\">As to <\/span><a href=\"https:\/\/bitcoinist.com\/xrp-price-at-470\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">XRP\u2019s future trajectory<\/span><\/a><span style=\"font-weight: 400\">, Dark Defender reaffirmed that the upcoming target is still $1.88 and $5.85 based on the Elliot Waves, which he had highlighted months back. From the accompanying chart that he shared, Dark Defender focused more on the $5.85 price level.\u00a0<\/span><\/p>\n<pre style=\"text-align: center\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-566306 aligncenter\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/XRP-2.png?w=460&#038;resize=460%2C259\" alt=\"XRP 2\" width=\"460\" height=\"259\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/XRP-2.png?w=512 512w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/XRP-2.png?w=460 460w\" sizes=\"(max-width: 460px) 100vw, 460px\">Source: X\r\n\r\n<\/pre>\n<p><span style=\"font-weight: 400\">He is confident in XRP hitting that price because he foresees the token touching the \u201c261.80% Fibonacci Level at $5.85.\u201d It won\u2019t, however, be up from $1.88 as the crypto analyst predicts that there will be a correction from that price level.\u00a0<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-price-85-million-doge\/\">Dogecoin Price In Trouble: Whale Transfers 85 Million DOGE To Robinhood<\/a><\/div>\n<p><span style=\"font-weight: 400\">Going by Dark Defender\u2019s past price predictions, $5.85 won\u2019t be the peak, as one can still expect upward price movement. The crypto analyst had <\/span><a href=\"https:\/\/wncen.com\/analysis\/xrp\/crypto-analyst-xrp-price-18\/#:~:text=XRP%20Price%20To%20Hit%20%2418%20In%20The%20Short%2DTerm&amp;text=An%20upward%20trend%20is%20expected,level%20based%20on%20his%20assertions.&amp;text=Meanwhile%2C%20Dark%20Defender%20also%20shared,which%20he%20had%20earlier%20referenced.\"><span style=\"font-weight: 400\">previously mentioned<\/span><\/a><span style=\"font-weight: 400\"> that XRP would hit $18 soon enough. He noted then that XRP was likely going to face a strong resistance at $1.08. However, he projects that it will be <\/span><a href=\"https:\/\/wncen.com\/news\/xrp-price-set-to-explode-analyst-identifies-trigger-for-next-parabolic-move\/\"><span style=\"font-weight: 400\">\u201ckaboom\u201d<\/span><\/a><span style=\"font-weight: 400\"> once XRP is able to break from that level.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">In the meantime, many will be hoping that XRP can at least experience a significant rally<\/span><a href=\"https:\/\/wncen.com\/analysis\/xrp\/2023-xrp-price\/#:~:text=XRP%20Price%20To%20End%202023%20On%20A%20Low&amp;text=Jungle's%20belief%20stems%20from%20the,bid%20to%20keep%20inflation%20down.\"><span style=\"font-weight: 400\"> to end the year<\/span><\/a><span style=\"font-weight: 400\">. At the time of writing, XRP is trading around $0.61, up over 1% in the last 24 hours, according to <\/span><a href=\"https:\/\/coinmarketcap.com\/currencies\/xrp\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">data<\/span><\/a><span style=\"font-weight: 400\"> from CoinMarketCap.\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium\" src=\"https:\/\/www.tradingview.com\/x\/ZAzXZu0h\/\" alt=\"XRP price chart from Tradingview.com\" width=\"3266\" height=\"1530\"><\/p>\n<pre style=\"text-align: center\">Token price at $0.61 | Source: <a href=\"http:\/\/Tradingview.com\" rel=\"nofollow\">XRPUSD on Tradingview.com<\/a><\/pre>\n<div class=\"disclaimer-shortcode\">Featured image from U.Today, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Crypto analyst Dark Defender has also weighed in on the recent narratives revolving around the XRP tepid price action. The analyst is choosing not to listen to any of those as he is confident that the future trajectory of the XRP token is bullish.\u00a0 No Need To Listen To FUD In a post on his X (formerly Twitter) platform, Dark Defender mentioned that he doesn\u2019t listen to the FUD (Fear, uncertainty, and doubt). He also seemed to be urging the XRP community to ignore the FUD as he stated that the token is still proceeding according to \u201cour plan\u201d based on the weekly time frame.\u00a0 Related Reading: Ethereum Exchange Balances Drop Drastically, What This Means For ETH Price Source: X He alluded back to several comments and analyses he had made about XRP\u2019s price action. One of them was on June 4, when he had set Wave 1 on the charts to $0.89. On June 21, he also detailed the target levels that XRP could attain. Meanwhile, he had set the limit for Wave 2 to $0.46 and Wave 3 to $1.88 on September 13.\u00a0 Dark Defender noted that nothing has changed since then, as the targets \u201cwere and are the same.\u201d The crypto analyst was basically suggesting that there was no need to be worried about XRP\u2019s price action as everything was going according to plan from a technical analysis perspective.\u00a0\u00a0 XRP Still Headed To $5.85 As to XRP\u2019s future trajectory, Dark Defender reaffirmed that the upcoming target is still $1.88 and $5.85 based on the Elliot Waves, which he had highlighted months back. From the accompanying chart that he shared, Dark Defender focused more on the $5.85 price level.\u00a0 Source: X He is confident in XRP hitting that price because he foresees the token touching the \u201c261.80% Fibonacci Level at $5.85.\u201d It won\u2019t, however, be up from $1.88 as the crypto analyst predicts that there will be a correction from that price level.\u00a0 Related Reading: Dogecoin Price In Trouble: Whale Transfers 85 Million DOGE To Robinhood Going by Dark Defender\u2019s past price predictions, $5.85 won\u2019t be the peak, as one can still expect upward price movement. The crypto analyst had previously mentioned that XRP would hit $18 soon enough. He noted then that XRP was likely going to face a strong resistance at $1.08. However, he projects that it will be \u201ckaboom\u201d once XRP is able to break from that level.\u00a0 In the meantime, many will be hoping that XRP can at least experience a significant rally to end the year. At the time of writing, XRP is trading around $0.61, up over 1% in the last 24 hours, according to data from CoinMarketCap.\u00a0 Token price at $0.61 | Source: XRPUSD on Tradingview.com Featured image from U.Today, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":566310,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16894],"tags":[167,6664,26263,14690,3680,17209,4531,83637,13172,89506,16289,10972,78763],"class_list":["post-566302","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-analyst","tag-crypto","tag-crypto-analyst","tag-crypto-news","tag-ripple","tag-ripple-news","tag-xrp","tag-xrp-news","tag-xrp-price","tag-xrp-price-performance","tag-xrp-price-prediction","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\n<title>Crypto 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During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. 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