Coin-Turk 2 minutes ago
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Crypto analyst Dark Defender forecasts that the price of XRP could reach $5 this year. This prediction is supported by significant activity from major players in the XRP market.
Major Investors’ XRP Activity
According to Whale Alert data, an unknown wallet transferred 300 million XRP (approximately $649.8 million) to Ripple 
$2. Another unidentified wallet sent 30 million XRP to the Bithumb exchange. Such substantial transactions can have significant impacts on the market.
Dark Defender noted that Fibonacci target levels remain the same, with the first target precisely set at $5.85. Additionally, he stated that XRP has completed a correction pattern on the weekly timeframe.
Market Expectations and Future Predictions
“I expect XRP’s price to surpass the triangle level I indicated on the charts within a week.” – Dark Defender.
On the other hand, analyst CasiTrades anticipates a rebound for XRP after it dipped to $2.60. Mikybull Crypto pointed out that XRP has one of the strongest charts, predicting double-digit price increases.
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