Analyst Issues Timeline for XRP to Hit $0.97, $1.5, and $2.3

Dark Defender, a prominent market watcher in the $XRP community, has updated his timeline for when he expects $XRP to surpass the $1 mark and potentially exceed it to $2.3.

The analyst shared the update via X, spotlighting the accuracy of his recent price projection for $XRP.

Hi there, here is your 1 Day Time Frame Update. #$XRP was $0.58 on 28 Feb.

We expected $XRP to hit:

1. $0.6462 on 1-Mar ✅
2. $0.77-$0.92 on 13-Mar ✅($0.75)
3. $1 in April, in progress

Based on the new high of $0.75, the targets are updated as follows:

Fibonacci Levels:… pic.twitter.com/35ks68rLFq

— Dark Defender (@DefendDark) March 20, 2024

Past Forecasts Hitting The Mark

In particular, Dark Defender highlighted that when $XRP was around $0.58 on February 28, he had set a target of $0.6462 by March 1. Interestingly, this prediction materialized as $XRP surged to a high of $0.6495 on March 2.

Furthermore, in the forecast, the analyst had suggested that $XRP would reach between $0.7707 and $0.9191 by March 10 to 13. Remarkably, this prediction also largely came true as $XRP unexpectedly surged by over 20% on March 11, reaching a daily peak of $0.7421.

With the remarkable accuracy of his previous price forecasts, Dark Defender’s confidence in his outlooks for $XRP has strengthened. Accordingly, he reiterated his $1 target for $XRP in April.

Timeline for $0.97, $1.5 and $2.3

Moreover, considering the rapid uptick $XRP experienced on March 11, the analyst has adjusted his other short-term targets. Specifically, he suggests the possibility of $XRP trading between $0.9771 and $1.5 soon. Additionally, the analyst anticipates $XRP even reaching $2.3172, a price point not seen in six years, in the short term.

Notably, his forecast is based on the premise that $XRP revisited a pivotal support zone and initiated a bullish wave foundation from that point onward.

Dark Defender contends that $XRP will sustain this level and advance towards the projected targets, which he anticipates will materialize in April.

Essentially, with $XRP hovering around $0.62 at press time, Dark Defender believes a potential 250% surge for $XRP to the $2 range is within reach, specifically next month. In his view, $XRP is now “standing on the springboard.”

$17 This Month

Meanwhile, Dark Defender is not alone in seeing $XRP explode in the coming weeks. Other analysts, like EGRAG, are even more bullish, projecting an aggressive pump to $17 this month.

Significantly, XPR has recovered from the Bitcoin-included dip that sunk its price to $0.5717 in the last few days. The asset has registered a 4% gain in the last 24 hours to trade at $0.62.