XRP Price Prediction: Here’s When XRP Will Hit $1 Target

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XRP’s recent surge in value has put it in the spotlight, thanks to forecasts made by crypto analyst Dark Defender. Back on February 28, Dark Defender forecasted that XRP would reach $0.6462 by March 1 and a range of $0.7707 to $0.9191 by March 10-13. At that time, XRP was trading at $0.58.

As the entire crypto market has seen an incredible surge in it’s value, XRP even showcase remarkable growth in its own. This surge lead, XRP to hit $0.6462 on March 1, validating the analyst’s technical analysis. 

Further on March 13, XRP reached $0.75, closely aligning with Dark Defender’s forecasted range. Now, all eyes are on Dark Defender’s ambitious target of $1 in April, which is currently in progress.

Newly Revised Target

Following XRP’s recent high of $0.75, Dark Defender has updated the projected price targets for XRP. Using Fibonacci retracement levels, a popular technical analysis tool, Dark Defender has revised the short-term price targets for XRP. 

The new targets range from $0.9772 to $1.5048, indicating potential price levels XRP may soon reach. Additionally, Dark Defender suggests that XRP could climb as high as $2.3172, reflecting a bullish sentiment among investors.

Key to Dark Defender’s analysis is the $0.58 support level, as indicated in the chart. This level has proven effective in guiding XRP’s price action. 

XRP Price Analysis 

Based on the current market structure, Dark Defender predicts that XRP will maintain stability at this level and progress toward the forecasted targets, likely by April.

Currently, XRP has experienced a slight price recovery, trading at $0.60 over the last 24 hours.