Dark Defender, a crypto technical analyst, recently shared insights into the price movements of XRP. According to his analysis, XRP had initially stopped at $0.93, which he identified as the conclusion of Wave 1. The cryptocurrency then entered Wave 2, a corrective phase. On September 2nd, Dark Defender pointed out the final support levels of $0.46 and $0.39 for XRP during this phase.
As of now, XRP is hovering at the $0.46 support level. Dark Defender posits that if the price drops below this support, the next and final level to watch would be $0.39. Once these support levels are reached, he expects Wave 2 to end. This would subsequently lead to Wave 3, where he anticipates XRP targets of $1.88 and $5.85 to be in play.
Doge2014 raises 450K in days celebrating Dogecoin. Make potentially big profits and get in on exclusive airdrop!
Show more +Dark Defender’s insights offer a comprehensive technical analysis of XRP’s recent price trends and serve as a valuable resource for those interested in cryptocurrency trading. Always make sure to do your own research and consult multiple sources when considering investment opportunities.
We recommend eToro
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
