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XRP Price Target to $10 Remains Intact, Says Analyst Amid Recent Volatility
Despite slipping below $3 amid recent market volatility, analysts remain confident that the XRP price can still reach its target of $10.
Ripple’s native cryptocurrency has recently experienced volatility and is currently testing crucial support at $2.85. Noted crypto analyst Dark Defender stated that the XRP price is performing exactly as predicted in his chart, and is currently undergoing an ABC correction, as shown in the image below. If the bulls fail to defend the $2.85 support, the next drop could be at $2.64.
However, Dark Defender believes that the Ripple crypto will see a sharp bounce back from there, continuing its upward journey to $10.47. The subsequent targets shared by the analyst on the upside are $3.33, $4.36, $5.85, and $10.4765.
Another noted crypto analyst, Crypto Patel, has shared similar price targets for XRP. He noted that XRP is currently only 200% away from the $10 mark, citing strong bullish momentum and growing interest from the XRP community.
According to Patel, XRP is holding key support at $0.80, with significant resistance near $2.90. The analyst emphasized that a breakout above these levels could set the stage for a major rally.
Source: www.coinspeaker.com
