Dark Defender, a crypto expert, recently predicted that the price of XRP would go up significantly. Dark Defender sees an enormously favorable shape called a “bull flag” on the XRP/USD chart from Binance over the course of one month, three months, and six months.
The study shows that prices went up at first in early 2017, then leveled off, creating the bull flag pattern. A red descending trend line and a blue rising trend line make up this pattern, which looks like a triangle and means that the price is about to break out.
Dark Defender said that If those are correction bull flags, then this is also a correction bull flag,. but an optimistic one. It’s every month, every three months, and every six months. You can have your coffee today if you know what a bull flag is. “Cheers!”
XRP Price Surge Predicted
Dark Defender believes that XRP could hit about $1.88 at the 161.80% Fibonacci level, $5.86 at the 261.80% level, and maybe even $18.23 at the 361.80% level, using the flagpole and Fibonacci extension levels.
Another prominent XRP expert, EGRAG CRYPTO, commented on Dark Defender’s analysis, pointing out that the flag goes beyond half the length of the pole, which usually rules out the bull flag structure. Even so, EGRAG is interested in the chance of a symmetrical triangle exit.
“I’ve played around with this kind of analysis before, but lately, the idea of a symmetrical triangle breakout is getting more and more interesting to me.” What caught my attention is that the flag is longer than half of the pole, which means the structure is not legal. No matter who is right or wrong, we hope to meet soon and become multimillionaires. “Keep up the great work,” EGRAG said.
EGRAG is still optimistic and thinks XRP could go up to $1.5 on a rise. Larger patterns also point to a possible move to $5.89.
EGRAG said that Stay steady, XRP Army, A mini pump to $1.5 and a big pump to $5.89 are both possible, and the MACRO pump could go above two digits. The price of XRP right now is $0.5189.
