Ripple’s XRP is the star of the show. Cryptocurrency fans can’t wait for Dark Defender to make his bold predictions. Even though XRP is facing legal problems, this mysterious analyst is still sure that the price will rise to $1 by the end of April.
The crypto community is very excited about Dark Defender’s unwavering positivity, especially since the market as a whole is still recovering from major drops.
XRP’s Potential Amidst Bitcoin’s Halving Optimism
Using candlestick charts to look at XRP’s price movement, the analyst points to key support levels that point to a possible rise in the near future. Resistance that turned into support at $0.6044 and $0.6649 show that prices are going up. Recently, Ripple found security at $0.5882.
However, Dark Defender’s forecast is not the only one that exists. The upcoming halving of Bitcoin has made people optimistic, which could lead to a rise in altcoins. As Bitcoin sets the tone,Ripple looks set to do the same, thanks to its 2.72 percent rise in the last 24 hours.
But not everyone agrees with the analyst’s bold prediction. There is a lot of doubt because the SEC’s $2 billion case against Ripple has caused a lot of regulatory uncertainty. XRP’s poor performance can’t be separated from these legal problems. This has caused some to question whether Dark Defender’s prediction can come true in the face of such problems.
