XRP to Hit $10.1101 in Five-Wave Impulse Move: Dark Defender Predicts
Crypto analyst Dark Defender has published an XRP price analysis titled 'The Break-Out,' predicting that the digital asset will hit $10.1101 in a five-wave impulse move from its current price of $1.3921.
The chart maps out the potential path, with Wave (3) targeting $7.0786 by October and Wave (4) pulling back to $4.1043 in November before completing the move at $10.1101 in Wave (5).
This prediction comes despite the U.S. Senate's recent vote against the CLARITY Act, which had been seen as a potential catalyst for XRP's price movement.
Dark Defender had previously stated that XRP would move regardless of the bill's outcome, and his analysis suggests that the breakout zone on the chart is currently active, with XRP's price sitting just above key Fibonacci support levels.