XRP is experiencing bullish momentum as it approaches a significant price point near $2, a level it last reached during the 2021 bull cycle. This mark serves both as an opportunity and a challenge for investors, as a breakthrough could lead to sustained gains, while failure might result in short-term volatility.
Top analyst Dark Defender predicts XRP to hit $2.13 soon, followed by a brief correction and further price increases. The current rally is generating significant interest, with fresh demand propelling XRP toward new supply levels and potential all-time highs.
XRP recently surged to $1.95, a step from the critical $2 level, marking a 285% increase since November 5. Analysts are closely monitoring whether XRP can maintain its bullish trajectory and achieve new highs, supported by market dynamics and investor interest.
Potential resistances at $4.11 and $6.42, identified by Dark Defender, align with a secondary target of $5.85, serving as milestones if the bullish trend continues. The coming weeks will be crucial in determining XRP's next phase as it tests the $2 threshold.
