📉 Amid the recent price dip witnessed by altcoins due to market corrections and BTC’s slip to $62K, a prominent analyst’s anticipation of XRP’s imminent run to $1 echoed a sense of frenzy across the crypto horizon today, March 20.
🔮 Dark Defender, a well-known crypto market analyst, recently took to a post on X, showcasing retained bullishness on the Ripple-backed token’s capability to scale $1 in April, giving rise to a colossal torrent of speculations.
💡 According to the analyst’s post on X, a critical examination of XRP’s market dynamics showcased Dark Defender’s previous predictions fell in line with the upcoming potential $1 prediction.
💰 Notably, XRP successfully achieved the $0.6462 target on the specified date, whereas it scaled $0.75, nipping at the heels of the second target. This anchored the analyst’s prediction’s foothold, sparking investors’ enthusiasm orbiting the token’s potential to showcase a phenomenally rising price action ahead.
📈 Meanwhile, based on XRP’s new high of $0.75, the analyst ruled out the next Fibonacci levels as $0.9772-$1.5048 and $2.3172 in the short term.
📊 As of writing, the XRP token’s price jotted a 1.15% upswing over the past 24 hours and is currently trading at $0.5976. Following its recent dip below the crucial $0.6 level, a regained upward momentum promptly nabbed significant attention toward the sixth-largest cryptocurrency by global market cap, falling in line with the analyst’s predictions.