XRP Price To New All-Time High? Analyst Says $5.8 Is Possible Following ‘Golden Cross’

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XRP Price To New All-Time High? Analyst Says $5.8 Is Possible Following ‘Golden Cross’ - NewsBTC

Quick Summary:

Here’s How XRP Could Reach New ATH In a Friday post on the X platform, pseudonymous crypto analyst Dark Defender shared an updated analysis of the XRP price.

However, the crypto pundit noted that the XRP price needs to clear some hurdles, specifically a major resistance zone around $2.9, to run up to the critical Fibonacci level of $5.85 and potentially 8.03 (an almost 200% rally from the current price).

Typically, Golden Cross formations are associated with extended bullish periods, increasing the odds of XRP price maintaining its upward trend toward $5.85 and beyond.