XRP Price Targets $3.61 In Short Term As ‘Cup’ Turns Hot

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So, the XRP price is still playing hide and seek after the recent market crash, and guess what? It’s below the $2.2 level! 🎢 This has led to a dramatic breakdown of multiple support levels, leaving only the $2 support level standing like a lone soldier for the bulls. Meanwhile, our favorite crypto analyst, Dark Defender, is out there drawing bullish formations on the XRP price chart like it’s a kindergarten art project. 🎨

Why The XRP Price Is Headed For $3.61

In a recent analysis that was posted on social media (because where else would it be?), Dark Defender reveals that multiple technical indicators are starting to flash bullish. It’s like a disco party for numbers! 💃 As the analyst explains, the XRP price is about to shake off the tension that’s been weighing it down like a bad breakup.

This tension zone is just below the $2.1 level, and it’s been rising like my anxiety before a big presentation. But fear not! Support is still mounting for the price, which means this is the level that our digital asset must clear to start its next uptrend. 🚀

In addition to the expected tension zone blow-off (sounds like a bad hair day, right?), the analyst also points out that this price is close to the conjunction of trend lines. And let’s not forget the Fibonacci level and the Cup Surface, which are also hanging out nearby like they’re at a coffee shop. ☕

Dark Defender also mentioned that the XRP moving averages have tightened during this time. So, it’s possible that the price might start to rise, especially as the trend line gets squeezed. It’s like a pressure cooker waiting to explode! 💥

With these bullish technicals flashing now, there are two price targets that our crypto analyst presented. The first is just a 5% move toward the $2.22 price level, which is the major resistance at this point. If this level is successfully cleared, then the next target is a whopping 50% move up to the $3.61 territory. Cha-ching! 💰

Community Calls For Regulatory Clarity

Amid all this bullishness, it seems that the XRP price is still being held back like a kid at a candy store with no money, thanks to the ongoing Ripple-SEC lawsuit. 😩 Crypto analyst and XRP community member Jaydee decided to take a poll asking the community what they believe will be the narrative that pushes the next bullish divergence.

The poll ended with 44.3% of voters saying they want regulatory clarity and the end of the SEC lawsuit as the major reason that will drive the bullishness. Others included Charts/TA at 34.3%, Partnerships/Adoption at 11.5%, and the Ripple IPO getting a measly 9.9% of votes. Talk about a popularity contest! 🏆

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2025-06-20 14:44