XRP Target Raised to $333 by Dark Defender, On-Chain Metrics Show Growing Interest

Generado por agente de IACoin World
martes, 11 de marzo de 2025, 2:49 pm ET1 min de lectura

Crypto analyst Dark Defender has reiterated his bullish stance on XRP, increasing his price target from $280 to $333. Despite skepticism from the crypto community, the analyst remains steadfast in his optimistic outlook, attributing his projections to historical market patterns and Fibonacci levels.

Dark Defender's analysis draws parallels between XRP’s current market trajectory and its performance during the 2017 bull run, a period marked by significant growth. He believes that similar conditions could drive the asset to new heights. Addressing concerns about the feasibility of these projections, particularly in terms of market capitalization, Dark Defender argues that market cap in crypto is often misunderstood. He posits that it does not directly represent the amount of capital flowing into an asset but rather serves as an indicative metric. According to him, market cap in crypto is largely an illusion when predicting price potential.

Another analyst, CrediBULL Crypto, provided insights into XRP’s immediate price action. He noted that the token recently pulled back from range highs and is now testing previously flipped resistance levels, which should act as new support zones. Maintaining support at these levels would be a strong bullish indicator, while a failure to hold could push the token below the $2 mark. CrediBULL Crypto sees two key scenarios for traders: if XRP holds above support, investors should remain patient and ride the trend toward higher levels. Conversely, if the price dips below $2, traders should look for long opportunities starting at $1.80. Regardless of the short-term fluctuations, CrediBULL Crypto asserts that both scenarios present favorable opportunities, as long as investors position themselves wisely.

Despite recent volatility, on-chain metrics suggest growing interest in XRP. Data indicates that the number of active addresses on the network has surged to a record high, and transaction volumes have risen, signaling increased engagement among holders. While predictions of a $280–$333 XRP price remain controversial, they are based on technical analysis rather than speculation. Dark Defender’s argument about market cap highlights an important nuance in crypto valuation, while CrediBULL Crypto’s perspective offers a balanced view of XRP’s immediate price movement. With rising on-chain activity and critical support levels being tested, XRP’s market performance in the coming weeks will be crucial in determining whether these ambitious projections remain viable.

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