Analyst Eyes XRP To Hit $0.68 If This Happens

Crypto analyst Dark Defender sees feasibility for a Ripple XRP price spike toward $0.68 if key resistance levels get conquered. Evaluating the Ripple chart on higher timeframes, he notes bulls must reclaim $0.60 decisively to unlock additional upside. Three consecutive 4-hour closes above $0.528 represent the first step.

According to Dark Defender, establishing support at $0.60 proves pivotal for extending XRP’s recovery. His analysis charts an upside resistance at $0.624 presently.  

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For context, the token currently trades around $0.531 following a 1.84% daily surge. Its market cap stands at $28.9 billion, though trading volumes jumped 34% to $1 billion. 

XRP needs a 20–25% push to reach the level

Based on the levels highlighted, Ripple XRP requires at least a 20–25% gain just to challenge its immediate resistance zone, beginning at around $0.62. However, suppressing that area could set the stage for an extension toward the $0.665 level, where Dark Defender expects a trend shift to unfold.

Moving past the latter barrier would likely propel a run at his $0.68 target, marking a 30% overall climb from the current XRP valuation. However, XRP needs to flip overhead resistance before surging higher.

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So while technical and on-chain signals appear mixed, analysts like Dark Defender still see noteworthy near-term upside if XRP bulls awaken and volumes return. The coming days should determine whether the token’s consolidation yields a bullish or bearish resolution this month. The stakes ride high on breaking past $0.60 one way or another.