Expert Predicts XRP Price Can Reach $280, Here’s When

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Crypto expert Dark Defender predicted that the XRP price could rally to $280, providing a bullish outlook for the crypto. The expert alluded to XRP’s historical performance as to why the coin could reach such an ambitious price target.

Crypto Expert Predicts XRP Price Rally To $280

In an X post, Dark Defender predicted an XRP price rally to $280 as he raised the possibility of the crypto replicating its 2017 bull run performance. In 2017, XRP witnessed a price rally of over 60,000% on its way to its current all-time high (ATH) at around $3.3.

The expert’s accompanying chart showed that XRP could reach this $280 target between 2026 and 2027, although the parabolic rally could begin this year as the crypto looks to replicate its 2017 performance.

Interestingly, crypto analyst Egrag Crypto had also made a similar prediction to Dark Defender. The analyst predicted that XRP could rally to $222 if history repeats itself, alluding to the 2017 bull run.

Coffee-Cup Pattern Shows Rally To $44 Is Possible

In an earlier post, Dark Defender made a more conservative prediction of an XRP price rally to $44 based on a ‘Coffee Cup’ pattern. He explained that this market pattern is a U-shaped formation on a price chart, indicating a potential bullish trend reversal after a downtrend. This pattern typically takes weeks to months to develop fully.

The expert stated that he has paired this pattern with the Elliot Waves, which has given a better picture of XRP’s future trajectory. He remarked that wave 3 is charging toward $5.85 and $18.22. Wave 5 is eyeing $36, while the cup’s depth plus Coffee level is brewing up for a rally to as high as $44.22.

XRP Is Testing Critical Resistance

In an X post, crypto analyst CasiTrades stated that the XRP price is testing critical resistance at around $2.54 and is currently sitting just below the trendline of a consolidation pattern. She further remarked that if the crypto breaks and holds above this $2.54 price level, the next targets are still $2.70 and $3.05.

The analyst had previously highlighted those price levels as the upside targets when she warned that XRP could drop to as low as $1.5 if it fails to hold above $2.42. Meanwhile, in her recent analysis, CasiTrades remarked that she is still leaning towards the idea that the crypto is still in the early stages of Wave 3.

The analyst added that it is just not obvious yet, but once XRP breaks previous highs, the crypto could rally to $9.50 for the official Wave 3 extension. She noted that this aligns with the macro $8 to $13 price target.

Crypto analyst Ali Martinez predicted that the XRP price could soon rally to $5. He stated that if XRP avoids closing below the head-and-shoulders neckline and breaks above the right shoulder instead, it could invalidate the bearish pattern. He added that this move might trigger a bullish breakout toward $5.

The post Expert Predicts XRP Price Can Reach $280, Here’s When appeared first on CoinGape.

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