Crypto analyst Dark Defender predicts that XRP could reach $5 in 2025, driven by growing whale activity. Recent data shows that over $700 million worth of XRP was moved in significant transactions, causing excitement in the market.
Whale Alert announced a notable transfer of 300 million XRP (worth $649.8 million) to Ripple. Additionally, 30 million XRP were transferred to the Bithumb exchange, indicating a possible sell-off that could create selling pressure.
Despite this, Dark Defender remains bullish and predicts an initial Fibonacci target of $5.85 for XRP. He highlighted that XRP has completed its corrective pattern on the weekly charts and expects the cryptocurrency to break through a key triangle formation within a week. Its bullish chart also suggests that XRP could rise as high as $18 this market cycle.
Other analysts share this optimism. CasiTrades forecasts a rebound to $2.60, with XRP currently trading at 2.41 after…
