XRP Price Prediction: Crypto Analyst Dark Defender Projects XRP Will Outperform Bitcoin and Ethereum

input: Crypto analyst Dark Defender projected that XRP will outperform both Bitcoin and Ethereum during the upcoming months based on his assessment. The analyst predicts XRP will move strongly upward based on its current regulatory position and expected ETF approval together with positive market trendlines.

Crypto analyst Dark Defender is projecting that XRP will outperform both Bitcoin and Ethereum in the coming months. The analyst predicts that XRP will move strongly upward based on its current regulatory position and expected ETF approval together with positive market trendlines.

According to him, the US regulatory situation regarding cryptocurrency largely favors XRP because it remains the largest digital asset with specific legal clarity in the United States. Analisa Torres gave a federal court ruling that XRP lacks security attributes which led the SEC to abandon its legal measures against Ripple. The regulatory approval has generated higher confidence among investors for this altcoin.

According to Benzinga, resolving XRP’s legal position serves as a drawing factor for concerned institutional investors who sought clear regulations when dealing with Bitcoin (BTC) and Ethereum (ETH). XRP uses its benefit to secure a market advantage before becoming broadly adopted by users.

Potential ETF Approval Could Drive Price Growth

Bullish feelings have been heightened because of discussions about an XRP exchange-traded fund (ETF). Dark Defender predicts that the needed approval process for XRP-based exchange-traded funds approaches completion. Market expert Nate Geraci joined the expert consensus when he explained that cryptocurrency-based ETFs show growing popularity.

There are speculations that XRP may be added to the Digital Asset stockpile established through an executive order. The addition of XRP to such a crypto-based stockpile would strengthen its market position alongside increased demand from investors.

Technical Indicators Suggest a Price Surge

Technical analysis from Dark Defender indicates that XRP is forming a bullish rectangle pattern. The analyst suggested that the altcoin could break out of its current consolidation phase soon, potentially leading to a price surge.

Another analyst, Javon Marks, predicted that XRP could see a 570% increase, pushing the price to around $16.50. Marks pointed to the altcoin’s past performance and current market momentum as reasons for his projection. He also suggested that a full bull cycle could push XRP toward $100 or higher.

Resistance Levels and Market Uncertainty

Despite the optimistic outlook, some market analysts are urging caution. Experienced trader Peter Brandt has warned that XRP is showing signs of a bearish head-and-shoulders pattern, which could lead to a drop to about $1.07. He mentioned that if XRP doesn’t manage to stay above $1.90, it could face downward pressure before any possible recovery.

Meanwhile, a recent report from Coinfomania indicates that the open interest in XRP futures has risen by 36% over the past two weeks, indicating strong investor involvement. The price has surged more than 35% since March 11, but traders are keeping an eye on the key resistance level at $2.60. It remains to be seen whether XRP will break through this resistance or face further rejection in the coming days.