XRP Could Rally to as High as $333, Maintains Ultra Bullish Crypto Expert Dark Defender

Crypto expert Dark Defender maintained his ultra bullish stance that the XRP price could rally to as high as $280 at some point. Interestingly, the expert has even updated his XRP price prediction, stating that the crypto could reach $333.

Crypto expert Dark Defender has defended his ultra bullish stance that the XRP price could rally to as high as $280 at some point. Interestingly, the expert has even updated his XRP price prediction, stating that the crypto could reach $333.

Expert Defends $280 XRP Price Prediction

The expert has defended his $280 XRP price prediction following criticisms from the crypto community. In an X post, Dark Defender reacted to a post by another crypto expert who seemed to be mocking the prediction. He stated that the pattern is close to $280 but added that the precise Fibonacci level sits at $333, indicating that XRP could reach this price level.

“The pattern is close to 280 but the fib is 333. Either way we are getting to at least 200. It begins with a 1 but the 3 is really close to a 2. I prefer 333 as the fib level and it does seem like it could get close to that price point and it would make more sense.”

The pattern is close to 280 but the fib is 333. Either way we are getting to at least 200. It begins with a 1 but the 3 is really close to a 2. I prefer 333 as the fib level and it does seem like it could get close to that price point and it would make more sense pic.twitter.com.8uuA0goHb9

— Dark Defender (@AZCoinNews) August 25, 2023

As CoinGape reported, Dark Defender had laid out an extremely bullish XRP analysis yesterday, suggesting that the crypto could replicate its 2017 bull run performance. His accompanying chart showed that the coin could reach as high as $280. However, based on his recent statement, XRP could surpass this price target and reach $333.

One of the major criticisms regarding this XRP price prediction is the market cap, which the crypto would have to attain to reach this price target. For context, based on the crypto’s current circulating supply, XRP’s market cap would sit around $1.6 trillion if its price reaches $280.

However, the expert suggested that the total market cap doesn’t matter in this regard. According to him, the total market cap doesn’t mean that much amount of money poured into the asset. He gave an example and then remarked that market cap in crypto is an illusion.

An Insight Into The Current Price Action

Amid this development, crypto analyst CrediBULL Crypto has provided insights into the current XRP price action. The analyst noted that the crypto has witnessed a pullback from range highs back to prior flipped resistance levels, which should now act as support.

“Holding these levels as support would be incredibly bullish. But if we lose this support zone its almost guaranteed that we drop below 2$ again, which would create an epic buy opportunity.”

He added that it is a win-win situation as far market participants stay patient and play the current price action correctly.

As to what they could do correctly, CrediBULL Crypto stated that they could do nothing as long as XRP holds this support zone and rise their spot bags to higher highs. But if the XRP price drops below $2, they should look for potential long opportunities and spot buys below $2, starting at $1.80.