With XRP still holding around $3 after reports of the Ripple lawsuit’s conclusion, skepticism about the coin’s price action is again brewing.
While some traders are writing off XRP, technical analyst Dark Defender believes such thinking reflects a lack of perspective.
In a post on X, Dark Defender tweeted that those who believe XRP will linger around $3 without pushing higher “must be so naive.”
He compared XRP to major global currencies like the U.S. dollar, British pound, euro, yen, and Swiss franc. The statement addresses the skepticism about XRP despite its potential role as a settlement layer for global currencies.
For context, XRP has dipped by 5% over the last 24 hours, with the risk of losing the $3 psychological level. The decline has almost wiped out the gains it secured over the past week following the news of Ripple’s lawsuit conclusion.
While this ongoing performance is frustrating to some, market commentators like Dark Defender believe this skepticism is misplaced.
XRP Primed for Higher Levels in the Short Term
Dark Defender’s confidence in XRP’s further upsurge aligns with the broader bullish sentiment within the XRP community. Analysts have been eyeing much higher price targets as institutional interest builds and regulatory clarity improves.
For example, influencer Mario Nawfal recently predicted that XRP could reach $10 by the end of 2025 if Bitcoin hits $225,000. Meanwhile, analyst Ali Martinez sees XRP’s technical structure pointing to a breakout in the $11–$12 range. This outlook is fueled by a multi-year triangle formation and a bullish flag pattern.
Bigger Predictions Still on the Table
At the same time, some experts predict even higher targets. Patrick Riley has argued that XRP could deliver a 10x return from current levels, potentially reaching $30 this cycle. Carl Moon has supported similar views, while others, like Dustin Layton, expect $50 before the close of 2025.
On the extreme end, long-term advocates like Versan Aljarrah have drawn inspiration from XRP’s position in the multi-trillion-dollar financial market to call for far more aggressive price targets.
Recently, Aljarrah suggested XRP could reach $1,000 to better serve the financial market. He had previously placed the price at $10,000, despite the skepticism such an extreme prediction often draws.
While projections vary widely, the common thread among bullish analysts is that $3 is far from XRP’s ceiling. Technical indicators, on-chain metrics, and improving market sentiment all point toward the possibility of new all-time highs.
For Dark Defender and other optimistic voices, underestimating XRP’s upside potential now could be a costly mistake. However, to trader Crashius Clay, XRP is overvalued and could face a dramatic decline someday.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.