Opinion: Despite the fall in XRP price, analyst Dark Defender remains optimistic about its future

According to CryptoPotato, despite the roller coaster-like fluctuations in Ripple (XRP) price since the beginning of this year, renowned analyst Dark Defender remains optimistic about XRP. He believes that the price of this major asset could still break through $1. Dark Defender's optimistic analysis is based on key technical indicators such as RSI and Elliot Waves, as well as historical data.

He further divided the price into different segments, predicting prices at $0.97 and $1.5. Another well-known analyst EGRAG CRYPTO also expressed a similar view on XRP's future, predicting that XRP may break through $0.75 or fall below $0.44 in the coming months. However, Dark Defender does not believe that the asset's price will fall below $0.50.The two important events affecting XRP's price and future are Bitcoin halving scheduled for late April and the outcome of Ripple vs SEC case which if lost could have significant implications for regulations across entire crypto industry.