$XRP Will Reach $2.13 Before Correction: Analyst Predicts Price Surge

XRP is trading just below the important $2 mark, a level that played a role as a local peak in the 2021 price increase cycle. The price has been steadily rising, driven by the momentum of the price increase and seems ready to rise even higher. Investors and analysts closely monitor the chart to find clear signals confirming the breakthrough above this important resistance threshold. This psychological price level is a highlight for market participants, with a successful breakout likely to mark the beginning of a sustainable price increase. Leading analyst and investor Dark Defender has considered the prospects of XRP, sharing a detailed technical analysis of X. According to his understanding, XRP is expected to reach $2.13 in the coming days before undergoing a short correction. Dark Defender also predicts that the price will rise further after this pullback as XRP continues to attract optimistic sentiment. A breakthrough confirmed above $2 could open the door to new highs for many years, while failure to surpass this level could lead to short-term volatility. Given the historical significance and current market momentum, the $2 mark is both an opportunity and a challenge for XRP. All eyes are now focused on whether the token can reclaim this milestone and chart a higher path or not. XRP Attracts New Demand XRP is up more than 50% this week, thanks to a new wave of demand that continues to push prices to new levels of supply. The bullish momentum has aroused considerable interest among investors and analysts, with many speculating on the token's next move Leading analyst and investor Dark Defender has shared a detailed technical analysis of X, highlighting the evolving market structure of XRP on the 4-hour chart. According to his understanding, XRP has the potential to touch $2.13 soon before facing the possibility of a correction.

Dark Defender's analysis also identifies key resistance levels on the 4-hour timeframe. Notably, the resistance levels at $4.11 and $6.42 align with his secondary price target of $5.85, followed by a retest of support at $1.88. These levels suggest a roadmap for XRP's price action if the current rally continues. When XRP approaches these important price areas, the coming weeks will play a crucial role in determining its trajectory. While the bullish sentiment prevails, there is still a possibility of correction or consolidation. A decisive break above $2.13 could open the door to new highs, but failing to hold key levels could lead to short-term volatility. Currently, the impressive performance of XRP and the emerging demand make it one of the most closely watched assets in the cryptocurrency market. Reached Highest Level In Many Years XRP is currently trading at $1.88 after an impressive surge since November 5, marking a staggering 285% increase in less than 30 days. The price recently reached $1.95, a significant level, and has since entered a consolidation phase as it gathers momentum to surpass the important $2 mark. This consolidation indicates that XRP is building the necessary fuel for a potential breakthrough.

Price action still determines the upside, supported by strong market sentiment and increased demand. Analysts are closely watching the top of the cycle at $1.97, as a break above this level could signal the beginning of a new bull run. A confirmed breakout above $1.97 would not only strengthen the bullish structure, but could also push XRP to unprecedented highs, in line with the prediction of a parabolic rally. However, the consolidation near these levels indicates that XRP is facing temporary resistance. Market participants are currently keeping an eye on key support areas to ensure the current price trend remains intact. If the upward pressure continues, XRP's next targets could quickly surpass historical levels, solidifying its position as one of the leading assets in the cryptocurrency space. Currently, XRP remains the focus of traders and investors as it approaches the $2 mark.