XRP will reach $2.13 before the pullback - Analysts predict a bullish Rebound

The trading price of XRP is slightly below the key $2 mark, which was a local high during the bullish cycle in 2021. With the bullish momentum, the price has been steadily climbing and seems poised to go higher. Investors and analysts are closely following the charts, looking for clear signals to confirm a breakthrough of this key resistance level.
This psychological price level is the focus followed by market participants. Successfully breaking this level may indicate the beginning of a continuous pump. Top analysts and investors, Dark Defender, have shared their views on the future of XRP and provided detailed Technical Analysis on X. According to his insights, XRP is expected to reach $2.13 in the next few days, followed by a brief pullback. Dark Defender also predicts that after this pullback, the price will further pump as XRP continues to attract bullish sentiment.
Confirming a breakthrough of $2 could pave the way for a multi-year high, while failing to break this level could lead to short-term Fluctuation. Given its historical significance and current market dynamics, the $2 mark is both an opportunity and a challenge for XRP. Now everyone is following whether the Token can reclaim this milestone and move towards a higher path.
This week, XRP surged more than 50%, with a new wave of demand continuing to drive its price to new supply levels. This bullish momentum has sparked great interest among investors and analysts, many of whom are speculating on the next move of the Token.
Top analyst and investor Dark Defender shared detailed Technical Analysis of X, focusing on the evolving market structure of XRP on the 4-hour chart. According to his insights, XRP is likely to soon reach $2.13 and then face a potential pullback.
Dark Defender's analysis also identified key resistance levels within a 4-hour time frame. It is worth noting that the resistance levels at $4.11 and $6.42 align with his secondary price target of $5.85, followed by a retest of the support level at $1.88. If the current uptrend continues, these levels will provide a roadmap for XRP's price movement.
As XRP approaches these key price areas, the next few weeks will be crucial in determining its direction. While bullish sentiment is dominant, the possibility of a correction or consolidation still exists. A decisive breakout above $2.13 could open the door to new highs, but failure to hold key levels could trigger short-term fluctuations.
Currently, XRP's outstanding performance and emerging demand have made it one of the most followed assets in the cryptocurrency market. XRP's current stock price is $1.88, and it has been performing well since November 5th, with a staggering increase of up to 285% in less than 30 days. The price recently touched the key level of $1.95, after which it entered a period of consolidation, showing strong momentum and the potential to break through the key $2 mark. This consolidation indicates that XRP is accumulating the necessary fuel for a potential breakthrough.
In the strong market sentiment and the rising demand supported, PA remains firmly bullish. Analysts are closely following the top of the cycle at $1.97, as a breakthrough of this level may herald the start of a new pump. Confirming the breakthrough of $1.97 will not only strengthen the bullish structure but may also propel XRP to unprecedented highs, consistent with the forecast of parabolic Rebound.
However, the consolidation near these levels suggests that XRP is facing temporary resistance. Market participants are currently following key support areas to ensure the current bullish momentum remains intact. If upward pressure persists, XRP's next target could quickly surpass historical levels, solidifying its position as one of the leading assets in the cryptocurrency field. Currently, as XRP approaches the $2 threshold, it remains the focus of traders and investors.
(Data Source: Sebastian Villafuerte)