Latest news with #DarkDefender
Business Mayor
24-05-2025
- Business
- Business Mayor
XRP Price Flashes Signal That Triggered 600% Rally In November 2024
Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. After mirroring Bitcoin's strong breakout over the past week, XRP recently surged to an intraday high of $2.47 before retracing to a lower daily close. Despite this, the broader outlook for XRP is bullish, with the altcoin generally moving in lockstep with Bitcoin and the wider crypto rally. According to recent analysis, a key technical signal just flashed, one that previously preceded a massive 600% rally in November 2024. Familiar Weekly RSI Signal Returns After 200 Days According to crypto analyst Dark Defender, XRP has once again produced a rare Golden Cross on its weekly RSI indicator, an event that last occurred on November 4, 2024. That signal directly preceded XRP's explosive 600% rally, and its reappearance points to the potential emergence of a similar trajectory for the crypto. Related Reading Notably, the appearance of the new RSI cross coincides with the elimination of a long-standing weekly resistance trendline after XRP broke to $2.59 on May 14. The analyst's chart clearly highlights this breakout, with a bright green trendline now breached and a bullish pin bar candlestick forming just above it, adding strength to the bullish case. Read More XRP Whales Loading Up – Data Reveals Buying Activity Source: Dark Defender on X The RSI's behavior in the 1W candlestick timeframe chart below is also particularly telling. The purple RSI line has crossed above the yellow moving average once again, exactly as it did in early November 2024. Back then, XRP flashed the cross when its price was trading around $0.5. However, the ensuing price action saw it explode by over 600% to peak at a multi-year high around $3.31 on January 12, 2025. $3.33 In Sight, But $5.85 May Be The Real Prize Considering the previous price action after the weekly RSI cross in late 2024, crypto analyst Dark Defender's outlook is based on repeating the same 600% rally or close in the coming weeks. Following this development, Dark Defender has outlined two key price targets. Related Reading The first is $3.33, close to the multi-year peak in January 2025. Should XRP break past that level, the next major target lies around $5.85, corresponding to the 261.8% Fibonacci level. The analyst refers to this upper range as the parapet, meaning that this level could be the next all-time high peak after the price rally. The Elliott Wave structure plotted on the chart outlines a five-wave impulsive move, and XRP is now about to enter wave III, the longest and most powerful wave in a bullish cycle. If this structure plays out as expected, XRP could rapidly push through $2.59, hold above $3.33, and rally toward the upper boundary of the projection range. Interestingly, none of these price targets uses a repeat of the full 600% rally . The $3.33 target is 43% away from the current price level, while $5.85 represents a 150% gain from the current price. At the time of writing, XRP is trading at $2.34. XRP trading at $2.3 on the 1D chart | Source: XRPUSDT on Featured image from Pexels, chart from
Business Mayor
06-05-2025
- Business
- Business Mayor
Crypto Analyst Calls Wave 5 To Send XRP Price Above $6
Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. With the XRP price struggling to break out of consolidation, there is still a lot left for the altcoin to do before a definite uptrend can be registered. So far, it seems that the XRP price has already made its way through multiple support levels. However, a wave count is yet to begin that could send the altcoin soaring, according to an XRP analyst. This could mean that the cryptocurrency has more upside to come, especially as the market is expected to usher in an altcoin season. 5 Wave Counts Coming For XRP Price Crypto analyst Dark Defender took to X (formerly Twitter) to expound upon where the XRP price could be headed next. This comes after a retest of the $2.22 level and the eventual rejection from this level. The result of this is a bearish retest of the support at $2.13, a level that could be the defining moment for the bears. Nevertheless, bullish expectations are still rampant and Dark Defender has revealed how this could play out for the XRP price. Related Reading As the altcoin is expected to move through five waves, the first of these waves is naturally expected to be bullish. The crypto analyst says the XRP price correction is now nearing its end and this could mean the start of this first wave. This wave, if it plays out correctly, could push the price to $2.8 in the first instance. On the next wave, the price is expected to correct sharply, triggering an almost 20% crash and pushing toward $2.3. However, with the third wave being more bullish than the first, another bounce would set XRP on a path above $4. In this instance, the XRP price would've reached a brand-new all-time high, with the expectation of beating its 2017 high of $3.8. Source: X Next is the fourth bearish wave and this would push the price back below $4 again, but not for long. Once the fifth and final wave is underway, it is expected to push the price even higher. For this wave, the crypto analyst sees the XRP price rising as high as $6.3 for the final leg-up. Related Reading Interestingly, all of this is expected to happen in the short-term, which means sometime in 2025. The shared chart shows a completion of the five waves by December 2025, giving only seven months for all of this to play out and reach above $6. However, there is still the possibility of invalidation, especially as support for the first wave is expected at $1.88. A break below this level could trigger further downside and lead to the complete breakdown of the XRP price. Bears testing levels of support | Source: XRPUSDT on Featured image from Dall.E, chart from
Business Mayor
29-04-2025
- Business
- Business Mayor
XRP Price Nears End Of Consolidation On The Weekly Chart, Here's The Next Target
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure After experiencing a period of tight price action , the XRP price has finally reached the end of its prolonged extended consolidation phase and appears ready for a major breakout . A crypto analyst recently shared a weekly chart, forecasting the altcoin's next move, which could drive it toward a new all-time high target . XRP Price Eyes Next Bullish Target Above $4.3 The XRP price is showing signs of life again after a prolonged consolidation phase that followed its decline from recent highs. On the weekly chart, the price has been trading coiling within a narrow range, hinting at an imminent move upwards. A technical analysis by crypto analyst Dark Defender on X (formerly Twitter) sheds light on the current price action and predicts how the cryptocurrency could reach a new all-time high above $4.3. According to the analyst, XRP is at the end of its consolidation and may be preparing to break free from a multi-week descending resistance trendline. Dark Defender's weekly XRP chart outlines a 'possible move' scenario in which the price dips slightly to the $1.83 level, representing a 38.20% decline from its current market value. Following this brief price retracement , the altcoin is then expected to see a sharp reversal upward. Source: Dark Defender on X Notably, the $1.83 price point aligns with a key support level, which is a critical point for trend reversals . Based on the Dark Defender's analysis, such a dip would likely be a healthy shakeout that could position XRP for its next bullish breakout. If the breakout plays out as expected, XRP could enter Wave 5 of its Elliott Wave cycle . This wave typically represents the final and most aggressive leg of a bullish trend. Following this setup, Dark Defender projects a potential target of $4.3 or higher, which would represent a 261.8% surge from the initial retracement level. With the token currently priced at $2.07, a move to $4.3 would also mark an impressive gain of approximately 107.7%. Read More XRP To Flip Bitcoin This Cycle? Analyst Points To Major Bounce Key Resistance And Support Levels To Watch In his technical analysis, Dark Defender outlined key levels to watch out for as XRP nears the completion of its consolidation and gears up for its projected breakout. The first and second resistance levels , at $2.22 and $2.75, act as critical psychological barriers. A decisive break and close above these resistance points could support the analyst's bullish outlook. The all-time high target of $4.3 also serves as a long-term resistance level. Once breached, the altcoin could potentially rise even higher, reaching new targets, as indicated by the trajectory of the green arrow on the weekly chart. Moving forward, Dark Defender has identified two support levels for XRP . The $1.88 level acts as a short-term support, while $1.60 is seen as a deeper correction zone that could mark the final low before a potential reversal. XRP trading at $2.09 on the 1D chart | Source: XRPUSDT on Featured image from Pixabay, chart from
Business Mayor
26-04-2025
- Business
- Business Mayor
XRP Price Pullback To $2 According To Plan For Historic Breakout To $10, Analyst Says
Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Crypto analyst XForce has commented on the recent XRP price pullback , claiming that this price correction is part of the plan as the altcoin eyes a historic breakout. The analyst predicts that XRP can reach double digits when this breakout happens. XRP Price Pullback Part Of Plan For Historic Breakout To $10 In an X post , XForce indicated that the recent XRP price correction is part of the plan for the historic breakout to $10. He stated that he has been calling for this exact pullback for months and remarked that the altcoin is inching closer to a historic breakout to $10 . The analyst added that progress may be gradual, but it is undeniable. Related Reading In a video on his YouTube channel, XForce further explained why he is confident that the XRP price can still reach a new all-time high (ATH) . He highlighted a WXY corrective structure, which began at the start of the year, noting that this was just part of a larger bullish structure. He remarked that this corrective structure occurred as the market looked to cool off from the rally recorded in the first phase of this bull cycle. Source: XForce on X The crypto analyst stated that the XRP price is still going to witness a Wave 3, 4, and 5 move on the macro chart. This Wave 3 impulsive move is expected to take the altcoin to the $10 target before it then pulls back on Wave 4. XForce believes that XRP could rally to as high as $40 on the Wave 5 before this bull cycle finally ends. Meanwhile, the analyst alluded to the XRP/USDT chart while indicating that the bottom is already in for the altcoin, with the WXY corrective structure in Wave 2 already done. This means that XRP is now ready for a rally to the upside, with the move to $10 likely to start anytime soon. XRP Is Closer To An 'Extreme Bull Run' In an X post, crypto analyst Dark Defender stated that the XRP price is closer to an extreme bull run in a very short time than market participants can ever imagine. He told market participants to keep an eye on $2.222 and $2.40 as the major resistance levels, while $1.8815 is the major support level. Related Reading The crypto analyst suggested that the XRP price could still drop below $2 before it records this explosive move. He stated that the altcoin is expected to have three more waves in the smaller timeframes. As such, he advised market participants to keep an eye on the $1.8815 level again. At the time of writing, the XRP price is trading at around $2.18, up in the last 24 hours, according to data from CoinMarketCap. Read More Dogecoin Price (DOGE) Bounces to $0.125: Will This Rally Sustain? XRP trading at $2.18 on the 1D chart | Source: XRPEUSDT on Featured image from Adobe Stock, chart from
Business Mayor
23-04-2025
- Business
- Business Mayor
XRP News: 3 Reasons XRP Is Gearing Up For A Parabolic Move, Ripple Rival Remittix Soars Towards $15M In ICO
New York, NY, April 22, 2025 (GLOBE NEWSWIRE) — XRP news is on everyone's radar after the token jumped 11%, rebounding from Monday's low of $1.65 to around $1.89. While a whale transfer of 200 million XRP (worth $355 million) to Binance has some watchers worried about a selloff, many analysts are still confident. Meanwhile, newer projects like Remittix (RTX) are also capturing headlines, with fans pointing to real-world payment solutions that might shine in a market driven by both hype and practical use cases. XRP's Road to a Parabolic Run XRP at almost $2 XRP is currently trading around $1.89 rising over 5% in the past 24 hours. Several analysts see strong reasons for a potential breakout, fueling fresh XRP news across social media. First, NYSE Arca's approval for Teucrium's 2X Long Daily XRP ETF confirms wider institutional interest in leveraged XRP trading. Second, crypto commentator Dark Defender calls $1.88 a key support, believing XRP may bounce if whales stay net buyers. Third, the daily chart reveals two conflicting patterns: a head-and-shoulders that could sink the price to $1.30, and a triangle setup that might break bullish. Regardless of which pattern wins, XRP news remains lively because the altcoin stands at a pivotal price zone. At the same time, not all signals are rosy. The giant whale transfer highlights lingering volatility. Market watchers also warn that if the head-and-shoulders plays out, traders might see a steep correction soon. Still, broader XRP news points to leveraged ETFs, Grayscale's positive note, and whales holding strong. Combine all that, and you have a recipe for major swings—either up or down. Remittix Soars Toward $15M While XRP news sparks chatter, a newcomer called Remittix (RTX) has quietly soared past $14.4 million in presale funds with over 527 million tokens sold. Priced at $0.0734, RTX aims to reshape cross-border payments by converting crypto to fiat in roughly 24 hours. Fans view it as a more agile version of Ripple's early ambitions—minus the multi-year legal headaches. Whether you're a freelancer in Brazil or a small shop in Europe, Remittix (RTX) intends to sidestep the typical wire-transfer delays and hefty fees. If large partnerships or payroll integrations happen, some expect a strong bull run for this altcoin, possibly eclipsing the short-term upside in some well-known projects. Such an approach highlights the growing demand for cryptos that go beyond hype. By solving everyday remittance hurdles, Remittix (RTX) could capture a slice of the multi-trillion-dollar global payments market, drawing mainstream users who want less red tape and faster settlements. As more people look for dependable coins with lasting value, Remittix's real-world utility might set it apart in a crowded field. Conclusion: Which Token Grabs the Spotlight? All the latest XRP news suggests a crucial crossroads: a possible bullish ETF listing, competing chart signals, and a major whale transaction fueling fresh optimism. If a true parabolic run emerges, $2 and beyond could arrive faster than skeptics expect. Meanwhile, Remittix steadily gains traction, proving that real-world utility can stand alongside even the loudest crypto hype. As the market evolves, 'payFi' solutions like Remittix (RTX) might capture a sizable user base, potentially outpacing major projects mired in legal or technological debates. Whether traders focus on the latest XRP developments or ride the rise of Remittix, 2025's crypto scene still holds surprises for both casual investors and seasoned veterans, ensuring that hype and practicality will continue shaping the digital asset landscape. Ready to Give Remittix a Go? Website: Socials:
