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Crypto

Dark Defender Sees XRP Price Target of $750-$1,000

Guavy AI Editorial Team
Instruments
XRP
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Crypto analyst Dark Defender has identified a massive long-term Cup-and-Handle pattern on XRP's monthly chart, which is now moving towards a major breakout zone. This pattern has formed over several years, stretching from around 2017 to 2026.

The cup formed through XRP's major 2017 rally, the following multi-year decline, and its long recovery. The handle formed after the 2021 peak, when XRP entered a long consolidation before starting its latest recovery.

Dark Defender believes this long-term structure has now completed, calling it the 'biggest Cup & Handle ever' for XRP. He sees a potential XRP price target of $750-$1,000 based on the setup and larger Fibonacci targets.

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