XRP Could Soar 1,200% to $18.23 Despite CLARITY Act Uncertainty
Crypto analyst Dark Defender says XRP could surge by as much as 1,200% to $18.23, even if the CLARITY Act fails in Congress.
This is based on a recent analysis of XRP's price structure, which appears to be mimicking the exponential moving-average structures seen in 2014 and 2017.
These periods were characterized by major price expansions for XRP, with the token rising significantly from lower levels.
XRP currently trades around $1.40, well below its previous all-time high, and faces technical resistance around $1.50-$1.55, while support sits near $1.35-$1.31.