XRP Price Set for Historic Rally as Dark Defender Sees Jumping Pattern Repeating

Crypto analyst Dark Defender has been tracking XRP's price movements and believes it is on the verge of another significant rally. According to him, XRP is repeating a pattern that preceded two of its most notable price increases in 2014 and 2017.

The pattern, known as the Exponential Moving Average 'Jumping Pattern', involves XRP's price compressing near key moving averages before a significant increase follows. This has happened twice before: once in 2014 and again in 2017. In both cases, XRP's price surged by over 500%.

The current structure of the market is mirroring those setups. Dark Defender notes that whether or not the CLARITY Act passes, which would establish a regulatory framework for digital assets including XRP, XRP is ready to move up.