- XRP token is set to witness a significant surge in prices as per analyst.
- Dark Defender compared the current market movement to the 2017 rally.
- The analyst also said that XRP investors will soon witness a God Candle.
Dark Defender, an XRP bull and a technical analyst on social media platform X (formerly Twitter), has predicted a bullish scenario for the cryptocurrency, stating that the prices for the XRP token will soon explode.
As per the post shared by Dark Defender, the current market trajectory is synonymous with the 2017 movement which was a time of “significant shifts” in the digital asset sphere. During that time, XRP went from below $0.005 to more than $3, making an all-time high of $3.84 in January 2018.
In the tweet, the analyst stated:
“This moment is not just a coincidence, it’s a Deja Vu. A Deja Vu that takes us back to 2017, a time of significant shifts in the cryptocurrency market.”
Dark Defender stated that despite the current sideways movement of the XRP price action, “the targets and the support Fibonacci points are still the same” while highlighting his predictions in a chart.
“We know that Timing is Everything, and the God Candle is getting closer one minute at a time,” Dark Defender said.
The analyst also called for a God Candle, stating that it is the only thing missing from the XRP price trajectory.
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