NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Crypto Analyst Predicts Multiple God Candles For XRP, How High Can It Go?

Scott Matherson
Scott Matherson
10 months ago
3 mins read
XRP

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

A crypto analyst remains highly optimistic about  XRP Ledger’s native token, XRP, predicting the appearance of multiple God candles that could potentially propel the cryptocurrency into a strong bullish rally. 

Breaking Resistance Could Trigger God Candles

In an X (formerly Twitter) post on June 14, a crypto analyst identified as ‘Dark Defender’ provided a detailed interpretation of technical indicators and resistance levels that could signal a bullish uptrend for XRP. The analyst revealed that XRP has experienced a highly bullish reversal for the Fisher Indicator on the weekly chart.

Related Reading

Ethereum

Crypto Analyst Says Ethereum Price Is Headed To $4,000, Here’s Why

11 months ago

The Fisher Indicator is a versatile technical tool used to pinpoint trend reversals and highlight when prices have moved to the extreme. Based on this technical indicator, Dark Defender has revealed that the altcoin has broken through an initial price resistance at $0.04623, indicating strength and momentum in the cryptocurrency’s price movement. 

Sharing a price chart depicting XRP’s movements, the crypto analyst unveiled that the altcoin’s price is currently testing the interim Fibonacci levels at $0.5286. He expressed bullish optimism about XRP closing above the week’s candle around the $0.53 price mark. 

XRP
Source: X

Dark Defender also highlighted the next significant resistance level for XRP’s price. The analyst expects XRP to test secondary mid-level resistance points at $0.6044, as breaking this level would be a positive signal for a higher upward momentum for XRP. 

Interestingly, Dark Defender expects XRP to trigger God candles if it successfully breaks all the aforementioned resistance levels. He highlighted another key support level at $0.6649, labeling it the master fundamental level. The crypto analyst disclosed that it was crucial to not underestimate this level, signaling the potential for strong bullish surge in XRP if it surpasses this key threshold. 

The analyst has predicted multiple God candles that indicate sharp price increases for XRP, possibly opening up a path to “Heaven’s Stairway.”

Update On XRP Price Analysis

Amidst recent legal challenges with the United States Securities and Exchange Commission (SEC) and broader market downtrend, XRP has been displaying strong bullish signals and healthy price fundamentals. At some point this year, the cryptocurrency plummeted below the $0.5 price mark, experiencing unexpected price declines. 

Related Reading

Ethereum

Ethereum Bulls Gear Up For Recovery – Can Spot ETFs Push Price To New Highs?

11 months ago

However, recently, the altcoin has been on a roll, recording multiple bullish surges that have pushed its price to its current value of $0.538. According to data from CoinMarketCap, XRP has soared by almost 30% over the past week and risen by another 1.41% in the last 24 hours. 

The cryptocurrency has been performing relatively well despite market volatility. Its recent gains have also positioned it at a critical point where its price could potentially surge above the $0.6 threshold. Additionally, with the Ripple vs. SEC legal battle nearing conclusion and a settlement on the horizon, XRP is poised to overcome bearish sentiment fueled by regulatory concerns. 

XRP price chart from Tradingview.com
Token price makes its way toward $0.6 | Source: XRPUSDT on Tradingview.com
Featured image created with Dall.E, chart from Tradingview.com
Tweet123Share196ShareSend
Scott Matherson
Scott Matherson

Scott Matherson

Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers.

Read more

Scott’s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott’s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life.

With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others.

Scott’s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott’s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry.

Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors.
In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else.

Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies.

Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Ethereum

Ethereum Whales Feast While Retail Flees—ETH Ocean Just Got Hungrier

In the past month, big Ethereum wallets have been quietly piling on more Ether while small investors pull their profits....

Christian Encila 11 hours ago
XRP Price Tries to Bounce Back

XRP Price Tries to Bounce Back—But Hurdles May Delay the Comeback

XRP price started a fresh decline and tested the $2.080 zone. The price is now recovering and might aim for...

Aayush Jindal 17 hours ago
Bitcoin

Amid Bitcoin Hype, Seasoned Trader Predicts Sudden Drop To This Level

Bitcoin is at a crossroads again. Prices have been bouncing between $61,000 and $104,000 for about seven months. That range...

Christian Encila 1 day ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin

Bitcoin Gold Rush 2.0? Treasuries Swell With 60 New Players

Christian Encila 37 minutes ago
Ripple nieuws: Volgt een reversal voor de XRP koers na 1,76% stijging?

Ripple nieuws: Volgt een reversal voor de XRP koers na 1,76% stijging?

Lars Diederiksen 9 hours ago
XRP price news

Still Sleeping On XRP? Analyst Says $8 Breakout Is ‘Just Waiting’

Jake Simmons 9 hours ago

Premium Sponsors

Top Brands

Press Releases

  • Wietnam zalegalizował kryptowaluty, a Saylor doradza Pakistanowi w sprawach blockchain: Najlepsze altcoiny do inwestowania

    Wietnam zalegalizował kryptowaluty, a Saylor doradza...

    57 minutes ago
  • Bitcoin Price Euro Price Surge and the new “Cloud Mining...

    4 hours ago
  • 仮想通貨プレセール注目プロジェクト|ビットコイン連動の新トークンが脚光を浴びる

    ...

    6 hours ago
  • 仮想通貨おすすめ|話題のレイヤー2プロジェクト、5,300万ドル調達でプリセール最終段階へ

    ...

    6 hours ago
  • 新しい仮想通貨が急成長中のプレセールで100万ドル突破|今買うべき注目の格安トークンか?

    ...

    6 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.