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: Bitcoin Price Slips Below $108,000: Peter Schiff Anticipates ‘Brutal’ Bear Market, CZ Responds
  • 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: Bitcoin Price Slips Below $108,000: Peter Schiff Anticipates ‘Brutal’ Bear Market, CZ Responds

XRP Bulls Roar: Analyst Foresees Explosive Surge With ‘God Candle’ On The Horizon

Samuel Edyme
Samuel Edyme
1 year ago
3 mins read
Ethereum Bullish Turn

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.

XRP investors are eyeing a potential price surge, and one analyst forecasts an optimistic outlook for the cryptocurrency.

Dark Defender, a prominent figure in the XRP community, has drawn parallels between the current market movement and the 2017 historic rally.

According to Dark Defender, this resemblance suggests a significant upward trajectory for XRP, potentially culminating in what he refers to as a “God Candle.”

Related Reading

Ripple (XRP)

XRP Price Recovery Could Soon Fade, These Are Key Levels To Watch

4 months ago

Market Analysis And Forecast: A Closer Look At XRP’s Future

Dark Defender’s analysis centers around the observation that the current market dynamics echo the 2017 cryptocurrency boom, characterized by substantial shifts in digital asset valuations.

During this time, XRP experienced a notable ascent from mere fractions of a cent to over $3, reaching an all-time high in January 2018.

Drawing from this historical context, Dark Defender suggests that XRP’s current sideways movement may indicate an impending surge, highlighting consistent Fibonacci points as evidence of potential price targets.

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.

We had one of the most extended sideways but the targets and the support Fibonacci points are still the same.

I have added the… pic.twitter.com/rnWanciV1i

— Dark Defender (@DefendDark) April 17, 2024

While recent market activity has seen XRP’s value decline by approximately 22% over the past week, with prices dipping from last Thursday’s $0.60 to as low as $0.44 during the weekend, there are signs of resilience within the altcoin.

In the early hours of today, XRP exhibited a modest uptick, posting a marginal increase of around 1.2% and reaching a 24-hour high of $0.50. However, at the time of writing, the altcoin has retraced back down by 0.4% with a current market price of $0.49.

XRP price chart on TradingView
XRP price is moving sideways on the 4-hour chart. Source: XRP/USDT on TradingView.com

XRP Market Sentiment

Amidst this fluctuation, XRP whales have demonstrated a bearish sentiment. Particularly, Whale Alerts, a whale transaction tracker, has recently shared significant transactions on social media platform X, highlighting the movement of large volumes of tokens.

One notable transaction involved the transfer of 158 million tokens valued at $77 million from a private wallet to the Binance crypto exchange. This sizable transfer raised concerns among investors anticipating a shift from a bearish trend to a bullish surge.

Additionally, another transaction involved the transfer of 28.9 million XRP, equivalent to $14.2 million, to Bitstamp. Despite the prevailing bearish sentiment, cryptocurrency analyst Javon Marks, similar to Darkdefender, has revealed his optimistic outlook on the altcoin.

Related Reading

XRP Price

XRP Price Set For 3,000% Rally To $22, Analyst Predicts

1 year ago

Marks, previously recognized for his bullish stance on the altcoin, recently adjusted his predictions, envisioning a 400x surge in XRP’s price. His forecast projects the altcoin to soar to roughly $288.

With a Full Logarithmic Follow through, prices of $XRP (Ripple) may be more than poised for $200+.

Prices of Ripple went on an over +108,000% run in the 2017-2018 run and has since setup and broke out of its largest resisting structure EVER!

A mind-boggling, +33,030% run from… https://t.co/RWklG3ALh0 pic.twitter.com/r1Jie98X9s

— JAVON⚡️MARKS (@JavonTM1) April 5, 2024

Featured image from Unsplash, Chart from TradingView

Tweet123Share196ShareSend
Samuel Edyme
Samuel Edyme

Samuel Edyme

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

Crypto

October 10th Crypto Crash: Expert Foresees New Wave Of Lawsuits Against ‘Manipulators’

On October 10, the crypto market experienced its largest liquidation event in history, prompting experts like MartyParty to predict a...

Ronaldo Marquez 5 hours ago
XRP Price Slips Again

XRP Price Slips Again, Bears Tighten Grip As Momentum Turns Negative

XRP price started a fresh decline below $2.50. The price is now showing bearish signs and might extend losses below...

Aayush Jindal 5 hours ago
ripple_xrp_xrpusd_optimized

XRP Faces Sharp Decline Amid Liquidations, But Pundits Say “This Week Changes Everything”

XRP is facing renewed pressure this week after the Oct. 10 flash crash triggered record liquidations across the crypto market....

James Halver 9 hours 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

Solana προς τα $500; Η πρόβλεψη του Grok και γιατί το Snorter Token μπορεί να είναι το επόμενο crypto που θα εκραγεί

Ιωάννης Ριζόπουλος 1 hour ago
ethereum

Ethereum Correction Over? Binance Funding Rates Signal ETH Surging To $6,800

Ash Tiwari 4 hours ago
Shiba Inu

Biggest Shiba Inu Burn In Months — And It Came From A Coinbase Account

Christian Encila 5 hours ago

Premium Sponsors

Press Releases

  • Các Meme Coin Tiềm Năng Nên Mua Khi Elon Musk Có...

    2 minutes ago
  • Potential coins

    Các Đồng Coin Tiềm Năng 1000x? Bitcoin Hyper Chuẩn...

    8 minutes ago
  • Best altcoins

    Các Altcoin Hàng Đầu Nên Mua Khi Cặp ETH/BTC Đang...

    15 minutes ago
  • ドージコイン 今後の価格予測:強気ダイバージェンスが示す新たな上昇のチャンス

    ドージコイン...

    19 hours ago
  • リップル 今後の見通し:6,300万ドルの売却が発生も、賢い投資家はすでに買い増し開始

    リップル...

    19 hours ago

Newsletter

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.