TimesTabloid
2025-07-12 11:27:56

Dark Defender Says XRP Has Not Even Started Yet. Here’s why

Crypto analyst Dark Defender has released a technical update on XRP’s market structure, drawing attention to current price and momentum indicators that mirror conditions preceding a major surge in November. The analysis, shared via a tweet accompanied by a chart, emphasized that XRP’s current Relative Strength Index (RSI) levels align closely with those seen just before a notable rally late last year. According to the chart, XRP has successfully eliminated a significant weekly resistance trendline that had previously constrained price movement. This downward sloping resistance, illustrated in orange, has been broken, potentially clearing the way for a bullish continuation The strength is currently at the same level as it was in November. XRP has not even started yet. Exciting. Watch. pic.twitter.com/eSm8EG4ujq — Dark Defender (@DefendDark) July 10, 2025 Dark Defender’s visual analysis marks the resistance as invalidated, suggesting that the price is no longer hindered by this overhead supply zone. The chart also includes Fibonacci retracement levels measured from a previous move, with the 38.2%, 50%, and 61.8% retracement levels shown at $1.95, $2.07, and $2.19, respectively. The target price projection labeled on the chart sits at $2.46, reflecting an 85.4% potential move from the identified breakout point. A longer-term Fibonacci extension level of 161.8% is shown near $3.61, suggesting that this level could represent a more distant technical objective should upward momentum sustain. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Momentum Indicators Reinforce the Setup The RSI indicator on the weekly time frame is a key feature of Dark Defender’s analysis. The RSI strength line, plotted below the candlestick chart, currently sits at a level nearly identical to where it was in early November 2024. At that time, XRP experienced a substantial rally, and the similarity in relative strength levels now suggests to the analyst that the asset may be in the early stages of a comparable upward move. Dark Defender draws this comparison explicitly, marking both November and the current RSI levels with blue dots connected by a curved green line. The annotation on the chart states, “RSI strength levels are the same as November,” highlighting what the analyst views as a critical similarity in market conditions. The tweet accompanying the chart further supports this view, reading: “The strength is currently at the same level as it was in November. XRP has not even started yet. Exciting. Watch.” This comment suggests a belief that the asset’s current consolidation is merely a prelude to a broader breakout, pending confirmation through price action. Technical Targets and Market Outlook In terms of technical targets, the chart suggests that $2.07 is a key Fibonacci pivot, with additional levels at $2.19 and $2.46 forming part of the bullish structure. The longer-term extension to $3.61 remains speculative but is noted as a potential upper boundary should market conditions strongly favor XRP in the weeks or months ahead. Dark Defender’s analysis aligns with broader bullish sentiment among some technical traders in the XRP community, particularly those monitoring momentum indicators and historical fractals. With XRP currently positioned just above the eliminated resistance line, further weekly closes above this level may be interpreted as confirming the trend reversal indicated in the analysis. Whether or not the conditions outlined by Dark Defender lead to the anticipated move remains to be seen, but the chart-based evidence points to a renewed phase of technical interest in the asset. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Dark Defender Says XRP Has Not Even Started Yet. Here’s why appeared first on Times Tabloid .

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