Analyst Dark Defender sees XRP breaking an 8-year consolidation, targeting a massive rally. Is this the Phoenix's flight?

Hold onto your hats, crypto enthusiasts! XRP is making waves, and the buzz is all about a potential historic rally. An analyst is calling for a major breakout, and here's what's fueling the excitement.
Analyst Eyes a Massive XRP Rally
Crypto analyst Dark Defender believes XRP has entered a new phase after breaking free from an eight-year consolidation. Comparing it to XRP's 2017 surge after escaping a four-year pattern, Dark Defender suggests this setup is even bigger.
The analyst's chart reveals a giant “cup” pattern formed over almost a decade. XRP has pierced through the top resistance of this structure, signaling a new chapter. “The flight of the Phoenix begins,” Dark Defender declared.
What's Fueling the Optimism?
The breakout is convincing because of the retest. XRP didn’t just break resistance; it tested the same level, held firm, and bounced. This suggests strong support and potential for further gains.
How High Could XRP Fly?
Dark Defender's chart points to potential future price targets for XRP, suggesting around $5.85, then $18.22, and even as high as $36.76 in the long run. These are long-term goals, but if XRP follows its past trend, the next rally could be stronger than expected.
Eyes on October 2025
Big investors are buying more XRP, with $14.7 million flowing into XRP funds last week, bringing total inflows for 2025 to over $1.4 billion. The focus is on October 2025, when the SEC will decide on new XRP ETFs. Many firms have applied, and chances of approval look high, potentially driving more buying.
A Word on the Market
While XRP is gaining traction, other tokens are also vying for attention. BNB is showing stability, and Remittix (RTX) is gaining notice for its utility-focused approach and strong presale performance. It's a dynamic market, and traders are watching closely.
Final Thoughts: Is XRP Ready to Soar?
The analyst's prediction, coupled with increasing investor interest and potential ETF approvals, paints a bullish picture for XRP. While nothing is guaranteed in the crypto world, the stars seem to be aligning for a potential rally.
So, buckle up, crypto cowboys and cowgirls! It might be a wild ride for XRP. Just remember, always do your own research and never invest more than you can afford to lose. Now, if you'll excuse me, I'm off to check my XRP holdings... just in case that Phoenix really does take flight!