XRP, a crypto that has faced regulatory challenges, is back in the spotlight with analyst Dark Defender predicting a potential price surge by mid-2024. Defender’s analysis hinges on a confluence of factors, including technical indicators, anticipated regulatory changes, and broader market trends.
Technical Breakout Aligns With Regulatory Shift
Utilizing Fibonacci Time Zones and Elliott Wave Theory, Defender forecasts a significant price increase for XRP before July. This technical prediction coincides with potential regulatory developments that could reshape the cryptocurrency landscape.
1. The House of Representatives passed landmark #crypto legislation yesterday, the #FIT21 Bill.
2. ETFs are loading…
3. #RLUSD was born
4. The lawsuit decision is Soon.
Meanwhile;
In accordance with our Elliott Waves, Fibonacci Time Zones says we must commence the… pic.twitter.com/yQFk8NxWIW
— Dark Defender (@DefendDark) May 23, 2024
The recent passage of the FIT21 Bill by the US H
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