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12 May 2026, 07:55

Indian Rupee Slumps to Record Low as Crude Oil Rally Adds Pressure

BitcoinWorld Indian Rupee Slumps to Record Low as Crude Oil Rally Adds Pressure The Indian rupee weakened to a fresh all-time low against the US dollar on Tuesday, breaching the 83.80 mark in early trading, as sustained strength in global crude oil prices and a robust US dollar weighed on the domestic currency. The currency’s slide marks a continuation of the depreciation trend seen over recent months, driven by a combination of external headwinds and domestic macroeconomic pressures. What’s Driving the Rupee’s Decline? The primary catalyst for the latest leg of weakness is the sustained rally in crude oil prices. India, the world’s third-largest oil importer, is acutely sensitive to rising energy costs. Brent crude futures have climbed above $90 per barrel, stoking concerns about a widening trade deficit and higher import inflation. A higher oil import bill directly increases demand for US dollars, putting downward pressure on the rupee. Adding to the pressure, the US dollar index (DXY) has remained elevated near multi-month highs, supported by hawkish signals from the Federal Reserve and resilient US economic data. A stronger dollar makes emerging market currencies like the rupee less attractive to foreign investors. Foreign portfolio outflows from Indian equity and debt markets have also accelerated this quarter. According to exchange data, foreign investors have pulled out over $3 billion from Indian markets since the start of April, further straining the rupee’s balance of payments position. RBI Intervention and Market Expectations The Reserve Bank of India (RBI) is widely believed to have intervened through state-run banks to prevent a sharper fall. Traders reported dollar-selling by public sector banks at key support levels, a typical pattern of central bank intervention aimed at curbing volatility. However, the RBI’s ability to defend a specific level is limited by the scale of global capital flows and the pace of dollar demand. Market participants expect the rupee to trade in a wide range in the coming sessions, with the next psychological support level seen at 84.00 against the dollar. A sustained breach above that level could trigger further depreciation, analysts warn. Impact on Consumers and Businesses The rupee’s depreciation has tangible effects on the broader economy. Import-dependent sectors such as electronics, machinery, and chemicals face higher input costs, which could squeeze profit margins. For consumers, a weaker rupee translates into more expensive imported goods, including smartphones, laptops, and medical equipment. Fuel prices, while partially shielded by government taxation, remain vulnerable to further increases if crude stays elevated. On the positive side, export-oriented sectors such as IT services, pharmaceuticals, and textiles stand to benefit from a weaker rupee, as their earnings in dollars become more valuable when converted to rupees. However, the net impact on the economy is generally negative, given India’s large import bill. Conclusion The Indian rupee’s slide to a fresh all-time low underscores the vulnerability of emerging market currencies to global commodity price shocks and US dollar strength. While the RBI’s intervention may slow the pace of depreciation, structural factors — including the country’s dependence on oil imports and persistent foreign outflows — suggest the pressure is unlikely to ease quickly. Investors and businesses should brace for continued volatility in the currency markets in the near term. FAQs Q1: Why does the Indian rupee fall when crude oil prices rise? India imports over 85% of its crude oil requirements. When global oil prices increase, India needs to buy more US dollars to pay for the same volume of oil. This higher demand for dollars pushes the rupee down. Q2: Can the RBI prevent the rupee from falling further? The RBI can intervene by selling dollars from its reserves to support the rupee, but this has limits. If global pressures are strong and sustained, the RBI can only manage the pace of depreciation, not prevent it entirely. Q3: How does a weaker rupee affect the common person? A weaker rupee makes imported goods more expensive, including electronics, machinery, and fuel. It can also increase inflation if companies pass on higher costs to consumers. However, it can benefit workers sending remittances from abroad, as they get more rupees for their dollars. This post Indian Rupee Slumps to Record Low as Crude Oil Rally Adds Pressure first appeared on BitcoinWorld .

12 May 2026, 07:51

Celestia price prediction 2026-2032: Will TIA lead the altcoin rally in 2026?

Key Takeaways : The Celestia price prediction for 2026 suggests a maximum price of $1.5. By 2029, TIA could attain a maximum price of $4.48. In 2032, the TIA price forecast expects a maximum price of $7.53. Celestia generated significant interest before its October 2023 launch. This was largely due to the strong backing from major crypto exchanges from the outset and the intriguing technical concepts behind the Celestia modular blockchain network. In this article, we’ll provide a Celestia price prediction, analyze the factors driving these projections, and explore what the Celestia modular blockchain network brings to the broader crypto landscape. Overview Cryptocurrency Celestia Token TIA Price $0.455 (+3%) Market cap $289 million Trading volume (24-hour) $26 Million Circulating supply 889 Million TIA All-time high $20.91; Feb 10, 2024 All-time low $0.3166; Oct 11, 2025 24-hour high $0.375 24-hour low $0.34 TIA price prediction: Technical analysis Metric Value Current Price $0.455 Price Prediction $ 0.3366 (-25.27%) Fear & Greed Index 48 (Neutral) Sentiment Neutral Volatility 9.91% (High) Green Days 15/30 (50%) 50-Day SMA $ 0.3412 200-Day SMA $ 0.4927 14-Day RSI 73.57 (Overbought) TIA price analysis: TIA price faces bullish pressure toward $0.46 TIA price analysis shows bullish pressure toward $0.46 Resistance for TIA is present at $0.4656 Support for TIA/USD is present at $0.4411 The TIA price analysis for May 12 confirms that TIA is witnessing bullish volatility toward the $0.46 level. Currently, buyers are controlling the price chart as they push the price toward resistance channels. TIA price analysis 1-day chart: TIA price faces buying pressure toward $0.46 Analyzing the daily Celestia price chart, TIA price is facing rising buying momentum as buyers pushed the price above $0.45 level. The recent buying pressure triggered strong liquidation among sellers today. The 24-hour volume surged to $7.9 million, showing a slight increase in trading activity today. TIA is trading at $0.46, surging by over 3% in the last 24 hours. TIA/USD chart. Image source: TradingView The RSI-14 trend line has surged from its previous level and hovers around overbought 72-level, showing that buyers are controlling the momentum. The SMA-14 level suggests lower volatility for the next few hours. TIA/USD 4-hour price chart: Bears aim for a hold below moving averages The 4-hour TIA price chart suggests TIA continues to experience bullish volatility around $0.45, creating a positive sentiment on the price chart. Currently, bears aim for a strong domination as the price prepares for a hold below EMA lines. TIA/USD chart. Image source: TradingView The BoP indicator is bullish at 0.53, suggesting that sellers are trying to build pressure near support levels and boost downward correction. However, the MACD trend line has formed red candles below the signal line, and the indicator aims for negative momentum, strengthening selling positions. Celestia price prediction: Levels and action Daily simple moving average (SMA) Period Value Action SMA 3 $ 0.4461 BUY SMA 5 $ 0.4229 BUY SMA 10 $ 0.3889 BUY SMA 21 $ 0.3740 BUY SMA 50 $ 0.3412 BUY SMA 100 $ 0.3387 BUY SMA 200 $ 0.4927 SELL Daily exponential moving average (EMA) Period Value Action EMA 3 $ 0.4406 BUY EMA 5 $ 0.4260 BUY EMA 10 $ 0.4030 BUY EMA 21 $ 0.3805 BUY EMA 50 $ 0.3608 BUY EMA 100 $ 0.3953 BUY EMA 200 $ 0.6239 SELL What to expect from TIA price analysis next? The hourly price chart confirms that bears are making efforts to prevent TIA prices from an immediate surge. However, if the TIA price successfully breaks above $0.4656, it may surge higher and touch the resistance at $0.4802. TIA/USD chart. Image source: TradingView If bulls cannot initiate a surge, the TIA price may drop below the immediate support line at $0.4411, resulting in a correction to $0.4270. Is TIA a good investment? Celestia and modular rollups enhance Ethereum ‘s performance and expansion, impacting the competition among L1 public chains. Public chains like BNB Chain and Celo opt to integrate with Ethereum as L2 Rollups due to liquidity and cost advantages. Celestia’s scalability and user-friendly design make it an appealing choice for developers, offering additional scalability to the blockchain ecosystem. Why is the TIA price up today? TIA’s price is attempting to hold above $0.455 as buyers gain confidence, resulting in an upward push. Will the TIA price reach $100? Depending on the current market sentiment and buying demand, we might see TIA’s price touching the $100 milestone in the coming years. According to our prediction, the TIA price might hit the $100 mark in 2030. Will the TIA price reach $1,000? If the altcoin market remains robust in the coming years and Celestia develops more user-friendly utilities, its price might surpass $1K. Is TIA a good long-term investment? Yes, TIA is a good long-term investment option. As buyers’ interest grows and the network expands, we might see profitable returns. It is advised to do your own research and conduct investment advice before investing in the volatile crypto market. Recent news/opinions on TIA On April 1, Celestia released 175.6M TIA (~$52.6M, 17.2% supply). With early investors holding very low-cost tokens, strong selling pressure is likely. Celestia price prediction May 2026 The crypto market has been surging over the last few weeks, with BTC price aiming for $90K now. In May, we expect the TIA price to record a minimum of $0.35 and a maximum of $0.5, with an average of $0.44 in May. Celestia Price Prediction Potential Low Potential Average Potential High Celestia Price Prediction May 2026 $0.35 $0.44 $0.5 Celestia price prediction 2026 Considering the current adoption of the crypto market and strong institutional interest, Celestia network might experience a growing adoption of modular blockchain technology. Hence, the outlook appears positive for the year ahead. Based on a deep technical analysis of past TIA price data, the price of Celestia is predicted to reach a minimum level of $0.2, a potential maximum of $1.5, and an average trading price of $1.3 in 2026. Celestia Price Prediction Potential Low Potential Average Potential High Celestia Price Prediction 2026 0.2 1.3 1.5 Celestia price prediction 2027-2032 Year Minimum Price ($) Average Price ($) Maximum Price ($) 2027 1.8 2.54 2.59 2028 2.96 3.33 3.57 2029 3.87 4.46 4.48 2030 3.98 4.99 5.2 2031 4.77 5.2 5.48 2032 6.78 7.41 7.53 Celestia price prediction for 2027 According to price forecast and technical analysis, Celestia’s price is forecasted to range from a minimum of $1.8 to a maximum of $2.59 in 2027, with an average trading price of $2.54. Celestia price prediction 2028 Based on deep technical analysis, the price of Celestia in 2028 is forecasted to range from a minimum of $2.96 to a maximum of $3.57, with an average trading value of $3.33. Celestia price prediction 2029 The price of Celestia is forecasted to reach a minimum level of $3.87 in 2029. Additionally, the TIA price could reach a maximum level of $4.48, with an average forecast price of $4.46. Celestia price prediction 2030 In 2030, the price of Celestia is predicted to range from a minimum of $3.98 to a maximum of $5.2, with an average trading price of $4.99. Celestia (TIA) price prediction 2031 According to the forecast and technical analysis, the price of Celestia in 2031 is expected to range from a minimum of $4.77 to a maximum of $5.48, with an average value of $5.20. Celestia price prediction 2032 In 2032, the price of Celestia is predicted to range from a minimum of $6.78 to a maximum of $7.53, with an average trading price of $7.41. TIA price predictions 2026-2032 Celestia price prediction: Analysts’ TIA price forecast Firm Name 2026 2027 Coincodex $1.68 $1.38 DigitalCoinPrice $1.06 $1.5 Cryptopolitan’s Celestia (TIA) price prediction Based on recent market fluctuations and community hype, our analysis of TIA’s upcoming price targets is bullish. Based on a deep technical analysis of past TIA price data, the price of Celestia is predicted to reach a minimum level of $0.2, a potential maximum of $1.5, and an average trading price of $1.3 in 2026. Celestia (TIA) historic price sentiment Celestia price history Token entered the market on October 31, 2023, at $2.10. Entered the bullish phase on November 10 and peaked at $7.38 on November 18. The price declined due to Binance’s fine news, hitting $5.30 by November 27. Reached an all-time high of $15.14 on December 24. Closed the year at $11.86. Dropped to $16.23 on March 11, 2024. Over the last few weeks in May, the price has declined below $10. However, due to Bitcoin’s robust comeback, TIA’s price recently regained the $10 mark. TIA price declined steeply following Bitcoin’s decline toward $50K in June and recent days of July. This plunged the TIA price below $5. In recent weeks of August, the price of TIA has been declining heavily, dropping below $4.2. In September and October, the price of TIA witnessed massive fluctuation as it hovered between $3.5 and $6.8. In November, the price of TIA faced increasing buying demand as its price got pushed toward $9. In December, the price of TIA declined heavily as it closed 2024 below $5. In January of 2025, TIA price dropped further as it recorded a low near $3.8. In February, TIA crashed further and reached a low at around $2.3. In March, the price of TIA again faced a correction and dropped toward $2.8; however, it later recovered. By the end of April, the price of TIA surged toward $3. In May, TIA surged toward $3.4 but failed to maintain momentum. As a result, the price dropped toward $2 in early June. By the end of June, TIA price declined toward $1.3. In July, the price of TIA surged toward $2.3 but declined later toward $1.6 in early August. By the end of August, TIA price declined below $1.5. In September’s end, the price of TIA continued to consolidate below $1.5. In September, the price of TIA dropped significantly and touched a low below $1 in early November. By the end of November, TIA dropped toward $0.6. TIA price ended December 2025 at $0.45. However, its price made a surge toward $0.6 in early January of 2026. In February, the price of TIA dropped heavily and touched a low around $0.3. By the end of March, TIA hovered around $0.3. In April, TIA price surged toward $0.43.

12 May 2026, 07:35

GBP/USD Technical Outlook: 61.8% Fibonacci Retracement at 1.3600 Caps Upside

BitcoinWorld GBP/USD Technical Outlook: 61.8% Fibonacci Retracement at 1.3600 Caps Upside The British pound’s recent recovery against the US dollar faces a critical technical test as the 61.8% Fibonacci retracement level near the 1.3600 handle continues to cap further upside. Traders are closely watching this zone for signs of a breakout or reversal, as it represents a key pivot point for the near-term trend. Technical Barrier at 1.3600 The 61.8% Fibonacci retracement, drawn from the previous major swing low to the recent high, aligns almost perfectly with the psychological 1.3600 resistance level. This confluence creates a strong technical barrier that has repeatedly repelled price action over the past several trading sessions. A sustained move above this zone would likely open the path toward the next resistance cluster near 1.3700, while a rejection could signal a deeper pullback toward support levels around 1.3450 and 1.3400. Momentum indicators on the daily chart are showing signs of waning bullish strength, with the Relative Strength Index (RSI) hovering near overbought territory. This suggests that buyers may need a fresh catalyst to drive the pair through the 1.3600 barrier. Key support below the current level lies at the 50-day moving average, which has provided a floor during recent dips. Fundamental Context The technical setup comes against a backdrop of shifting expectations for both the Bank of England and the Federal Reserve. Recent UK inflation data has remained stickier than anticipated, reinforcing expectations that the BoE may maintain a cautious approach to rate cuts. Meanwhile, the dollar has found some support from resilient US economic data, though market pricing for Fed rate cuts later this year continues to cap the greenback’s upside. This tug-of-war between central bank policy expectations is a primary driver of the pair’s recent range-bound behavior. The 1.3600 level has acted as a magnet for price action, and a breakout in either direction could set the tone for the next several weeks of trading. What Traders Should Watch For short-term traders, the 1.3600-1.3610 zone is the immediate line in the sand. A daily close above this area would be a bullish signal, potentially triggering stop-losses and attracting fresh buying interest. Conversely, a failure to hold above the 1.3550 support level could invite sellers to test the 1.3500 round number and the 38.2% Fibonacci retracement near 1.3470. Broader market sentiment and upcoming economic data releases, including UK GDP figures and US jobless claims, will likely provide the next directional impulse. Until then, the technical standoff at 1.3600 remains the dominant narrative for GBP/USD traders. Conclusion The 61.8% Fibonacci retracement near 1.3600 stands as the most significant technical barrier for GBP/USD in the current environment. The pair’s ability to overcome or respect this level will likely determine the next major directional move. Traders should monitor price action around this zone closely, as a breakout or rejection could carry meaningful implications for the broader trend. FAQs Q1: What is the 61.8% Fibonacci retracement level in forex trading? The 61.8% Fibonacci retracement is a key technical level derived from the Fibonacci sequence, often used by traders to identify potential support or resistance zones during price corrections. It is considered a significant area where price may reverse or consolidate. Q2: Why is the 1.3600 level important for GBP/USD? The 1.3600 level is both a psychological round number and a technical confluence zone where the 61.8% Fibonacci retracement aligns. This makes it a strong resistance area that has historically attracted selling interest and capped upside moves. Q3: What happens if GBP/USD breaks above 1.3600? A sustained break above 1.3600 would likely signal a bullish continuation, with the next resistance targets near 1.3700 and potentially higher. It could also trigger a shift in market sentiment toward a more bullish outlook for the pound against the dollar. This post GBP/USD Technical Outlook: 61.8% Fibonacci Retracement at 1.3600 Caps Upside first appeared on BitcoinWorld .

12 May 2026, 07:25

Gold Retreats Further From Three-Week High as Dollar Firms Ahead of US CPI Data

BitcoinWorld Gold Retreats Further From Three-Week High as Dollar Firms Ahead of US CPI Data Gold prices extended their decline on Wednesday, pulling back further from the three-week peak reached earlier this week, as the US dollar regained some traction and traders adopted a cautious stance ahead of the release of the latest US Consumer Price Index (CPI) report. The precious metal, which had rallied on renewed geopolitical uncertainty and expectations of a more dovish Federal Reserve, now faces a critical test that could determine its near-term trajectory. Dollar Strength Weighs on Bullion The dollar edged higher against a basket of major currencies, making gold — which is priced in the greenback — more expensive for holders of other currencies. This inverse relationship has been a primary driver of gold’s recent price action. The US Dollar Index (DXY) climbed modestly in early European trading, recovering from recent lows as investors positioned for the inflation data. A stronger dollar typically reduces the appeal of non-yielding assets like gold, and today’s move reflects a cautious repositioning ahead of the CPI release. US CPI: The Key Catalyst Market attention is squarely on the US CPI report for February, due later in the session. Economists expect headline inflation to have risen 0.3% month-over-month, with the annual rate holding steady at 2.9%. Core CPI, which excludes volatile food and energy prices, is forecast to increase 0.3% month-over-month, keeping the annual rate at 3.2%. Any upside surprise could dampen hopes for a near-term rate cut by the Federal Reserve, a scenario that would likely weigh further on gold. Conversely, a softer-than-expected reading could reignite gold’s rally by reinforcing expectations of monetary easing later this year. The Federal Reserve has maintained a data-dependent stance, and inflation figures remain a key input for policymakers. The CME FedWatch Tool currently shows a 62% probability of a 25-basis-point rate cut at the June meeting, but this could shift rapidly depending on the CPI outcome. Gold, which thrives in a low-interest-rate environment, is highly sensitive to changes in rate expectations. Investor Positioning and Technical Levels From a technical perspective, gold has pulled back from the $2,940 resistance zone, which marked a three-week high. The metal is now testing support near $2,900, a psychologically important level. A decisive break below this threshold could open the door for a deeper correction toward the $2,860 area. On the upside, a return above $2,930 would signal renewed bullish momentum. Trading volumes have been elevated, indicating active repositioning by institutional investors ahead of the data. ETF flows have been mixed this week, with some profit-taking observed after the recent rally. However, central bank buying continues to provide a floor under prices, with several emerging-market central banks adding to their gold reserves in February. Conclusion Gold’s retreat reflects a market in wait-and-see mode, with the US CPI report serving as the primary catalyst for the next directional move. The interplay between dollar strength, inflation expectations, and Fed policy remains the dominant narrative for precious metals. For traders and investors, today’s data release will be pivotal in determining whether gold can resume its uptrend or if a deeper correction is in store. The broader macroeconomic backdrop — including trade policy uncertainties and geopolitical tensions — continues to support gold’s safe-haven appeal, but near-term price action will likely be dictated by the inflation print. FAQs Q1: Why does gold price fall when the US dollar strengthens? Gold is priced in US dollars, so a stronger dollar makes it more expensive for buyers using other currencies, reducing demand and pushing prices lower. This inverse relationship is a fundamental dynamic in the precious metals market. Q2: How does the US CPI report affect gold prices? The CPI report influences expectations about Federal Reserve interest rate policy. Higher inflation may prompt the Fed to keep rates higher for longer, which is negative for gold as it increases the opportunity cost of holding non-yielding assets. Lower inflation supports rate-cut expectations, which is positive for gold. Q3: What are the key support and resistance levels for gold right now? Key support is at $2,900, followed by $2,860. On the upside, resistance is at $2,930 and then the recent three-week high near $2,940. A break above $2,940 could target the all-time high around $2,955. This post Gold Retreats Further From Three-Week High as Dollar Firms Ahead of US CPI Data first appeared on BitcoinWorld .

12 May 2026, 07:23

CLARITY Act Momentum Revives XRP ETF Narrative as Flare XRPFi Sees Growing Institutional Attention

The Senate Banking Committee has moved forward with revised language under the CLARITY Act framework to build a US crypto market structure. The move could affect how digital assets are classified and handled within regulated financial systems, depending on how the final rules are shaped and adopted. While the draft continues to face unresolved political hurdles, including controversial ethics provisions and debate over the scope of regulatory oversight, market participants are increasingly focused on what clearer classification rules could mean for major crypto assets such as XRP. XRP Institutional Outlook The discussion has been amplified by expectations that, under a scenario where XRP is treated as a commodity, institutional demand could increase significantly through exchange-traded products. Standard Chartered has projected that XRP ETF inflows could range between $4 billion and $8 billion by the end of the year if such regulatory conditions materialize. This has led to renewed focus on how XRP-linked capital would be deployed once it enters institutional channels. The asset has not developed the same level of native programmable finance infrastructure seen in other major blockchain ecosystems. As a result, questions are emerging around where large-scale XRP capital would flow for purposes such as yield generation, lending, or structured deployment beyond simple holding or secondary trading activity. One of the most active areas attempting to address this gap is the emerging XRPFi ecosystem built on Flare, which enables XRP to be deployed into decentralized finance applications through FXRP. According to data cited from DeFiLlama, Flare’s total value locked has reached approximately $457 million, out of which around $200 million is attributed specifically to XRP-related activity. FXRP allows XRP to be used in lending, staking, trading, collateralization, and vault-based strategies across Flare applications. Since its introduction, XRPFi activity has recorded more than 3.4 million transactions across roughly 16,500 users. Infrastructure development around XRPFi is also being supported by distribution and protocol-level changes to reduce friction between XRP holdings and DeFi participation. Uphold has announced plans to support direct FXRP minting during the summer, which would allow XRP to be converted into FXRP through exchange-level integration rather than separate bridging interfaces. Flare Targets Vault and Yield Growth At the protocol level, Flare is undergoing a governance and economic overhaul that includes a reported 40% reduction in emissions, updated mechanisms for protocol-level MEV capture, and revised burn mechanics as part of its ongoing design changes. Further developments include planned upgrades to XRPFi infrastructure to expand vault availability and improve access to yield strategies, along with the introduction of FAssets v1.3. The update enables direct minting of FXRP using XRPL destination tags. A separate application layer built on Flare Smart Accounts is also being developed to simplify user interaction with XRPFi systems by enabling XRPL wallet-based access to vaults and strategies while abstracting transaction processes across the Flare execution layer. The post CLARITY Act Momentum Revives XRP ETF Narrative as Flare XRPFi Sees Growing Institutional Attention appeared first on CryptoPotato .

12 May 2026, 07:21

Dark Defender Says Gigantic XRP Price Success Is On Its Way. Here’s why

Crypto analyst Dark Defender has returned to a chart he originally shared in October 2023, arguing that XRP’s price action has continued to follow the structure he outlined months ago. In a new post on X, the analyst stated that the chart remains the only one that has “stayed valid” since October 25, 2023, while emphasizing that key levels identified in the original projection have performed as expected. The updated message focused heavily on the accuracy of the support and resistance zones highlighted in the earlier analysis. According to Dark Defender, XRP respected those levels over time, reinforcing his confidence that the larger bullish structure remains intact. He added that the pattern will continue and claimed that “gigantic success” for XRP is still ahead. The chart attached to the retweeted post analyzed XRP trading between $0.52 and $0.66 at the time. Dark Defender stated in the 2023 analysis that a move toward $0.66 would not be surprising in the short term. He also identified support levels at $0.52 and $0.46 while listing resistance targets at $0.66, $1.88, and $5.85. The only chart that has stayed valid since 25-Oct-23. Just look at the levels, how well they played. It will continue. Gigantic success for #XRP is on its way. https://t.co/huo84RHclY — Dark Defender (@DefendDark) May 10, 2026 Old XRP Projection Returns to Attention The renewed attention around the 2023 chart comes as XRP continues to trade above several of the support areas highlighted in the analysis. Dark Defender’s repost centered on how the market reacted around those price zones over the past several months. The chart itself included an Elliott Wave-style projection that mapped out a multi-stage upward move for XRP . The structure showed an initial rise followed by a correction before a larger breakout toward higher resistance levels. The final projected target on the chart remained near $5.85. Dark Defender argued that the market respected the progression outlined in the forecast, particularly around the lower support range and the move toward higher resistance levels. The analyst also pointed to the chart’s consistency despite changes in broader market conditions since late 2023. Focus Remains on Major Resistance Levels A significant part of the analysis continues to focus on XRP’s ability to break through long-standing resistance areas. In the reposted chart, the analyst labeled the upper descending trendline as “major resistance,” suggesting that a confirmed breakout above that level could support a stronger upward move. The chart also highlighted XRP’s position within a defined “current range,” with the token trading near the middle of that structure during the original analysis period. Dark Defender suggested that maintaining strength above support zones remains important before any larger continuation toward higher targets can occur. The latest post did not provide a revised timeline for the projected move, but the analyst maintained confidence that the broader trend remains active. By revisiting the October 2023 forecast, Dark Defender presented the chart as evidence that his long-term XRP outlook has remained consistent as the market experienced volatility over the past year. 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 Gigantic XRP Price Success Is On Its Way. Here’s why appeared first on Times Tabloid .