Crypto analyst Dark Defender has provided an update on XRP's daily structure, indicating that the cryptocurrency may experience a surge to a new all-time high according to an Elliott Wave pattern. XRP is currently consolidating below the $3 level, which is seen as a critical point for further upside momentum. Despite recent losses, Dark Defender remains confident, predicting a rally with a bullish 5-wave structure that could push XRP above $8. Another analyst, Tony Severino, also used the Elliott Wave pattern to argue for a strong uptrend, suggesting a surge to $20 for XRP. Furthermore, an analyst named Steph pointed out that XRP has formed a historical hammer candlestick pattern, indicating a potential price surge of over 2,000%. If history repeats, XRP could reach a new all-time high, possibly as high as $52.50.



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