Crypto analyst Dark Defender (@DefendDark) posted a price target for XRP on August 23, drawing on a historical chart pattern. He predicted XRP could reach $1.88-$2 within two days, citing the November 13, 2024 pattern as his basis.
Notably, XRP began a 500% surge in November 2024, and this prediction suggests a similar move is building.
What Lit the Fuse?
XRP entered last week trading just under $1, deep in a decline that has lasted since 2025. However, the market shifted significantly this week.
The U.S. Treasury announced it would at least double its long-bond buybacks starting September 9. The news sent Bitcoin surging, and the broader market followed. XRP caught that initial wave and ran harder than most, outpacing Bitcoin in the subsequent days.
XRP could reach $1.88–$2 within 2 days based on the 13 November 2024 pattern.
I will not post on X again until they restore my blue check mark. ⁽ⁿᵒᵗ ᶠⁱⁿᵃⁿᶜⁱᵃˡ ᵃᵈᵛⁱᶜᵉ ᵇᵘᵗ ʲᵘˢᵗ ᵐʸ ᵗʰᵒᵘᵍʰᵗˢ ᵒⁿˡʸ⁾
— Dark Defender (@DefendDark) August 23, 2026
Washington’s Role in Moving the Market
Hours after the Treasury announcement, President Trump hosted crypto executives at the White House. Ripple CEO Brad Garlinghouse, Coinbase CEO Brian Armstrong, and Robinhood representatives were present alongside SEC Chair Paul Atkins and CFTC Chair Michael Selig.
The SEC also put forward a new regulatory structure during the week, introducing two fundraising exemption tracks and a safe harbor provision. Under it, tokens can exit securities classification once their networks operate independently.
The CFTC Chair added that the agency will move forward with formal crypto market rules whether or not the CLARITY Act clears its September 15 Senate vote. By the time the dust settled, it had touched $1.68. It now trades at $1.48 after a brief pullback.
Opinions From the Community
The responses to Dark Defender’s post ranged from supportive to skeptical. Several followers expressed concern about losing access to his analysis and urged him to keep posting. Others tagged Elon Musk directly, calling for the analyst’s checkmark to be reinstated.
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— TimesTabloid (@TimesTabloid1) June 15, 2025
One community member expressed continued patience, noting he had been waiting three years but remains content holding. Another predicted XRP will continue rising to September 15 and climb further if the CLARITY Act passes.
Not all responses were positive. One skeptic argued that applying 2024 chart patterns ignores how much market structure has changed, pointing to the Binance Top Trader ratio as evidence that algorithmic activity has shifted the landscape significantly. Another dismissed the prediction entirely, suggesting the analyst would be wrong for years before getting one right.
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.
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