1. Dark Defender, a crypto analyst, conducted a thorough XRP price analysis.
2. XRP is potentially poised to achieve an all-time high (ATH) of $18, according to the analysis.
3. The analysis utilizes the ABC Correction pattern to identify potential reversals or pullbacks in XRP's price.
4. Three waves within the ABC Correction pattern outline XRP's price movements, with wave 3 targeting $1.88, $5.85, and potentially reaching $18.22.
5. The completion of the regular ABC corrective wave suggests the possibility of upward movements in XRP's price.
6. Dark Defender issues a cautionary note, mentioning a potential decline to $0.3917 if specific conditions aren't met.
7. Confidence in avoiding the decline increases if XRP maintains a level above $0.52.
8. The legal battle between Ripple and the SEC remains a significant factor influencing XRP's market performance.
9. A recent court ruling favored the SEC, instructing Ripple Labs to disclose financial records for 2022-2023 and information on institutional sales of XRP.
10. XRP's price has exhibited relative stability around $0.50, prompting speculation about potential price swings amid legal developments.