Crypto analyst Dark Defender ignited debate among XRP investors after declaring that they are “about to witness the reversal of all time.” The message, shared via the analyst’s widely followed social media profile, arrived at a period of low sentiment for the XRP community. At the time of the statement, XRP was trading near $1.09 as investors reacted to recent setbacks.
Recent price decline and political effects
XRP, the digital asset developed by Ripple Labs, entered November 2026 following a significant downturn in October when it fell by 16%. The price broke below $1.30 in late October, a support level that analysts had identified as essential for maintaining upward momentum.
Following the November 3 midterm elections, XRP’s decline accelerated. With Democrats taking control of both the House and Senate, expectations that a more crypto-friendly legislative environment might emerge were dashed, negatively impacting market sentiment for XRP.
XRP is now over 70% lower than its all-time high of $3.65, reflecting a broad decline since earlier peaks.
| Event | XRP Price | Change |
|---|---|---|
| All-time high | $3.65 | — |
| November 2026 | $1.09 | -70% |
Despite the launch of Ripple’s RLUSD stablecoin, which surpassed $1.1 billion in assets and saw $4.2 billion in transactional volume last month, these developments have yet to contribute to a sustained increase in XRP’s value.
Mini dictionary: RLUSD is a stablecoin introduced by Ripple Labs and is designed to hold a steady value by being backed by reserve assets. Stablecoins like RLUSD are widely used for transferring value and facilitating transactions within blockchain ecosystems, providing lower volatility than most cryptocurrencies.
XRP has shed over 70% from its $3.65 all-time high. Despite strong network activity and growth in Ripple’s stablecoin, investor optimism remains subdued.
Reactions from the XRP community
Community reactions to Dark Defender’s prediction ranged from skepticism to humor. One response questioned if “18” stood for 18 more years, reflecting doubts over long-term timelines for a price rebound. Another respondent noted frustration over repeated bullish calls that have not materialized, sharing that many such predictions have missed their mark over the past two years.
Some community members expressed uncertainty about the possibility of a recovery for XRP in 2026, with lingering doubts following prolonged price weakness. One user described struggling with checking the token’s price repeatedly, highlighting the emotional weight of holding a volatile asset with uncertain prospects.
XRP’s distance to target and historical performance
Dark Defender has previously outlined a price target of $18.22 for XRP. At current levels near $1.09, the asset would require a gain of approximately 1,571% to reach that target—a leap that, while theoretically possible, represents a dramatic turnaround relative to recent market dynamics.
XRP demonstrated strong performance in the wake of the 2024 presidential election, attaining a 600% increase within just a few weeks. However, those levels were not maintained, and the token’s price eventually slid back. Analysts now look for XRP to establish support above $1.10 before longer-term price projections are reconsidered.
Dark Defender told followers, “You’re about to witness the reversal of all time.” The statement spurred a flurry of responses, as XRP remains far off earlier highs and the market gauges whether optimism can return.
