Dark Defender Says XRP Broke Our Orange Resistance, Predicts Next Price Target

A decisive move on the 3-day chart has positioned XRP for a potential historic rally. The digital asset has confirmed a breakout above a key resistance level while maintaining strong structural integrity. This development aligns with a bullish technical outlook supported by multiple indicators and wave formations.

Crypto analyst Dark Defender shared his latest analysis, highlighting XRP’s progress toward higher price levels. His chart shows a clear breakout above the orange resistance trendline following repeated support at the Fibonacci retracement level near $1.31. This technical validation strengthens the bullish case and signals growing market confidence.

In his statement, the analyst noted that the C Wave is complete, confirming the conclusion of a corrective phase. This milestone often marks the beginning of a renewed upward trend, reinforcing expectations of continued price expansion.

Triangle Breakout Confirms Bullish Momentum

The chart outlines a Resistance-Support Triangle that XRP has successfully breached. This breakout reflects a continuation pattern that often precedes strong upward movements. According to the analyst, the asset has broken out of this Resistance-Support Triangle, further validating the bullish structure.

The price action shows consistent respect for the $1.31 Fibonacci level, identified as the 50.00% retracement zone. Multiple rebounds from this support indicate strong buying interest and reinforce its importance as a foundation for future gains.

Dark Defender’s projection also highlights Fibonacci extension targets at 123.60% near $1.66, 161.80% around $1.88, and 261.80% extending toward $5.85, a new all-time high for the asset.

These technical markers outline a clear trajectory for XRP’s next phase. The breakout above the descending resistance line suggests strengthening momentum as the asset advances toward these targets.

RSI Bullish Cross Strengthens Outlook

Momentum indicators support the bullish narrative. The Relative Strength Index on the 3-day chart has formed a bullish crossover, signaling improving strength and sustained buying pressure. This crossover typically signals a shift in sentiment and aligns with the broader technical structure presented in the chart.

Rising RSI levels indicate strengthening demand and reinforce expectations of continued upside movement. Together with the completed wave structure and confirmed breakout, the momentum indicator adds further credibility to the forecast.

Dark Defender summarized the outlook, stating that “A new all-time high is in sight.” This shows confidence in XRP’s trajectory as it approaches critical extension levels outlined in the analysis.

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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