Crypto Expert Predicts A New XRP All-Time High Is In Sight As These 3 Technicals Align
A crypto market expert has just projected that the XRP price could explode to a new all-time high this cycle. Lately, the cryptocurrency has shown significant weakness amid a prolonged downtrend that began when it broke...
A crypto market expert has just projected that the XRP price could explode to a new all-time high this cycle. Lately, the cryptocurrency has shown significant weakness amid a prolonged downtrend that began when it broke above $3.5 last year. Despite crashing more than 60% from that high today, the analyst argues that XRP’s corrective phase may have ended, citing three technical indicators that support his bullish thesis.
Aligned Technical Indicators Confirm XRP Price BottomCrypto analyst Dark Defender has released a new analysis suggesting that XRP may have found a bottom and is poised to reverse its downtrend toward a new all-time high. He points to three technical signals, including a confirmed completion of XRP’s corrective wave C structure, a triangle breakout, and a Relative Strength Index (RSI) bullish cross.
In his analysis, Dark Defender presented an Elliott Wave chart of XRP on a three-day timeframe, covering roughly April 2025 through a projected target period extending into mid-to-late 2026. The chart maps out a completed ABC corrective pattern, beginning with wave A, which marked an initial high for XRP before a sharp sell-off followed. Wave B then unfolded as a strong recovery rally, pushing XRP’s price up to its $3.6 peak in 2025 before reversing once again and setting the stage for wave C.
According to the chart, wave C represents the final and most significant phase of the XRP correction. It is shown as a classic five-subwave impulse decline that has now fully played out. Within this structure, the fifth sub-wave recently completed near $1.31, marking XRP’s potential bottom and the end of the five-wave sequence. As a result, the completion of wave C is a key turning point, suggesting that XRP’s prolonged bearish move from the wave B peak may be over, potentially giving way to a new bullish impulse.
In addition, the chart shows that the ABC corrective wave formed between two converging trendlines, creating what Dark Defender called a “resistance-support triangle.” Apparently, the XRP price had compressed inside this bearish triangle throughout its corrective phase. The upper resistance trendline of this triangle, shown in orange, served as a strong barrier for a long time. However, Dark Defender notes that XRP has now broken above this resistance line, signaling the end of its compression phase and the potential beginning of a new uptrend.
Next Move Points To Strong Rally Toward New ATHWhile the orange resistance trendline capped price action before XRP’s recent breakout, the yellow support line on Dark Defender’s chart served as a strong base, repeatedly preventing the price from breaking lower. Each successful defense of this support helped establish a firmer bottom, a move that coincided with the RSI forming a bullish crossover at deeply oversold levels.
Looking ahead, Dark Defender outlines four potential upside targets for XRP’s next bullish impulse wave. The first target sits at the 123.6% extension near $1.66, representing a roughly 27% gain from current levels above $1.30. The next level lies at the 161.8% extension around $1.88 before the final resistance at $2.58.
For his all-time high target, Dark Defender projects a move toward the 261.08% extension at $5.85. A price rally to this level could represent a staggering surge of more than 350% from XRP’s present market value.
Original source
Read on NewsBTCRelated market context
Standard Chartered Calls Crypto Bottom as Bitcoin Price Recovers From $59,000 Low
Bitcoin Magazine Standard Chartered Calls Crypto Bottom as Bitcoin Price Recovers From $59,000 Low Standard Chartered’s head of di...
Standard Chartered analyst says Bitcoin hits bottom at $59K, ending crypto winter
Bitcoin's bottom at $59K signals potential market recovery, encouraging investors to monitor ETF flows, corporate buys, and oil pr...
'Winter Is Over': Standard Chartered Calls Crypto Bottom as Bitcoin Recovers From $60K Fall
Standard Chartered analyst Geoff Kendrick suggests the crypto market has hit its lowest point following Bitcoin's recent drop belo...
Bitcoin hit bottom at $59,000 marking end to the crypto winter, says Standard Chartered analyst
Senior market analyst Geoffrey Kendrick pointed to the SpaceX IPO and a potential U.S.-Iran peace deal as the dual catalysts endin...
XRP aims for $0.90 as ETF demand battles selling pressure from whales
XRP is trading at $1.11, down roughly 17% from its June opening, having set a new 2026 low on June 5 and shed $8 billion in market...
Q2 2026 Sets All-Time High for DeFi Hack Count With ~70 Exploits, $746M Stolen
Q2 2026 has become the most-hacked quarter in DeFi history by incident count, according to DefiLlama, which logged approximately 7...