XRP Analyst Says ‘We Will All Be Surprised’ By | Crypto News
Dark Defender, a distinguished XRP analyst, has drawn vital consideration to the token, suggesting that XRP could also be setting up a transfer that might take the market by shock. Despite its wrestle to decisively break above the $3 mark, XRP is now forming a Falling Wedge sample that alerts the potential for a highly effective breakout by October.
Falling Wedge Signals XRP Breakout By October
In a current XRP price analysis, revealed on Monday, Dark Defender famous that the third-largest cryptocurrency has once again revered its key help ranges at $2.85, despite being rejected at $3.13. The XRP price tapped into the first help trendline, highlighted in orange on the chart, which has persistently held as a structural base.
Importantly, the Relative Strength Index (RSI) is edging nearer to oversold territory, a signal often related with potential price reversals. While skepticism spreads across the market, Dark Defender insists that the XRP bullish construction stays intact and that disbelief itself is a signal that many might be caught off guard by what’s to come.
The analyst notes that the cryptocurrency has been consolidating within a Falling Wedge sample between July and September. According to him, October might be the month when XRP finally breaks free from the wedge and delivers a rally strong enough to shock the broader market.
Building on this momentum, Dark Defender has forecasted three potential price targets for XRP by October: $4.17, $4.92, and $5.85. These ranges correspond to higher Fibonacci Extension zones, particularly 261.8%, 361.8%, and 236.8%, respectively. Meanwhile, XRP has its closest helps set at $2.80 and $2.64, guaranteeing a strong base for the projected Falling Wedge breakout.
XRP Bullish Run Just Starting
Following his earlier predictions, Dark Defender additional strengthened his bullish case by asserting that XRP has not begun its true rally. He recommended a energy shift is underway, hinting that what the market has seen so far is only the starting of a bigger bullish wave.
This perspective arrives at a time when XRP has already delivered a exceptional efficiency in 2025. According to CoinMarketCap’s data, the cryptocurrency has gained 384% Year-to-Date, a surge fueled by growing demand, rumors of a potential XRP ETF, and renewed confidence after the conclusion of the Ripple-SEC lawsuit.
With XRP reaching a high of $3.65 earlier this 12 months and trading just over 5% shy of reclaiming its former all-time high of $3.84, Dark Defender stays sure that the asset’s real growth is still forward. Based on this view, the current pullback below $3 will not be seen as a weak spot, but relatively as a consolidation part before the next leg larger.
He highlighted that XRP is nearing the end of this corrective ABCDE consolidation part and making ready for a lift-off. According to his chart analysis, once the cryptocurrency reclaims the $3.33 stage, it might pave the way in which for double-digit costs.
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