XRP News Today: XRP Breaks Multi-Year Resistance Targeting 71% Gain

XRP has recently made a significant move that could alter its long-term trajectory. According to prominent crypto analyst Dark Defender, the token has broken out of a multi-year symmetrical triangle on the weekly chart and successfully cleared major resistance, indicating the start of a significant bullish phase.

With this breakout confirmed, Dark Defender projects XRP’s next target at $3.99, a level that would represent a major new all-time high and a roughly 71% rally from current prices around $2.33. For months, XRP had been consolidating within a symmetrical triangle on the weekly timeframe, a classic technical formation that typically signals a powerful move once broken. This past week, XRP’s price closed decisively above the triangle’s upper boundary, confirming a breakout to the upside. This is not just a technical anomaly; it’s a strong signal that the market has entered a new phase of bullish momentum.

Symmetrical triangles tend to precede continuation trends, and in XRP’s case, this upward breach suggests the beginning of a sustained rally. The size and duration of this pattern only add to its significance, as it marks the end of a long period of price compression and uncertainty. Alongside the triangle breakout, XRP has also shattered a major weekly resistance zone around $2.92, which has historically capped price advances. According to Dark Defender, this level was the final barrier between consolidation and a full-scale bullish expansion. With this resistance now flipped into support, market sentiment has shifted decidedly in favor of the bulls.

This breakthrough not only confirms structural strength but also invites renewed attention from investors and traders who had been waiting on the sidelines for confirmation of a sustained trend. Following this breakout, Dark Defender has set $3.99 as XRP’s next major target. This projection is based on Fibonacci extension levels drawn from the recent breakout structure and reflects the next key area of expected price interaction. It also represents a clean break above XRP’s previous all-time high of $3.84, set in early 2018.

If the current trend holds and XRP maintains its momentum above the newly established support zones, reaching $3.99 is not only possible, it’s statistically probable based on historical technical behavior. In the event of short-term pullbacks, immediate support lies between $2.27 and $2.30, while deeper structural support sits at $2.13 and $1.88. As long as XRP remains above these levels, the bullish outlook remains valid.

Dark Defender’s analysis presents a compelling case: XRP has broken out of a long-term consolidation pattern, flipped weekly resistance into support, and is now targeting $3.99 as the next major milestone. With strong technical confirmation, growing volume, and renewed investor confidence, XRP appears to be firmly on the road to a new all-time high. As Dark Defender put it: “We are steps ahead.” And if this breakout holds, those steps may soon become leaps.