XRP Breakout: Bullish Crossover and Potential Rally Ahead

Cryptocurrency analyst Dark Defender (@DefendDark) has shared a new technical analysis of XRP, suggesting a potential breakout for the digital asset. The analysis, presented in a 4-hour timeframe, shows that XRP has fallen below a resistance trendline since its recent multi-year peak of $3.39. The decline in early February, attributed to tariff threats from the Trump administration, further solidified this downturn.

The chart shared by Dark Defender indicates that XRP has recently broken out of this triangle, forming a bullish crossover in its RSI. This move could bring a major shift in momentum if sustained. Supporting this potential breakout, the Ichimoku Cloud shows price movement into a bullish zone, clearing previous resistance.

While Dark Defender did not provide specific targets on this chart, he has previously outlined targets based on XRP’s technical structure. In a recent analysis, he reaffirmed his short-term projection of $5.85, with a longer-term outlook targeting $18.22. These targets are based on Fibonacci extensions and historical price behavior, suggesting a potential rally if key resistance levels are cleared.

Dark Defender has also pointed to an RSI breakout as a critical development for XRP’s price action. He emphasized that RSI trends often precede major moves, and the latest crossover could signal the start of a significant uptrend.

Despite the bullish case presented by Dark Defender’s analysis, it is important to approach these projections with caution. Cryptocurrency markets are highly volatile, and technical patterns do not always happen as expected. Some in the community have shared their disappointment in XRP’s performance and lack of excitement for its future. However, many community members still believe that XRP can outperform expectations.

As XRP continues to test resistance zones, the market will watch closely to see if the breakout holds. The digital asset is currently trading at $2.44, up 2.14% over the past 24 hours. The next target could be a new all-time high if it can sustain momentum and break above the resistance trend line.