XRP News Today: XRP Holds Support Amid 36% Drop From All-Time High

Dark Defender, a prominent market analyst, has once again demonstrated the power of long-term technical analysis with a 6-month XRP forecast that has closely mirrored current market movements. The analyst shared a post on X on June 20, 2025, comparing a chart projection from November 10, 2024, to the realized price action on that date, revealing that XRP has held its “support ultimate” level with remarkable accuracy.

This validation is significant as XRP trades nearly 36% below its all-time high, yet maintains technical resilience amid broader crypto market volatility. Dark Defender’s approach diverges from the typical short-term noise, using an extended 6-month timeframe complete with trend lines, Fibonacci levels, and key support zones. This methodology reflects a deeper macro view that is gaining credibility across crypto research circles. A 2022 study in the Journal of Financial Markets supports this, noting that longer timeframes tend to yield more reliable forecasts in crypto, where short-term price moves are often dictated by sentiment and speculative trading.

Currently, support at $2.0706 has proven reliable, serving as a launching pad for what some analysts believe could be a breakout. This analysis comes during a high-activity period for crypto markets, with events like Bitcoin Prague 2025 fueling enthusiasm. Ripple’s continued push for global adoption of its on-demand liquidity (ODL) system and compliance with ISO 20022 standards are strengthening XRP’s use case in international finance. Ripple’s alignment with the G20’s 2027–2030 cross-border payment goals further underscores the asset’s relevance and long-term potential.

Dark Defender hinted at a 1-month update coming soon, which could refine this macro outlook. In previous posts, he has outlined targets of $2.22 and $3.61, which remain in play if current support holds and momentum accelerates. While past performance is no guarantee of future results, the close alignment of this long-term forecast with reality deserves attention. Whether XRP is on the verge of a major breakout or just consolidating before its next move, one thing is clear: Dark Defender’s chart is one to watch.