XRP News Today: XRP Poised for 61.43% Surge as Key Resistance Tested

XRP, a prominent altcoin, is on the verge of a significant price breakout, according to a recent analysis by a crypto analyst known as Dark Defender. The daily timeframe chart indicates that XRP is testing key resistance levels, which, if breached, could trigger a substantial rally. After weeks of consolidation, XRP is approaching a critical resistance level just above $2.3, which has historically rejected upward movements since early 2025. A daily candle close above $2.33 could invalidate the downtrend and signal a breakout, potentially leading to further upside.

Dark Defender's analysis suggests that XRP could surge to a new high of $3.39, a level not seen since the 2018 bull cycle. Currently trading at $2.1, a successful rally to this target would represent a 61.43% increase in value. This move would not only break XRP out of its current consolidation phase but also confirm the emergence of a sustained uptrend. If momentum persists, it could set the stage for even higher price levels.

Supporting the bullish thesis for XRP is a rising Relative Strength Index (RSI), which has broken above a descending trendline and continues to trend upward. This shift suggests that XRP is building momentum as buyers regain control. Additionally, the price action remains above key Exponential Moving Averages (EMA), which are beginning to curl upward, signaling a potential trend reversal in favor of the bulls. Although the Ichimoku Cloud technical indicator is not visible on the chart, it is expected to flip bullish soon, further reinforcing XRP’s bullish outlook.

Combined with the support held above the 200-day EMA, XRP appears to be entering a favorable technical zone. If the price action aligns with the analyst’s projected setup and manages to hold candle closes above $2.33, it could mark the beginning of a stronger uptrend. Dark Defender also notes that “XRP’s slingshot pressure” is intensifying rapidly, further boosting the potential strength of the upcoming bullish wave.