XRP Breaks Multi-Year Resistance: Analyst Projects Aggressive Upside Targets

Crypto analyst Dark Defender has published an updated six-month chart for XRP, marking a pivotal technical event that has captured the attention of long-term observers. According to the analyst, XRP has successfully broken above what he terms the “6M Resistance,” doing so just one day later than initially projected in a previous update. The breakout, illustrated on the semiannual chart, could signal the beginning of a significant new upward phase in XRP’s price trajectory . 6 Monthly Time Frame Update on #XRP : You can find the updated 6M chart below. XRP has broken the 6M Resistance, 1 day later than our previous 6-monthly update. The Resistances: $5.85, $18.22 within the 3rd Wave. Targets: $66.96, $77.70 Supports: $2.2222, $1.8815 (Not Financial… pic.twitter.com/AuKjVfW4PT — Dark Defender (@DefendDark) May 26, 2025 The chart includes data stretching from 2015 to a projected move into the late 2020s. In this technical setup, two critical trendlines define the structure: an upper resistance line (labelled “RESISTANCE, ULTIMATE”) and a lower support line (labelled “SUPPORT, ULTIMATE”). This long-term symmetrical triangle appears to have been resolved to the upside in 2025, with XRP currently priced around $2.34, based on the image captioned in the tweet. Elliott Wave Projection Suggests Substantial Growth Potential Dark Defender overlays an Elliott Wave count on the six-month chart, currently identifying that XRP may be entering Wave 3 of a broader five-wave structure. According to this count, XRP has already completed waves 1 and 2 and has now initiated the more aggressive third wave, often regarded in Elliott Wave Theory as the most impulsive and extended in terms of price movement. Within Wave 3, Dark Defender highlights two immediate resistance levels: $5.85 and $18.22, corresponding with Fibonacci extension levels of 261.8% and 361.8%, respectively. These figures suggest potential upside movement before the wave completes. Should this structure play out fully, the chart projects targets as high as $66.96 and $77.70, representing Fibonacci extensions of 476.4% and beyond. These levels are indicated within what the analyst labels as Wave 5. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Support Zones and Risk Management Commentary The update also identifies key support zones at $2.2222 and $1.8815, aligning with the 161.8% Fibonacci extension from the earlier move. These zones, while not presented as definitive floors, are offered as structural support areas that may provide price stability in the case of pullbacks. Dark Defender explicitly includes a disclaimer on the chart, clarifying that the targets and projections are not intended as financial advice and are shared for informational purposes only. Community Sentiment Expresses Urgency for XRP Breakout The post received a wide range of reactions, including one from an X user named HIM2podcast, who stated: “3 digits forsure this year, it’s along over due. Xrp needs to start hitting big or people will lose confidence and move on, 7 long years, while everything else pumps. Our time has come.” The comment reflects a broader sentiment among XRP holders who have maintained their positions through extended periods of market stagnation, awaiting a breakout on the scale suggested in Dark Defender’s chart. Outlook and Context This update comes at a time when many long-term investors in XRP are demanding performance that reflects the scale of the token’s historical promise and utility. The analyst’s use of high-timeframe charts and multi-year structures indicates a belief in an eventual major breakout, contingent on the confirmation of this current move above the ultimate resistance line. If the pattern progresses according to the Elliott Wave roadmap shared, and XRP achieves the forecasted targets of $66.96 and potentially $77.70, the move would represent a significant revaluation of the asset. However, the speculative nature of such projections remains tied to broader market conditions, regulatory clarity, and investor confidence. Dark Defender concluded the post, stating only, “We will experience,” leaving interpretation open-ended while reinforcing conviction in the projected trajectory. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post XRP Breaks Multi-Year Resistance: Analyst Projects Aggressive Upside Targets appeared first on Times Tabloid .

Source: TimesTabloid