Dark Defender Says XRP Breakout Above Orange Resistance, Targets All-Time High
Crypto analyst Dark Defender says XRP has broken above an “orange resistance” trendline on the 3-day chart, after repeatedly holding the Fibonacci support near $1.31 (the 50% retracement zone). He argues XRP’s corrective wave structure is complete (C Wave done), which often precedes a fresh uptrend.
Dark Defender also highlights a Resistance–Support Triangle breakout, reinforcing bullish continuation. Momentum improves as the 3-day RSI forms a bullish crossover, suggesting stronger buying pressure.
Price targets are mapped using Fibonacci extensions: 123.60% near $1.66, 161.80% around $1.88, and 261.80% near $5.85—framed as a potential new all-time high for XRP.
Traders may watch whether XRP can hold above $1.31 after the breakout. A clean follow-through could attract momentum traders and push price toward the extension levels, while rejection near resistance would weaken the bullish thesis.
Bullish
The article is explicitly bullish for XRP, citing (1) a confirmed breakout above an established resistance trendline, (2) Fibonacci support holding around $1.31, (3) completion of the C wave (end of a correction), (4) a Resistance–Support Triangle breakout, and (5) a bullish RSI crossover on the 3-day timeframe. Together, these align with a common technical “trend resumption” playbook: when price breaks resistance after holding key fib support and momentum turns up, traders often increase long exposure and use the prior support as a reference for risk.
In the short term, the most immediate impact is sentiment and positioning: breakout traders may front-run follow-through toward $1.66 and $1.88. The key risk is the classic retest/rejection scenario—if XRP cannot hold above $1.31 after the breakout, momentum can fade quickly.
In the longer term, if the move continues to respect the higher-high/higher-low structure, Fibonacci extension levels (up to the $5.85 zone) can become magnet targets. Similar historical patterns in crypto—breakouts paired with RSI turn-ups and completed corrective structures—often lead to staged rallies, but usually with volatility and pullbacks rather than a straight line.