XRP Analyst Sees New Impulse After Resistance Break
Crypto analyst Dark Defender says XRP may be entering a new impulse phase after its August 2026 monthly close broke above the initial resistance of a descending correction channel. XRP had consolidated after reaching a 2024–2025 rally peak of $3.65, with the corrective structure eventually bottoming near $1. August’s bullish candle followed a more than 50% price surge in less than three days.
Dark Defender’s technical analysis identifies the first resistance at $1.88, followed by $4.11 and $5.85. The chart projects $7.07 as a major target, with a potential double-digit target marked “D.D.” The analyst also points to an RSI signal-line crossover and the Ichimoku cloud as possible confirmation of a trend reversal.
XRP was quoted at about $1.3825, between the 50% Fibonacci retracement level at $1.2939 and the 85.4% level at $1.5692. A sustained move above $1.88 would strengthen the bullish XRP price prediction, while rejection below that level could weaken the setup. The analysis is based on technical indicators and should not be treated as financial advice.
Bullish
The news is bullish because it describes a confirmed monthly close above an initial resistance level, a sharp short-term rally, and potentially supportive RSI and Ichimoku signals. A break above $1.88 could attract momentum traders and increase buying interest, with $4.11, $5.85 and $7.07 becoming the next technical reference points.
However, the signal remains analyst-driven rather than market-confirmed. XRP is still below the first major resistance, and the projected targets depend on continued volume, broader crypto-market strength and sustained trend momentum. In the short term, traders may respond to a move above $1.88 with breakout buying, while failure to hold recent gains could trigger profit-taking and a retest of lower Fibonacci levels. Similar technical breakout narratives in crypto markets have often produced rapid gains but also sharp reversals when volume or follow-through weakened.
Longer term, a sustained move above the stated resistance levels could improve sentiment around XRP and support a broader trend reversal. Nevertheless, the analysis does not establish a fundamental catalyst, and ambitious double-digit targets should be treated as speculative. Traders should monitor closing prices, trading volume, RSI confirmation and Bitcoin-led market direction before relying on the setup.