Crypto Expert Predicts A New XRP All-Time High Is In Sight As These 3 Technicals Align

A crypto market expert has just projected that the $XRP price could explode to a new all-time high this cycle. Lately, the cryptocurrency has shown significant weakness amid a prolonged downtrend that began when it broke above $3.5 last year. Despite crashing more than 60% from that high today, the analyst argues that $XRP’s corrective phase may have ended, citing three technical indicators that support his bullish thesis.

Aligned Technical Indicators Confirm $XRP Price Bottom

Crypto analyst Dark Defender has released a new analysis suggesting that $XRP may have found a bottom and is poised to reverse its downtrend toward a new all-time high. He points to three technical signals, including a confirmed completion of $XRP’s corrective wave C structure, a triangle breakout, and a Relative Strength Index (RSI) bullish cross.

In his analysis, Dark Defender presented an Elliott Wave chart of $XRP on a three-day timeframe, covering roughly April 2025 through a projected target period extending into mid-to-late 2026. The chart maps out a completed ABC corrective pattern, beginning with wave A, which marked an initial high for $XRP before a sharp sell-off followed. Wave B then unfolded as a strong recovery rally, pushing $XRP’s price up to its $3.6 peak in 2025 before reversing once again and setting the stage for wave C.

Source: Chart from Dark Defender on X

According to the chart, wave C represents the final and most significant phase of the $XRP correction. It is shown as a classic five-subwave impulse decline that has now fully played out. Within this structure, the fifth sub-wave recently completed near $1.31, marking $XRP’s potential bottom and the end of the five-wave sequence. As a result, the completion of wave C is a key turning point, suggesting that $XRP’s prolonged bearish move from the wave B peak may be over, potentially giving way to a new bullish impulse.

In addition, the chart shows that the ABC corrective wave formed between two converging trendlines, creating what Dark Defender called a “resistance-support triangle.” Apparently, the $XRP price had compressed inside this bearish triangle throughout its corrective phase. The upper resistance trendline of this triangle, shown in orange, served as a strong barrier for a long time. However, Dark Defender notes that $XRP has now broken above this resistance line, signaling the end of its compression phase and the potential beginning of a new uptrend.

Next Move Points To Strong Rally Toward New ATH

While the orange resistance trendline capped price action before $XRP’s recent breakout, the yellow support line on Dark Defender’s chart served as a strong base, repeatedly preventing the price from breaking lower. Each successful defense of this support helped establish a firmer bottom, a move that coincided with the RSI forming a bullish crossover at deeply oversold levels.

Looking ahead, Dark Defender outlines four potential upside targets for $XRP’s next bullish impulse wave. The first target sits at the 123.6% extension near $1.66, representing a roughly 27% gain from current levels above $1.30. The next level lies at the 161.8% extension around $1.88 before the final resistance at $2.58.

For his all-time high target, Dark Defender projects a move toward the 261.08% extension at $5.85. A price rally to this level could represent a staggering surge of more than 350% from $XRP’s present market value.

$XRP trading at $1.34 on the 1D chart | Source: XRPUSDT on Tradingview.com

Source