

A crypto expert predicts that XRP could reach a new all-time high, citing three key technical indicators that suggest the cryptocurrency's downtrend may have ended. Despite a significant drop from its previous peak, the analysis points to a potential price reversal in the near future.
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 XRPâs corrective phase may have ended, citing three technical indicators that support his bullish thesis.Â
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 XRPâs corrective wave C structure, a triangle breakout, and a Relative Strength Index (RSI) bullish cross.Â
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 XRPâs price up to its $3.6 peak in 2025 before reversing once again and setting the stage for wave C.Â

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 XRPâs 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 XRPâs prolonged bearish move from the wave B peak may be over, potentially giving way to a new bullish impulse.Â
In addition, the chart shows that the ABC corrective wave formed between two converging trendlines, creating what Dark Defender called a âresistance-support triangle.â 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. Â
While the orange resistance trendline capped price action before XRPâs recent breakout, the yellow support line on Dark Defenderâs 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 XRPâs 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.Â
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 XRPâs present market value.
XRP trading at $1.34 on the 1D chart | Source: XRPUSDT on Tradingview.com
Featured image from Adobe Stock, chart from Tradingview.com
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The three technical indicators are the completion of XRPâs corrective wave C structure, a triangle breakout, and a bullish cross on the Relative Strength Index (RSI).
XRP has dropped more than 60% from its all-time high of over $3.5, which it reached last year.
The analysis projects a price recovery timeline extending into mid-to-late 2026, based on an Elliott Wave chart covering the period from April 2025.
The crypto analyst making the prediction is Dark Defender, who has released a detailed analysis of XRP's market movements.






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