Analyst Says It Doesn’t Matter What Analysis You Use, XRP Price Is Set To Explode

The XRP price action continues to dominate analysts’ discussions as bullish technical setups point toward a potential ￰0￱ crypto analyst Dark Defender has shared insights that reinforce this bullish sentiment, noting that regardless of which technical framework traders apply, the outcome points to the same conclusion: XRP is poised to ￰1￱ Price Predicted To Explode Soon Dark Defender has declared that “all roads lead to Rome” as XRP’s long-awaited Cup and Handle formation is now nearing ￰2￱ the weekly chart, XRP successfully carved out a rounded cup portion after months of ￰3￱ cryptocurrency is finishing the “handle” portion of the pattern, a final corrective move before a potentially powerful ￰4￱ Reading: The End To The XRP Price Pullback?

Here’s When To Buy In addition to the Cup and Handle pattern, Dark Defender highlighted in his post on X social media that Elliott Wave analysis aligns with this bullish ￰5￱ ABC correction within the handle suggests that XRP may have already finalized its retracement, now positioning itself higher for the next impulsive ￰6￱ retracement levels further confirm this setup, with price action reportedly holding firmly above the 23.06% retracement at $2.85 and establishing strong support for the next ￰7￱ Defender emphasized that the next major target for XRP could be as high as $5.85, corresponding with the 261.8% Fibonacci Extension ￰8￱ to the analyst, the convergence of multiple technical methods—whether through the Cup pattern, historical patterns, or Elliott Wave—all confirm the same bullish outcome for ￰9￱ Flag Scenario Repeats Another critical factor adding to the bullish sentiment is XRP’s possible repeat of a Bull Flag formation that has historically preceded ￰10￱ a new analysis on X, Dark Defender referenced a scenario from November 2024, when XRP was trading at $1.13.

At the time, the analyst anticipated a move toward $2.40 based on a Bull Flag ￰11￱ pattern played out successfully, with the cryptocurrency’s price rallying exactly as ￰12￱ Reading: Key Levels To Watch In Light Of XRP’s Macro Future Now, XRP appears to be setting up for a repeat ￰13￱ the current weekly chart, the cryptocurrency is consolidating within another Bull Flag following a sharp upward ￰14￱ flag is tightening just above the $3 mark, with immediate support levels at $3 and $2.85. Dark Defender indicated that holding these levels is critical, as it could validate the bullish continuation pattern and potentially set the stage for the next ￰15￱ on the analysis, the upside targets of this Bull Flag formation are ￰16￱ extensions identify XRP’s next bullish targets at $3.35 (70.2%), $4.39 (161.8%) and an ultimate move toward $5.85 (261.8%).

Dark Defender has highlighted that this repeating pattern is a clear signal that XRP is getting ready for its next major bullish phase, just as it did in late ￰17￱ image from Getty Images, chart from ￰18￱