Dark Defender, a prominent XRP analyst, has drawn a lot of attention to the token, which suggests that XRP may be set A movement that can surprise the market. Despite its struggle to break decisively above the $ 3 marking, XRP is now a falling wig pattern that the potential for one powerful outbreak by October.
Falling Wedge Signals XRP Breakout by October
In a recent XRP -Price analysisPublished on Monday, Dark Defender noted that the third largest cryptocurrency has again respected his most important support levels at $ 2.85, even though it is rejected for $ 3.13. The XRP price tapped the primary support trend line, marked in Orange on the graph, which consistently held as a structural basis.
Related lecture
The important is the Relative strength -Index (RSI) Comes closer to over -sold territory, a signal that is often associated with potential price outlets. While Scepsis spreads across the market, Dark Defender insists that The XRP Bullish structure Stays intact and that disbelief itself is a sign that many can be overwhelmed by what is coming.
The analyst notes that The cryptocurrency is consolidated Within a falling wig pattern between July and September. According to him, October could be the month in which XRP finally breaks free from De Wig and delivers a rally strong enough to surprise the wider market.
Building currently, Dark Defender has predicted three potential price goals for XRP by October: $ 4.17, $ 4.92 and $ 5.85. These levels correspond to the upper Fibonacci extension zones, in particular 261.8%, 361.8%and 236.8%, respectively. In the meantime, XRP has set its nearest support at $ 2.80 and $ 2.64, which means that a strong basis for the projected Falling wedge outbreak.
XRP Bullish Run just starts
After his earlier predictions, Dark Defender strengthened His bullish business by claiming that XRP did not start his true rally. He suggested that a power shift is going on, and hinted that what the market has seen so far, only the Start of a larger bullish golf.
Related lecture
This perspective comes at a time when XRP has already delivered a remarkable performance in 2025. According to Coinmarketcap data, the cryptocurrency year has won 384% to date, a wave fed by increasing demand, rumors about one Potential XRP ETFand renewed trust after the conclusion of the Ripple-SEC Legal.
Of XRP reaches a highlight of $ 3.65 Earlier this year and the actions of slightly more than 5% shy for recovering his former all -time $ 3.84, Dark Defender remains sure that the real growth of the asset still occurs. Based on this vision, the recent Pullback under $ 3 Is not seen as a weakness, but rather as a consolidation phase for the next leg higher.
He marked That XRP is approaching the end of this corrective ABCDE consolidation phase and is preparing for a lift-off. According to its graph analysis, as soon as the cryptocurrency gets the level of $ 3.33, it can clear the road for double digits.
Featured image of Istock, graph of TradingView.com