Cryptocurrency analyst Dark Defender has presented a technical analysis suggesting that XRP may reach a new all-time high, highlighting three chart signals forming on the weekly and monthly time frames. Currently, XRP is trading at $1.35, with a market cap of approximately $82.6 billion, making it the fourth largest cryptocurrency, while the token's historical peak was $3.65, reached in July 2025.
Three Technical Signals Supporting a Bullish Outlook for XRP
The core of Dark Defender's analysis is based on three converging trend lines. Two of these form a symmetrical triangle on XRP's long-term chart, while the third is a multi-year descending trend line that XRP has broken through on the monthly time frame.
The breakout of this long-term descending resistance line is the first signal. According to the analyst's framework, breaking this line shifts XRP's monthly structure from bearish to neutral-bullish for the first time since the peak of the 2021 cycle.
The second signal comes from Fibonacci extensions drawn based on the triangle pattern. Key levels include a 70.2% resistance at $0.6649, a 161.8% extension target at $1.88, and a 261.8% extension target at $5.85. XRP has successfully broken through the first level, with the current trading range between 70.2% and 161.8%.
The third signal involves momentum confirmation from Heikin Ashi candlesticks and the MACD indicator. At the time of the original analysis, the average price of the monthly Heikin Ashi candle was $0.57, while the monthly MACD has shown green dots, which are typically viewed by technical traders as an early indication of bullish momentum shift.
Source: @DefendDark on X
Confirming or Denying the Possibility of XRP's Breakout Case
To maintain the validity of the bullish argument, XRP needs to reclaim the 161.8% Fibonacci level of $1.88 and hold it as a support level. If it can sustain above this area, the historical high of $3.65 will once again become the next major resistance level.