XRP breaks resistance, eyes $7.07 as Dark Defender projects new impulse

Consolidation period ends

After reaching a peak at $3.65 during the 2024-2025 rally, XRP entered a lengthy consolidation phase. The price gradually declined, moving within a descending channel and forming what chart technicians term an A-B-C corrective pattern. Wave C found its low point near $1, pushing the token into a zone seen as critical support by traders.

This trend continued until August, when XRP registered a notable reversal. In just under 72 hours during the latter part of the month, the token surged over 50%. Price action managed to decisively break above its initial resistance level, and the monthly chart closed well above this threshold. Many traders now regard this monthly close as a potential launchpad for future gains.

August closed with a green bullish candle. $XRP is breaking the initial resistance. These are the signals of a new impulse! Resistances: $1.88, $4.11, $5.85. Targets: $7.07 and a double-digit range.

Technical developments on the chart

The latest chart analysis reveals that the A-B-C correction has completed, with the lowest point aligning with the bottom of the Ichimoku cloud and coinciding with a support zone. The Relative Strength Index (RSI) is beginning to rise from its recent lows and is now poised to cross above its signal line, a development often viewed by technical traders as an indicator of a trend reversal ahead.

Dark Defender’s projection suggests the start of a new impulse phase. Fibonacci extension levels serve as the analyst’s main targets, with immediate price resistance seen at $1.88, followed by more ambitious levels at $4.11 and $7.07. While the precise “D.D.” target was not specified, it was described as falling into double digits. This aligns with similar predictions by other market participants, who have suggested longer-term goals ranging between $15 and $50.

Mini dictionary: Ichimoku cloud, a technical analysis indicator that identifies support, resistance, trend direction, and momentum through various averages plotted on a price chart.

Resistance and price targets

According to Dark Defender’s latest update, the three nearest resistance levels for XRP are $1.88, $4.11, and $5.85. The analyst’s primary target is now $7.07, while the ultimate objective remains within the double-digit price band. XRP’s current price stands at $1.3825, situated between the 50% retracement level of $1.2939 and the 85.4% retracement level at $1.5692. Clearing the $1.88 resistance is considered vital for confirming the validity of the bullish setup.

Analyst’s message to holders

In a message aimed at long-term supporters, Dark Defender encouraged the community by acknowledging their perseverance throughout XRP’s periods of difficulty. The chart now highlights the asset’s breakout above initial resistance, and if the predicted impulse wave materializes, the first major destination would be $7.07, followed by the much-anticipated double-digit target.

“You have survived every difficulty; don’t forget how much you’ve made it through.” The projection now points to $7.07 as the next landmark, with the possibility of double-digit values on the horizon.