Analyst Predicts XRP Falling Wedge Breakout. Here’s the Target

Prominent cryptocurrency analyst Dark Defender (@DefendDark) has shared an update on XRP’s price action along with a detailed chart showing a potential climb for the digital asset. His recent analysis focused on the interaction between key support and resistance levels, as well as the momentum indicators on the daily timeframe. The update came after XRP faced rejection at $3.13 and subsequently revisited a major support zone. The analyst noted that the asset “once again tapped our support level” while also touching what he described as the Primary Support trend, highlighted in orange on his chart. Despite the rejection, he emphasized that “the structure remains as it is.” According to him, the daily Relative Strength Index (RSI) is nearing oversold territory , an area traders often watch for potential reversals. Hi all. What a wick was that? #XRP , after rejecting the $3.13, once again tapped our support level. It also touched the Primary Support trend in the orange colour we have been using so far. Well, the structure remains as it is. Daily RSI is getting closer to oversold. I know… pic.twitter.com/2lVKsQKQDG — Dark Defender (@DefendDark) September 22, 2025 Support and Resistance Levels Dark Defender’s chart continues to illustrate the falling wedge pattern he has been monitoring. He believes this formation will eventually break to the upside. At the time of his analysis, XRP maintained support at $2.8057, with another significant support zone identified at $2.64. These levels have been consistent references in his ongoing analysis, reinforcing their importance in the current market structure. On the resistance side, the analyst pointed to the $3.13 level as a notable rejection point. This level has now formed part of a broader zone where XRP must establish strength before it can attempt higher targets . The repeated interaction with these zones suggests that XRP is consolidating within a defined range, preparing for a potential breakout once market momentum aligns. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Targets and Future Outlook Dark Defender has outlined clear upward targets for XRP if the falling wedge breaks as expected. The first target sits at $4.17, followed by $4.92 and $5.85. These levels correspond to an Elliott Wave Cycle on the chart, and align with important Fibonacci extension levels. The sequence implies that once XRP clears its immediate resistance barriers, it could set off a wave of bullish price action extending into higher ranges. The update also carried a note on market sentiment. Dark Defender acknowledged that there is “huge disbelief at the moment,” especially if current conditions persist into October. He suggested, however, that traders should remain patient and focused on the larger technical structure. “The falling wedge will ultimately be broken,” he stated, encouraging followers to maintain confidence in the setup he continues to track. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Analyst Predicts XRP Falling Wedge Breakout. Here’s the Target appeared first on Times Tabloid .