Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Dark Defender, a prominent XRP analyst, has drawn significant attention to the token, suggesting that XRP may be setting up a move that could take the market by surprise. Despite its struggle to decisively break above the $3 mark, XRP is now forming a Falling Wedge pattern that signals the potential for a powerful breakout by October. Falling Wedge Signals XRP Breakout By October
In a recent XRP price analysis, published on Monday, Dark Defender notedthat the third-largest cryptocurrency has once again respected its key support levels at $2.85, despite being rejectedat $3.13. The XRP price tapped into the primary support trendline, highlighted in orange on the chart, which has consistently held as a structural base. Related Reading Analyst Predicts XRP Price Will Definitely Reach $10,000, Gives Reasons Why 3 days ago
Importantly, the Relative Strength Index (RSI)is edging closer to oversold territory, a signal often associated with potential price reversals. While skepticism spreads across the market, Dark Defender insists that the XRP bullish structureremains intact and that disbelief itself is a sign that many could be caught off guard by what’s to come.
The analyst notes that the cryptocurrency has been consolidatingwithin a Falling Wedge pattern between July and September. According to him, October could be the month when XRP finally breaks free from the wedge and delivers a rally strong enough to surprise the broader market. Source: Chart from Dark Defender on X
Building on this momentum, Dark Defender has forecasted three potential price targets for XRP by October: $4.17, $4.92, and $5.85. These levels correspond to upper Fibonacci Extension zones, specifically 261.8%, 361.8%, and 236.8%, respectively. Meanwhile, XRP has its closest supports set at $2.80 and $2.64, ensuring a strong base for the projected Falling Wedge breakout. XRP Bullish Run Just Starting
Following his earlier predictions, Dark Defender further reinforcedhis bullish case by asserting that XRP has not begun its true rally. He suggested a power shift is underway, hinting that what the market has seen so far is only the beginning of a larger bullish wave. Related Reading Analyst Unveils 3-Month Prediction For Bitcoin, XRP, And Dogecoin – It’s Very Bullish 6 days ago
This perspective arrives at a time when XRP has already delivered a remarkable performance in 2025. According to CoinMarketCap’s data, the cryptocurrency has gained 384% Year-to-Date, a surge fueled by increasing demand, rumors of a potential XRP ETF, and renewed confidence after the conclusion of the Ripple-SEC lawsuit.
With XRP reaching a high of $3.65earlier this year and trading just over 5% shy of reclaiming its former all-time high of $3.84, Dark Defender remains certain that the asset’s real growth is still ahead. Based on this view, the recent pullback below $3is not seen as a weakness, but rather as a consolidation phase before the next leg higher.
He highlightedthat XRP is nearing the end of this corrective ABCDE consolidation phase and preparing for a lift-off. According to his chart analysis, once the cryptocurrency reclaims the $3.33 level, it could pave the way for double-digit prices. XRP trading at $2.82 on the 1D chart | Source: XRPUSDT on Tradingview.com Featured image from iStock, chart from Tradingview.com