- XRP analyst Dark Defender says XRP’s bullish structure is nearly complete, with resistance at $2.85 and $5.85 in sight.
- XRP’s strong $2.22 support remains key as momentum builds for a potential breakout.
- CoinCodex sees XRP hitting $5 by 2029, but traders are watching for a short-term surge if the orange resistance breaks.
According to crypto analyst Dark Defender, XRP may be on the verge of a major bullish move after holding firm around the $2.22 support level. In his latest post, the analyst noted that XRP’s 4-hour and 3-day charts show the token completing a key structure, with momentum indicators such as the RSI aligning closely with conditions seen before XRP’s previous rallies. “We can expect moves inside the triangle below,” he said, “and everybody will switch to bullish very soon after XRP breaks the orange resistance.”
Resistance and Support Levels to Watch
Dark Defender’s chart identifies $2.22 as strong support — where XRP recently bounced — and outlines $2.85 and $5.85 as the next key resistance levels. The analyst expects XRP to finish its current Wave 2 within this triangular structure before breaking upward, potentially initiating a rally toward the $5.85 target. He even hinted at a “road to double digits” in the longer term, suggesting broader optimism for Ripple’s price trajectory once the breakout is confirmed.
Broader Market and Long-Term Outlook
While short-term technicals look favorable, other platforms like CoinCodex offer a more conservative outlook. Their model forecasts XRP trading near $2.63 in November, with a gradual climb to around $5 by 2029. This divergence highlights how XRP’s long-term performance may depend not just on chart structures, but also on macroeconomic conditions and broader adoption of Ripple’s payment solutions.
