XRP traders are bracing for a potential breakout after two of the asset’s most-followed analysts, Dark Defender and EGRAG CRYPTO, issued synchronized bullish signals pointing to a major move in the coming weeks.
At press time, XRP trades just above $2.22, the critical support level highlighted by Dark Defender as “the final frontier.” The analyst noted that the RSI has returned to levels last seen in November 2024, when a similar setup triggered a strong upside impulse.
XRP Rebounds at $2.22: Key Resistance Ahead
Dark Defender’s updated three-day chart shows XRP consolidating inside a symmetrical triangle, suggesting accumulation before a decisive breakout. He confirmed that XRP “bounced exactly from $2.22,” a support zone that has repeatedly held since early October.
The next resistance levels sit at $2.85 and $5.85, and a breakout above the orange resistance zone could ignite what the analyst describes as a “hell bullish” phase.
“Everybody will switch hell bullish very soon, after XRP breaks the Orange Resistance,” he said, pointing to a projected Elliott Wave pattern that could propel XRP beyond $5.80 and potentially to $10 if the momentum holds.
Long-Term Holders “Locked In” for $10 Target
Echoing this optimism, EGRAG CRYPTO emphasized that XRP remains locked above the 100 EMA on the monthly chart, a technical threshold he says defines the bull market structure. He identifies $0.85 as the ultimate bear-market floor, arguing that even in the event of a pullback, XRP’s macro structure remains intact.
EGRAG’s chart projects a long-term target near $10.50, labeling it the “life-changing” zone for XRP holders. He urged traders to “stay steady and strong,” stating:
“We’re set to change our lives and others’ at $10. Stay locked in.”
Market Sentiment Flips as RSI Aligns with 2024 Levels
On-chain data and RSI indicators appear to support the analysts’ bullish thesis. With momentum oscillators nearing the same levels that preceded the 2024 rally, traders are closely watching for confirmation of a breakout above $2.85, a move that could accelerate XRP’s next parabolic phase.
Both Dark Defender and EGRAG CRYPTO agree that XRP’s structure is tightening and that volatility is imminent. If confirmed, a successful breakout could mark the beginning of XRP’s strongest price cycle since 2021.
With support holding firm at $2.22 and momentum building across multiple timeframes, XRP’s next major move may not just be another rally, it could be the start of a new wave toward $5.85 and beyond.