XRP Breaks Resistance, Eyes $7.07 as Dark Defender Forecasts New Impulse Wave

XRP's technical outlook has shifted significantly, according to crypto analyst Dark Defender. The analyst points out that XRP completed its correction phase and is now showing early signs of a bullish reversal.

The consolidation period that lasted from the 2024-2025 rally peak at $3.65 to August saw XRP enter a lengthy downward trend within a descending channel, forming an A-B-C corrective pattern. Wave C found its low point near $1, pushing the token into a critical support zone.

XRP's recent surge over 50% in just under 72 hours marked a notable reversal and broke above its initial resistance level. The monthly chart closed well above this threshold, with many traders viewing this as a potential launchpad for future gains.