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XRP Is Breaking The Initial Weekly Resistance. Here’s The Implication

Prominent crypto market analyst Dark Defender has spotlighted a pivotal move for XRP, revealing that the digital asset has broken its initial weekly resistance. His recent X post features a detailed weekly chart that shows XRP breaching the downward trendline that has constrained its price action for months. 

According to Dark Defender, this breakout suggests the end of a prolonged corrective phase and the start of a potentially powerful bullish wave.

Key Price Levels and Fibonacci Support

Central to Dark Defender’s analysis is the Fibonacci retracement zone, specifically between $2.64 and $2.86. This 50%–61.8% retracement band acts as the critical make-or-break region. Sustained weekly closes above this zone would validate the bullish thesis and maintain the trajectory toward higher Fibonacci extension targets. 

A decisive weekly close below, however, would undermine the bullish outlook and force a reevaluation of the current wave count.

Momentum Indicators Strengthen the Case

Beyond price action, Dark Defender highlights encouraging momentum signals. His chart shows the Relative Strength Index (RSI) curling upward from neutral territory, a sign of renewed buying pressure. 

Coupled with an Ichimoku cloud that provides supportive structure beneath current price action, these indicators collectively point to growing bullish momentum. The convergence of the RSI and moving averages reinforces the likelihood that the breakout is more than a temporary spike.

Current Market Position

As of report time, XRP trades around the $3.00 mark, positioning it squarely within the critical retracement zone Dark Defender outlined. Market observers are closely watching weekly candle closes, as holding these levels could open the door to the next major move upward.

Any slip back below $2.64 would signal caution and could reset expectations across the broader market.

Outlook and Potential Targets

If XRP maintains support above the retracement band, Dark Defender’s model keeps higher Fibonacci extension targets firmly in sight. These include $4.39 as the next significant milestone and a more ambitious $5.85 level if bullish momentum persists. 

These targets hinge on XRP continuing to respect the weekly breakout structure and sustaining buying pressure. Traders are advised to remain vigilant, as a close below the key zone would invalidate these projections and delay the next leg of the rally.

Dark Defender’s latest analysis underscores the importance of the current market structure. With XRP breaking its initial weekly resistance, the coming weeks will determine whether this breakout evolves into a long-anticipated bullish surge or fades back into consolidation.

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 urged to do in-depth 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.


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Zaccheaus Ogunjobi
Zaccheaus Ogunjobi
I am a passionate and experienced writer with a strong focus on cryptocurrency and the financial landscape. With a keen eye for market trends and emerging financial technologies, I strive to deliver insightful, well-researched content that educates and informs. Whether breaking down complex financial concepts or analyzing the latest market movements, my goal is to make finance accessible and engaging for a wide audience.
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