XRP’s long-term price chart is reaching a pivotal point, as highlighted by popular analyst Dark Defender (@DefendDark).
In a recent post accompanied by a monthly chart, the analyst said “no room is left” in the current formation, implying that XRP is on the edge of a major price movement.
Dark Defender’s chart indicates a multi-month compression within a triangle bounded by two key trendlines: the ultimate resistance line (drawn in orange) and the ultimate support line (drawn in blue).
These lines are converging sharply toward June and July, leaving minimal space for price action to continue without a clear breakout or breakdown. The convergence has been labeled on the chart as an “Explosive Trigger,” signaling a possible catalyst ahead.
No room left on the Monthly Chart.#XRP is Ready, #XRPArmy. pic.twitter.com/YoiK7gqnad
— Dark Defender (@DefendDark) June 20, 2025
Meanwhile, another prominent analyst recently reiterated this belief, stating that the asset must decide on a direction as it has hit the end of its consolidation phase.
Support and Resistance Levels
The ultimate resistance trendline connects lower highs formed since XRP’s previous peak in January, creating a consistent ceiling on upward movements. On the other side, the support trendline, in place since the major low around late 2024, has held up over several candles.
The price currently sits close to $2.17, narrowly above this support and under the resistance, forming a tight wedge. Below the support level, the chart references a Fibonacci extension at the 161.8% level, located around $1.88. This area could act as the next significant target in the event of a breakdown. However, the focus of the chart and annotations leans heavily toward a breakout scenario.
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A prominent analyst recently predicted that XRP will hit its cycle top on July 21, and the breakout from this consolidation could force the asset in an upward direction, potentially sending it to a new all-time high.
XRP is Ready to Move
Dark Defender concluded the chart with a bold statement that the XRP army is ready, indicating confidence in an imminent and significant move. An expert recently stated that June and July will separate the believers from the regretters, suggesting that the asset’s performance in these months could validate the faith the community has held for years.
The pattern has been forming over several months, with diminishing volatility leading to this critical decision point. Whether this results in a breakout toward previous highs or a retest of lower Fibonacci levels remains to be seen. However, from a structural standpoint, the conditions for high-magnitude upward movement are now in place.
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 advised to conduct thorough 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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