XRP appears poised for a significant upward move after finalizing its correction in the four-hour time frame, according to crypto analyst Dark Defender. With bullish structures aligning on the daily chart, projections indicate an initial target of $2.42, with the potential for a much larger rally once XRP clears a key technical barrier—the Ichimoku cloud. As the market gears up for this next phase, investors are closely watching critical support and resistance levels that could dictate the trajectory of the asset in the coming weeks.
Technical Outlook
Dark Defender’s analysis highlights that XRP has completed its recent correction, setting the stage for a renewed push higher. The daily time frame indicates that the asset is currently moving within a well-defined structure, with price action suggesting an imminent breakout. The first crucial milestone is $2.42, a level that could act as a springboard for further gains.
The Ichimoku cloud, a widely used indicator for identifying trends and momentum shifts, plays a pivotal role in XRP’s next move. While XRP is still below this cloud on the daily chart, a decisive break above it would signal strong bullish momentum, potentially triggering a sustained uptrend. Historically, assets that clear the Ichimoku cloud with volume confirmation tend to experience accelerated price appreciation, making this a crucial level to watch.
Hi all! I hope you are well!
XRP has finalised the correction on the four-hour time frame! Below is the daily time frame.
Considering the correction structures, XRP is expected to move towards $2.42 first. The real momentum will start after XRP stands above the Ichimoku… pic.twitter.com/Wh4u3PUogO
— Dark Defender (@DefendDark) March 12, 2025
Support and Resistance Levels: Key Price Zones to Watch
For XRP to maintain its bullish outlook, key support and resistance levels must hold. Dark Defender identifies two primary support zones at $2.22 and $2.04. These levels serve as crucial buffers that could prevent deeper retracements and provide a foundation for the next leg up.
On the upside, XRP is targeting significant price levels at $4.2932 and $5.8563. These targets align with historical resistance zones and Fibonacci extensions, suggesting that if momentum builds, XRP could see a rapid ascent toward these price points. Given the asset’s past price movements, a break above $2.42 could initiate a parabolic rally, with market participants eyeing these higher targets as the next logical steps.
Market Sentiment and Catalysts Driving XRP
Beyond technical analysis, broader market factors could play a role in XRP’s trajectory. The resolution of the Ripple vs. SEC lawsuit is expected to provide much-needed regulatory clarity, which could fuel renewed institutional interest in XRP. Additionally, macro trends such as increasing adoption of blockchain payments and the potential for a new crypto bull cycle could further enhance bullish sentiment.
With XRP’s correction phase now behind it and strong technical indicators pointing to an upside breakout, the asset appears to be at a critical juncture. Should price action align with Dark Defender’s projections, XRP could be gearing up for one of its most significant moves in recent years. The coming days will be pivotal, as traders and investors monitor whether XRP can stand above the Ichimoku cloud and confirm its next major rally.
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