According to crypto analyst Dark Defender, XRP could potentially increase in value by over 1,000% – potentially reaching over $10 – based on historical patterns. This prediction comes as XRP appears to be stabilizing around $1.4 following recent gains in the broader cryptocurrency market.
XRP Eyes Rally Above $10 As Price Looks To Mirror Past Gains
On X (formerly Twitter), analyst Dark Defender forecast a potential 1,008% increase for XRP, possibly reaching $18. This predicted surge mirrors the significant gains XRP experienced during the 2021 bull market, when its price climbed to $1.72. The analyst acknowledges that while history doesn’t exactly repeat, patterns often emerge, suggesting a similar upward trend for the cryptocurrency.
The analyst previously observed that XRP was holding its key support levels, and a recent dip on the weekly chart seemed to be over. They stated that if XRP stays above $1.31, a significant price move is likely. Currently, XRP is trading above $1.40, boosted by Bitcoin’s recent surge to around $82,000. This recovery in the crypto market is leading to renewed hope that the bull market has returned.
According to crypto analyst ChartNerd, XRP is preparing for a potential price increase. In a recent post on X (formerly Twitter), he noted that XRP has been trading in a narrow range for months, and is now showing signs of breaking out. He also pointed out that key moving averages are acting as resistance above its current price.
From my perspective, if the price can decisively break above $1.80, that would be a really important turning point. However, looking at where the most trading activity is happening, I see a few different short-term price movements are also possible, so it’s not a guaranteed outcome.
Analyst Points To Symmetrical Triangle On XRP’s Chart
Crypto analyst Egrag Crypto recently pointed out a significant pattern on XRP’s price chart: a symmetrical triangle. He explained that the price is squeezing into a tighter and tighter range, and historically, this often leads to a big price jump. While the potential price targets are becoming clearer, Egrag Crypto notes that XRP will likely face strong resistance between $1.80 and $1.90 if it tries to move higher.
According to Egrag Crypto, XRP is facing a significant barrier – not just a typical resistance level, but a major trend line. If XRP can decisively break through this level, especially with support from its White Line structure, the analyst believes it could quickly jump to $2.30. However, he still suspects a temporary, misleading price increase (‘fake pump’) is more likely initially, as these often trick traders before the actual price movement happens.
Currently, XRP is trading at approximately $1.41, a slight decrease from its price 24 hours ago, based on CoinMarketCap data.
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2026-05-07 14:48