XRP Price May Have Found Bottom, Analyst Predicts New All-Time High

A recent analysis by Dark Defender, a crypto market expert, has sparked interest in the XRP community as he projects that the cryptocurrency may have found its bottom and is poised to reverse its downtrend towards a new all-time high.

Dark Defender points to three technical signals supporting his bullish thesis: the completion of XRP's corrective wave C structure, a triangle breakout, and a Relative Strength Index (RSI) bullish cross.

The analysis highlights that XRP has completed a classic five-subwave impulse decline in wave C, marking its potential bottom at $1.31. The chart also shows a resistance-support triangle, with the price having broken above the upper resistance trendline.