Okay, folks, brace yourselves. XRP has decided it wants to throw a party at $6. 🎉 Now, you might be wondering, “Is this for real?” Well, Dark Defender, a trader who probably has a cape and an unreasonably strong opinion about Fibonacci levels, says so. It’s holding strong, right where its entire correction ended, like a stubborn child who refuses to leave the candy store. 🍬
The last drop (you know, the one that everyone cried about) hit the 161.80% Fibonacci zone, did a little dramatic bounce, and now it’s too scared to go back. Seriously. XRP has avoided that spot like it’s trying to dodge a bad ex. So, yeah, from this point, the trader’s map to $6 looks like it’s all set. A very promising $5.85 to $6 range, if you’re into that kind of thing.
Here’s how this whole drama unfolds: The A-B-C correction? Done. It’s over. Finito. That final C-leg bottomed out right in that deep retracement pocket, which is basically a VIP area where reversals like to hang out and sip champagne. After that, XRP did what we all wish we could do on a Monday morning: bounce back up. And the RSI, that little troublemaker, hit its lowest reading of the year and then shot up like it had just discovered coffee.
But here’s the kicker. There’s this one line. A diagonal resistance line that’s been playing the villain since summer. XRP tried to break through it a few times, but it was like trying to get past security at a club without the right guest list. So, the trader has decided to pin the entire $6 dream to this stubborn line. Break it, and we’re all rolling in the XRP dough. Don’t break it? Well, we stay stuck in this “I’ll try again tomorrow” limbo.
Key XRP levels to watch
First stop: $2.22. 😎
Second stop: around $3, because why not?
Final stretch: $5.85 to $6. This is the golden range, based on Fibonacci extensions, which sounds fancy, but really it just means “good vibes and previous waves.” 🌊
The long channel that’s been guiding XRP’s price all year? Yeah, it’s still there, just hanging out, supporting this whole “XRP to $6” narrative like a solid friend who believes in you, even when you’re not sure yourself. The upper boundary of that channel? Oh, it’s just chilling close to the trader’s high target. 🙄
So, it all boils down to one thing: breakout. If XRP manages to break that diagonal resistance (the one that kept slamming the door in its face all summer), then it’s smooth sailing. If it doesn’t? Well, guess we’re stuck in this cycle of “one day, one day” until the next attempt.
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2025-11-28 18:57