XRP Eyes $36: Chart Analysis Signals Major Uptrend Ahead

XRP has demonstrated remarkable resilience in recent months, recovering from September lows of $2.70 to trade at $3.02 at press time. This recovery follows a significant technical milestone: the cryptocurrency has broken free from an eight-year bear trend that had capped rallies since 2018. According to chart analysis, XRP has moved out of distribution into expansion on a quarterly horizon, marking what appears to be a sustainable change in trend direction.

The breakthrough above long-term resistance represents a critical structural shift. For the first time in years, the lower trend line that had constrained XRP’s price action has been decisively broken. Following the initial breakout, the token corrected back into the same region, which is now acting as support—a classic ‘break and retest’ pattern that technical analysts consider indicative of genuine trend changes rather than false breakouts.

Technical analyst Dark Defender, who has developed a community following for his XRP chart analysis, identifies what he calls the ‘flight of the phoenix’ pattern. His examination of XRP’s long-term chart reveals two distinct cup-like formations. The first, spanning from 2013 to 2017, concluded with a dramatic price surge once resistance levels were eliminated. The current pattern, developing from 2018 to 2025, appears to be completing a similar formation.

This technical setup suggests XRP may be probing a crucial level that could trigger another massive surge. The complete ‘cup pattern’ formation, when analyzed against historical precedents, provides the basis for ambitious price projections. The symmetry between the current setup and the 2013-2017 pattern that preceded XRP’s previous historic rally lends credibility to the bullish outlook among technical traders.

The technical analysis identifies specific Fibonacci extension targets that provide a roadmap for XRP’s potential upward movement. The initial objective sits at $5.86, representing the first significant resistance level. Beyond this, analysts project a mid-stage target of $18.23, with the ultimate extension goal reaching $36.77 if momentum is maintained and liquidity increases dramatically.

These projections are not arbitrary but are based on established technical trading methodologies commonly applied to cryptocurrency markets. The $36.77 target represents a potential gain of over 1,100% from current levels, though analysts emphasize that reaching this objective would require sustained bullish momentum and significantly increased market participation.

Despite the optimistic technical outlook, several risk factors could derail the bullish scenario. A close below the $1.00 to $1.70 support level would significantly weaken the bull case, while abandonment of the long-term chart’s parabolic support curve would signal exhaustion of the upward momentum. These levels represent critical thresholds that traders are monitoring closely.

The baseline scenario suggests XRP could consolidate within the $3 to $4 range before expanding toward the $6 level. A faster pathway, should buying pressure intensify, could propel the coin into the $10 to $18 region within the coming quarters. As September’s trading demonstrated resilience with buyers immediately returning after the dip to $2.70, investors are now watching the final quarter of 2025 to see if XRP begins its much-anticipated phoenix rise toward these technical targets.