XRP is about to welcome a "shock market" breakthrough? Analyst: Price soars to $5.85 in October.

Renowned Crypto Assets analyst Dark Defender's latest Technical Analysis shows that XRP has formed a clear falling wedge pattern, indicating a potential breakthrough pump in October. The analyst predicts that this breakthrough will “shock” the market and has provided three key price targets: $4.17, $4.92, and $5.85. Multiple technical indicators suggest that XRP's true bull run may just be beginning.

XRP technical pattern indicates explosive breakout is imminent in October

(Source: Trading View)

Despite XRP encountering resistance at $3.13 recently, renowned analyst Dark Defender's latest research indicates that this short-term adjustment actually lays the groundwork for a larger-scale pump. According to his analysis, XRP has successfully stabilized at the key support level of $2.85 and has touched a major support trend line that serves as a structural foundation.

“XRP is currently in a key technical pattern,” Dark Defender pointed out in the latest analysis, “from July to September, the price has been operating within a falling wedge, which is typically a precursor to a strong pump.”

It is particularly noteworthy that the Relative Strength Index (RSI) of XRP is approaching the oversold region, a technical indicator that typically indicates a price reversal is imminent. Dark Defender believes that the general skepticism in the market towards XRP is actually a positive signal, suggesting that many investors may be caught off guard by an impending price explosion.

Three key price targets have been locked in

Based on the technical analysis of the falling wedge breakout, Dark Defender has set three clear price targets for XRP:

First target: $4.17 (corresponding to Fibonacci 261.8% extension level)

Second target: $4.92 (corresponding to Fibonacci 361.8% extension level)

Third target: $5.85 (corresponding to Fibonacci 236.8% extension level)

At the same time, analysts point out that XRP's recent support levels are at 2.80 dollars and 2.64 dollars, providing a solid foundation for the expected breakout.

“The solidity of these support levels provides enough bounce space for XRP,” Dark Defender explained, “Once we break through the upper trendline of the falling wedge, we could see a rapid and strong pump.”

“The real bull run has not started yet”: XRP long-term outlook analysis

While further elaborating on his bullish outlook, Dark Defender stated that the real rebound for XRP has actually yet to begin. He hinted that the market is undergoing a “power shift,” and the price performance observed currently is merely a precursor to a larger bull run.

This viewpoint is particularly striking because XRP has already achieved remarkable performance in 2025. According to data from CoinMarketCap, XRP has risen 384% year-to-date, a growth primarily driven by the following factors:

The demand for XRP in the market continues to grow

The potential possibility of XRP ETF approval increases.

· Investor confidence has been restored after the conclusion of the Ripple vs. U.S. Securities and Exchange Commission (SEC) lawsuit.

Although XRP reached a high of $3.65 earlier this year, the current trading price is only slightly more than 5% lower than the historical high of $3.84, Dark Defender still firmly believes that the actual growth prospects of this asset remain bright.

“The recent pullback below $3 is not a sign of weakness, but a necessary consolidation phase before the next round of upward movement,” he emphasized.

ABCDE correction is about to be completed, paving the way for a two-digit price

(Source: Trading View)

Technical analysis shows that XRP is nearing the completion of the so-called “ABCDE corrective consolidation phase,” which is a complex corrective pattern in Elliott Wave Theory. According to Dark Defender's chart analysis, once XRP returns to the level of $3.33, it may pave the way for a two-digit price target.

“The technical structure of XRP remains intact,” Dark Defender summarized, “when the market is generally skeptical, it is often the best time to enter. The breakout in October will surprise many.”

For XRP investors, the key at the moment is to closely monitor the stability of the support level at $2.85 and whether the price can regain the $3 mark. If these conditions are met, the breakout surge in October may become a reality as predicted by Dark Defender.