Market analyst Dark Defender has identified a hidden bullish divergence pattern on XRP, a technical signal that has historically preceded major rallies in the cryptocurrency. The pattern occurs when XRP's price forms a higher low while the Relative Strength Index (RSI) posts a lower low, suggesting the broader uptrend remains intact despite temporary pullbacks. According to the analyst, this setup combined with rising RSI lows indicates that bullish momentum is rebuilding as selling pressure eases and buyers defend key support levels, with XRP currently trading at $1.16 according to CoinCodex. The technical analysis comes as XRP challenges the $1.30 resistance zone following recent clearing of key technical hurdles.
Dark Defender Identifies Hidden Bullish Divergence Pattern on XRP
Dark Defender states that XRP is displaying a hidden bullish divergence, a continuation pattern that occurs when price forms a higher low while the Relative Strength Index (RSI) posts a lower low. According to the analyst, this setup typically suggests that the broader uptrend remains intact, even after a temporary pullback, with buyers quietly maintaining control.
The analyst believes this pattern, combined with rising RSI lows, shows that bullish momentum is steadily rebuilding beneath the surface. Dark Defender states that rather than signaling weakness, XRP appears to be entering an accumulation phase as selling pressure eases and buyers continue defending key support levels.
The RSI is reinforcing the bullish outlook according to the analysis. Higher RSI lows after a correction often indicate strengthening buying pressure before price accelerates higher, a signal many traders watch for ahead of major breakouts.
XRP Targets $3 Level as Technical Indicators Strengthen
With XRP trading at $1.16 according to CoinCodex, Dark Defender sees the next major target being the $3 level, a psychologically important milestone that would represent a significant breakout from current prices.
The convergence of hidden bullish divergence, strengthening RSI, and resilient price action has drawn the attention of traders searching for early confirmation of a sustained uptrend. A decisive breakout above nearby resistance, backed by strong trading volume, would further reinforce the bullish case according to the analysis.
XRP recently cleared another key technical hurdle and is now challenging the $1.30 resistance zone according to the source.
Upbit Exchange Records Surge in XRP Trading Volume
Trading activity on South Korea's Upbit exchange has surged, with XRP recently recording higher trading volume than Bitcoin, a sign of growing investor demand according to the article.
For Dark Defender, the message from XRP's chart is becoming increasingly clear that momentum is building, bullish continuation signals remain intact, and if buyers stay in control, the path toward a breakout and a potential move to $3 could become increasingly achievable.
FAQ
What is hidden bullish divergence on XRP?
Hidden bullish divergence is a continuation pattern that occurs when XRP's price forms a higher low while the Relative Strength Index (RSI) posts a lower low. According to Dark Defender, this setup typically suggests that the broader uptrend remains intact, even after a temporary pullback, with buyers quietly maintaining control.
What is Dark Defender's price target for XRP?
Dark Defender identifies the $3 level as the next major target for XRP, which is trading at $1.16 according to CoinCodex. The analyst states this represents a psychologically important milestone that would be a significant breakout from current prices.
What trading activity has been observed on Upbit exchange?
Trading activity on South Korea's Upbit exchange has surged, with XRP recently recording higher trading volume than Bitcoin according to the source, which is described as a sign of growing investor demand.
