XRP Targets $18.22, Here is The Critical Level It Must Break to Trigger a Massive Spike

XRP is currently at a critical level, with the potential to trigger a major price spike if it can break through the $0.6649 resistance level. Dark Defender, a market analyst, believes that breaching this level could lead to a bull run similar to the one seen in 2017. XRP has been consolidating between $0.6649 and $0.3917 over the past few months, indicating a buildup of pressure. Dark Defender predicts that if XRP can sustain a breakout above $0.6649, it could eventually reach a target price of $18.22 in the longer term. In the short term, there are two crucial support levels at $0.5286 and $0.4623 that could help defend against further declines. The Relative Strength Index (RSI) on the weekly chart shows higher lows, suggesting that sellers are losing momentum, and a golden cross formation indicates potential bullish momentum. Dark Defender also draws parallels between the current market conditions and those before XRP’s historic 2017 bull run, suggesting the possibility of a significant rally. The current daily chart shows XRP trading slightly above a rising trendline, indicating a bullish bias in the short term. However, the Daily Momentum Index (DMI) indicators show a mixed picture, with bears still having the upper hand and a relatively weak trend as indicated by the Average Directional Index (ADX).