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XRP could jump double digits if it breaks $1.56, says analyst citing Elliott Wave pattern.

Technical Signals
22 Oct 2026
Tokenpost
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Bullish
XRP could jump double digits if it breaks $1.56, says analyst citing Elliott Wave pattern.

Crypto analyst Dark Defender highlights $1.56 as a key resistance level for XRP, suggesting that surpassing it could trigger a double-digit price surge. His Elliott Wave analysis identifies $1.29 as support and outlines a completed ABC correction pattern, with potential Wave 3 targets at $1.88, $2.90, and $4.10. The daily relative strength index near 42 hints at a possible bullish crossover, supporting the optimistic outlook. This analysis aligns with other bullish forecasts, including a long-term target of $5.89 for 2028-2029.

XRP trades at Rp24.191 on Pluang as of Oct 22, 2026, 13:21 WIB, showing a modest 0.86% gain over the past day. The platform records a balanced order activity with 52% Sell and 48% Buy, while typical holders keep their XRP for around 72 days. This current trading behavior provides a real-time backdrop to Dark Defender's technical outlook and resistance level insights.

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