XRP may be poised for a significant rally, potentially reaching a new all-time high of $5.85, according to crypto analyst Dark Defender. The analyst highlights three key technical indicators suggesting that XRP's prolonged downtrend might have ended. These include the completion of XRP's corrective wave C structure, a breakout from a resistance-support triangle, and a bullish crossover in the Relative Strength Index (RSI). Dark Defender's analysis, based on an Elliott Wave chart, indicates that XRP has completed its ABC corrective pattern, with the final wave C marking a potential bottom near $1.31. The recent breakout above a long-standing resistance trendline further supports the possibility of a new uptrend. The analyst outlines potential upside targets, with the ultimate goal being a 261.08% extension at $5.85, representing a potential 350% increase from current levels.