The Bull Market of XRP has stalled, and holders are becoming increasingly impatient with the ongoing range pattern. After reaching a seven-year high of $2.87 last week, the explosive Bull Market momentum of XRP has lost its spark.

After that, it dropped to nearly $2, rebounded, fell again, and is currently rebounding. As of the time of writing, the trading price of XRP is $2.40, up 3% in the past 24 hours.

XRP rose to $4.1 and $5.85
Although XRP's performance in the past few days has not been encouraging, analysts assure that the asset is just warming up. One of them is Dark Defender, a well-known technical analyst.

"We are warming up," he said in a statement, referring to the X delivery, referring to the price trend of XRP. He then emphasized the resistance levels and support areas that enthusiasts can observe based on Fibonacci retracement levels.

According to Dark Defender, if the Bull Market momentum of XRP resumes, the next target for this asset will be between $4.11 and $5.85. It is worth noting that these price levels are well above XRP's all-time high, indicating that the token may be targeting unprecedented price ranges in the short term.

For the more direct target of $4.11, XRP needs to soar 78.1%. Meanwhile, for the upper target of $5.85, XRP needs a larger 145% price increase to reach this level.