Crypto analyst Dark Defender has a new long-term outlook for XRP. He maintains that the asset has entered what he describes as “Grand Wave 3” in its current market cycle.
Alongside the statement, he published an updated monthly XRP chart that projects several phases of price expansion, with initial targets well above the cryptocurrency’s current trading range.
His latest update suggests that a move between $5.85 and $8.50 should not be viewed as XRP’s final destination. Instead, Dark Defender said that range represents only the beginning of a much larger advance.
In his post, he wrote, “Grand Wave 3 is in Motion. $5.85–$8.50 is not the destination. It is the opening act for XRP. Follow the North Star.”
The chart attached to the post illustrates an Elliott Wave-style structure stretching from previous market lows into a projected multi-year advance. It identifies XRP as completing an earlier corrective phase before beginning what the analyst believes is the next impulsive move higher.
Grand Wave 3 is in Motion.
$5.85 – $8.50 is not the destination.
It is the opening act 4 #XRP
Follow the North Star.(For educational purposes only. Not financial advice.) pic.twitter.com/AXoeO1F7VK
— Dark Defender (@DefendDark) July 15, 2026
Chart Projects Multiple Upside Targets
The chart labels several projected waves and Fibonacci extension levels that serve as possible price objectives if the pattern develops as expected.
Dark Defender’s first major target zone sits between approximately $5.85 and $8.50. Beyond that, the chart outlines a continuation toward higher Fibonacci extensions around $18, $35, $74, and ultimately above $140. The roadmap suggests that these levels would unfold successive structures rather than in a single move.
The analyst also highlighted what appears to be a recent corrective wave ending near current price levels before a projected breakout begins. According to the chart, this area could mark the transition into the next stage of the broader bullish structure.
While the projections extend significantly beyond XRP’s current price, they represent a technical outlook based on wave analysis rather than a confirmed forecast of future market performance.
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Community Reacts With Optimism and Skepticism
The post drew a range of responses from members of the XRP community.
One user, Withered Rose, questioned the timing of the projection, noting that XRP has yet to reclaim $1.50. The commenter asked whether it was realistic to focus on price levels above $5 before reaching nearer-term milestones.
Another response took the opposite view, expressing skepticism that XRP would ever trade at $5 and suggesting the asset could instead fall substantially lower.
Others remained optimistic about XRP’s long-term prospects. Community member Lottie Bell said the story of XRP is still in its early stages and suggested that the asset’s eventual value will depend on future real-world applications and the continued growth of its ecosystem. She added that investors may need to remain patient as the market develops.
Dark Defender’s latest update continues a series of long-term technical analyses in which he has maintained that XRP remains positioned for a larger upward trend despite ongoing market fluctuations.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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