HomeCryptocurrencyDark Defender Presents The XRP Chart That Did Not Move

Dark Defender Presents The XRP Chart That Did Not Move

XRP’s recent recovery has brought renewed attention to long-term technical projections, but crypto analyst Dark Defender is asking investors to look further back.

In a detailed post on X, he revisited a Fibonacci and Elliott Wave structure that he says has remained unchanged since 2023. According to Dark Defender, the chart identified major XRP levels years before the market reached them and continues to define the next potential stages of the current cycle.

Dark Defender Revisits XRP’s Long-Term Structure

Dark Defender said the original blue structure was published more than three years ago, with Wave 1 targeting $0.90 in mid-2023. He then highlighted updates made in 2024, when XRP traded around $0.50, and the structure projected a target of $3.60.

XRP eventually reached $3.66 in January 2025, according to the analyst. Following that move, Dark Defender said he established the current Wave 4 structure on February 13, 2025. He now says the only new addition to the original chart is the green line associated with Wave 5, which places a target range between $5.85 and $9.

Dark Defender stressed that the Fibonacci levels on the chart were not adjusted to fit subsequent price movements. He said the ladder has remained in place since September 2023, allowing investors to compare the original structure with XRP’s later price action.

The $0.93 Level Remains Central

According to Dark Defender, the 100% Fibonacci level at $0.9327 represents the floor of the entire structure. He said XRP’s Wave 4 correction reached a low of $0.9852, meaning the market did not print a weekly or monthly close below $0.9327.

He also acknowledged that Wave 4 expanded beyond the initial expectations, including a previous target around $1.88. However, he maintained that the expansion remained consistent with the broader structure.

Dark Defender also referenced his analysis from June and July, when XRP faced heavy selling pressure and traded close to the $1 level. He said the market had completed a five-wave decline and that weekly RSI had fallen to 28.79, which he interpreted as evidence of significant downside exhaustion.

XRP Now Faces the $1.88 Level

Dark Defender said XRP subsequently advanced 41.69% from its low and reached a high of $1.6995. He also noted that daily, three-day, and weekly candles closed above the relevant reclaim level.

With XRP trading around $1.444 at the time of his post, Dark Defender identified $1.8815 as the next major level to watch. That corresponds to the 161.80% Fibonacci extension and has remained on his chart since February 2025.

Above it, the same structure contains the 261.80% level at $5.8563 and the 361.80% level at $18.2275. Dark Defender clarified that these higher levels are not new forecasts but targets that appeared on his earlier chart.

He concluded by emphasizing patience and said his approach focuses on predefined conditions, Fibonacci levels, Elliott Wave structures, and candle closes rather than attempting to predict specific dates or times.

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.


Follow us on X, Facebook, Telegram, and  Google News

Solomon Odunayo
Solomon Odunayo
Solomon is a trader, crypto enthusiast, and analyst with over seven years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.
RELATED ARTICLES

Latest News & Articles