In the past 24 hours, XRP’s price movement has seen a pullback toward the $2.28 support area that recently emerged. Despite this minor retracement, XRP’s broader price structure remains robust, especially when viewed on longer-term charts. In particular, the six-month timeframe paints an encouraging picture, with technical signals pointing toward the potential start of a major surge that could propel XRP as high as $74.
XRP Maintains Momentum Over Long-Term Resistance
This optimistic scenario comes from a detailed long-term Elliott Wave and Fibonacci extension analysis shared by popular crypto strategist Dark Defender. According to the latest chart posted by the analyst on X, XRP is extending its climb beyond a major downtrend resistance that has suppressed its price since early 2018.
6 Monthly Time Frame Update on #XRP:
You can find the updated 6M chart below. XRP has broken the 6M Resistance, 1 day later than our previous 6-monthly update.
The Resistances: $5.85, $18.22 within the 3rd Wave.
Targets: $66.96, $77.70Supports: $2.2222, $1.8815 (Not Financial… pic.twitter.com/AuKjVfW4PT
— Dark Defender (@DefendDark) May 26, 2025
Known as the Ultimate Resistance, this level was tested repeatedly over the years, yet it wasn’t until a powerful bullish six-month candle in late 2024 that XRP successfully broke above it. This breakout, Dark Defender explains, marks the beginning of a significant Elliott Wave 3 rally.
The Start of Elliott Wave 3: A Powerful Upsurge
Dark Defender’s analysis suggests that XRP completed Waves (1) and (2) between 2022 and mid-2024, paving the way for the critical and highly energetic Wave (3) — a phase typically known for its aggressive price acceleration in Elliott Wave theory.
Based on Fibonacci extension metrics, particularly the 361.80% level calculated from the earlier wave structure, Wave (3) has the potential to drive XRP’s price toward an estimated $18.22. Once this phase concludes, a corrective Wave (4) is likely to emerge, introducing a temporary pause before the grand finale — the fifth and final impulsive wave.
Bigger Picture: XRP’s Explosive Future Potential
Looking even further ahead, Dark Defender envisions an extraordinary price trajectory for XRP. According to the forecast, Wave (5) could propel the coin into the $66.96 to $77.70 range, using the 476% Fibonacci extension as a guiding target.
The anticipated timeline for this entire five-wave pattern extends into 2027 or 2028, suggesting that XRP’s current cycle may still be in its early stages. Should the market adhere to this projected path, XRP could be entering its most dramatic and historic growth phase to date, with gains exceeding 3,100% from current levels.
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— TimesTabloid (@TimesTabloid1) July 15, 2023
Short-Term Levels To Watch
While the long-term picture looks promising, it’s important to recognize that these bullish waves will not unfold in a straight line. As with any extended Elliott Wave pattern, several smaller sub-waves and corrections are expected along the way.
Dark Defender emphasizes that the current bullish trend hinges on maintaining key support levels — specifically, $2.2222 and $1.8815. Should these levels hold, the momentum for higher targets remains intact.
As of report time, XRP is trading at $2.30, marking a modest 2% decline over the past day.
XRP’s technical outlook, shaped by the multi-year breakout and supported by Elliott Wave and Fibonacci projections, points toward a multi-year rally that could redefine its place in the crypto market. If Dark Defender’s roadmap holds, XRP enthusiasts may witness a historic price surge, potentially culminating in prices as high as $74 within the next few years.
For investors and traders alike, the coming months could prove to be a pivotal chapter in XRP’s journey — one that promises excitement, volatility, and potentially record-breaking gains.
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 urged to do in-depth 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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