Crypto analyst Dark Defender (@DefendDark) believes XRP has reached an important stage after a breakout on the 8-hour chart. In a recent post, he said XRP achieved a “clear break” and remains on track to complete the five-wave structure he first outlined on June 30.
He highlighted $1.13 as the level to watch. His chart suggests XRP has already completed waves 1 through 4, with wave 5 expected to extend higher if current support remains intact.
Yes! The bullish RSI cross has arrived on the weekly#XRP Wave 5 officially starts.
Road to double digits #XRPArmy!
⁽ⁿᵒᵗ ᶠⁱⁿᵃⁿᶜⁱᵃˡ ᵃᵈᵛⁱᶜᵉ ᵇᵘᵗ ʲᵘˢᵗ ᵐʸ ᵗʰᵒᵘᵍʰᵗˢ ᵒⁿˡʸ⁾ pic.twitter.com/NXrpcZQouH— Dark Defender (@DefendDark) July 21, 2026
A Breakout Above Long-Term Resistance
The chart displays XRP breaking above a descending trendline that had capped price action since the decline in early June. That move aligns with Dark Defender’s view that the breakout confirms the next stage of the wave count.
An Ichimoku Cloud also appears on the chart. XRP has moved above much of the cloud and trades above the upper boundary. The asset trades at $1.1342, sitting just at the $1.13 level the analyst highlighted. Holding above it could help maintain bullish momentum toward the next target.
The chart also includes Fibonacci extension levels. The 161.80% extension sits near $1.109, while the projected fifth-wave target reaches the 361.80% extension around $1.2265. That projection supports Dark Defender’s view that $1.22 remains within reach if the current structure continues to develop.
RSI Signals Growing Momentum
The Relative Strength Index also supports the improving technical picture. The RSI has climbed to about 63.9 and has crossed above its moving average, which sits near 51.3.
The indicator rapidly regained momentum after hitting historic lows in June. It remains below the traditional overbought level of 70. That leaves room for momentum to continue building if buyers maintain control. Dark Defender highlighted this area on the chart, suggesting he views the recent RSI move as confirmation of the breakout.
$1.22 Remains the Next Target
Dark Defender’s analysis centers on one condition. XRP needs to remain above $1.13 to maintain the current technical setup. His chart marks that price as the key level supporting the expected advance.
If XRP continues to build above that area, the projected fifth wave could carry the token toward the $1.22 region shown on the chart. That target also aligns with the upper Fibonacci extension plotted in his analysis.
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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