HomeCryptocurrencyDark Defender: XRP Could Quickly Rally To $2.90 and $4.11 If This...

Dark Defender: XRP Could Quickly Rally To $2.90 and $4.11 If This Happens

XRP has been trading near a critical price level. Crypto analyst Dark Defender (@DefendDark) identified $1.5692 as the threshold that determines whether a significant expansion move begins. His analysis states that a daily candle close above $1.5692 puts XRP on course for $2.90 and $4.11.

The community noticed immediately. Social media responses poured in, with traders confirming the close and signaling their confidence. One user wrote, “We got the close above $1.56! Send it.”

What the Chart Shows

Dark Defender’s post referenced a chart he published previously. That chart maps out XRP’s price structure using Fibonacci extension levels. It also features an Elliott Wave structure showing a completed Wave 2 correction as the base for the next move higher.

The extensions on the chart project a ladder of targets. The 161.8% level sits at $1.8815. The 200% extension lands at $2.9032. The 261.8% level reaches $4.1043, a level the analyst recently emphasized. At the top, the 300% extension targets $7.0786, labeled as a potential Wave 3 peak.

The circled area on the chart highlights the price action around the $1.56 zone, which aligns with the 61.8% Fibonacci retracement level at $1.3798 and the 70.2% level at $1.4445. The RSI indicator at the bottom of the chart is also highlighted, showing a bullish crossover and the RSI beginning to rise.

Community Sentiment

Traders are watching XRP with conviction. One user asked for the rally to pause at $1.88, referencing the chart’s first Fibonacci target. Intriguingly, that is another level Dark Defender once highlighted. Another suggested market participants should watch for a close above $1.60 just to be safe.

One commenter said he was about to buy more after Dark Defender’s analysis. The responses show a community that has been monitoring this level closely and views a close above $1.5692 as a confirmation signal.

The Levels Ahead

Dark Defender’s analysis gives traders a clear sequence of price targets to monitor. The first meaningful test comes at $1.8815. A sustained move through that level opens the path to $2.9032. Beyond that, $4.1043 represents the next major extension. For now, investors are watching for a daily close above $1.5692, and the predicted breakout to $2.90 and $4.11.

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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Tobi Loba
Tobi Loba
Tobi Loba is a passionate writer with a vast interest in the stock market. She joined the crypto ecosystem about three years ago and has written lots of ebooks and articles in relation to cryptocurrency and blockchain projects. Tobi Loba earned her degree at the University of Ibadan.
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