Crypto analyst Dark Defender recently shared an update on XRP price movements, demonstrating how a March 18 prediction closely aligned with actual market behavior by March 29. The tweet included two charts, one showing the initial projection and the other displaying how XRP’s price followed the expected pattern.
18-March Projection, on the Left
29-March Realisation, on the RightWe are well ahead of anyone else on #XRP Analysis.#XRPCommunity #Ripple pic.twitter.com/QPVS8S7FPs
— Dark Defender (@DefendDark) March 29, 2025
On March 18, Dark Defender posted an analysis indicating that XRP was in a corrective wave pattern (ABC) and that the price was likely to experience a decline. The projection incorporated Fibonacci retracement levels, outlining key price points where XRP might find support.
The technical setup suggested an expected wave structure, with Wave 5 forming around the $2.50-$2.60 range before a correction to a predicted Wave 2 bottom near the 23.6% Fibonacci level.
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March 29 Market Movement and Validation of the Analysis
According to Dark Defender’s March 29 update, XRP followed the outlined pattern, hitting a peak at Wave 5 on March 19, just a day after the original prediction. The latest chart confirms that XRP declined to $2.06, aligning closely with the Fibonacci level identified in the March 18 projection. The analyst highlighted this as evidence of the accuracy of the forecast, emphasizing that the analysis was ahead of others in tracking XRP’s movements.
Current data from CoinMarketCap shows that XRP is trading at $2.14, reflecting a 1.32% increase in the last 24 hours. This suggests some recovery after the recent decline, potentially signaling the next phase in the projected wave pattern.
Market Reactions and Analyst Credibility
Market reactions to Dark Defender’s update were varied. Some users acknowledged the accuracy of the analysis, while others remained skeptical. Arthur Harrison commented on the tweet, suggesting that Dark Defender’s forecasts tend to be more precise when predicting declines rather than increases. Another user, Vakulya Zoltan, expressed uncertainty, questioning whether the forecast was a reflection of market behavior or simply optimism.
Dark Defender’s technical approach to XRP analysis continues to rely on Elliott Wave Theory and Fibonacci retracement levels. The March 29 result validates this methodology, demonstrating a strong correlation between projected and actual price action. As XRP traders monitor further movements, the question remains whether the pattern will continue to unfold as predicted or if external market factors will introduce new volatility.
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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