Dark Defender Projects XRP's Path to $36.76

Analyst Dark Defender has outlined a detailed roadmap for XRP, projecting a significant upward trajectory based on Elliott Wave theory. The chart analysis identifies a completed Wave 4 correction, followed by Wave 5, which established a macro low around $0.98. From this base, a new impulsive sequence began, pushing XRP higher in late August. The asset has now completed Blue Wave 1 and is currently in Wave 2, characterized by a sideways phase consistent with historical patterns.

Dark Defender expects Wave 3 to follow, aligning with the historical pattern window. The initial surge target is set at $4.10, corresponding to the 261.80% Fibonacci extension, with a further projection extending to $7.07 at the 361.80% extension level. Wave 3 is typically the strongest and longest wave in an impulsive sequence, supported by the chart's structure. A Wave 4 pullback is anticipated, with the 200.00% extension at $2.90 serving as a reference level before Wave 5 completes the inner sequence near $7.07.

The larger structure on Dark Defender’s chart shows a macro Wave 3 projection targeting $36.76. Intermediate levels within this move include $10.11 at the 427.20% extension and $18.22 at the 361.80% extension. Currently, XRP is trading near $1.49 on the weekly chart, within the support zone highlighted as the Wave 2 consolidation area. The mapped structure provides a clear sequential path, with $4.10, $7.07, and the larger degree targets above $10 leading to the $36.76 projection.