Dark Defender Revisits Unchanged XRP Structure
Crypto analyst Dark Defender has revisited an old Fibonacci and Elliott Wave structure for XRP that he claims has remained unchanged since September 2023. The original chart, published more than three years ago, targeted a price of $0.90 in mid-2023. In an update made in 2024 when XRP traded around $0.50, the structure projected a target of $3.60.
XRP eventually reached $3.66 in January 2025, according to Dark Defender. He established the current Wave 4 structure on February 13, 2025. The only new addition to the original chart is the green line associated with Wave 5, which places a target range between $5.85 and $9.
The Fibonacci levels on the chart have remained in place since September 2023, allowing investors to compare the original structure with XRP's later price action. Dark Defender stressed that these levels were not adjusted to fit subsequent price movements.