Dark Defender Sees XRP Launching into Explosive Upside Move with Potential Targets
Crypto analyst Dark Defender has made a technical analysis of XRP, predicting an explosive upside move. The current price zone is seen as the launch point for this surge, with a chart showing that XRP is between the yellow support and orange resistance lines.
The analysis uses Fibonacci extension levels to project targets for Wave 3 and beyond. The 161.8% extension sits at $1.8815, while the 261.8% extension reaches $4.1043. The 361.8% extension puts XRP at $7.0786, with a longer-term target of $18.2275.
Dark Defender's post also notes that the RSI indicator is supporting the setup, with the momentum recovery aligning with price action at Wave 2. The analyst lists two support levels for traders to monitor: $1.33 and $1.29, which sit just below the current price.