XRP on Brink of Breakout as Analyst Sees Path to $4.11

XRP is at a critical juncture that could determine its future trajectory. According to Dark Defender, a prominent XRP analyst, a daily candle close above $1.5692 would signal the start of a move targeting $4.11.

The technical setup combines Fibonacci extension levels with an Elliott Wave count and suggests that clearing and holding this level on the daily chart would act as a launchpad for a swift advance.

The analyst's framework projects a ladder of resistance points, including the 161.8% Fibonacci extension at $1.8815, followed by the 200% extension at $2.9032 and the 261.8% level at $4.1043.