XRP Set for Significant Upswing, Dark Defender Predicts
Crypto analyst Dark Defender has published a long-term chart for XRP on X, predicting a significant upward trend for the asset. The chart shows an Elliott Wave interpretation of XRP's price structure, suggesting that it is entering a new impulsive move after completing a corrective phase.
The chart highlights a critical support zone around $1 and identifies Fibonacci extension levels that could serve as future price objectives. Dark Defender projects that if the wave structure develops as anticipated, XRP could reach targets such as the 161.8% Fibonacci extension near $1.88, the 200% Fibonacci extension around $2.90, or even higher.
The community has reacted to the forecast with a mix of optimism and caution, acknowledging that long-term investing requires patience and that future price movements will depend on market conditions, investor sentiment, and broader developments across the cryptocurrency industry.