XRP's Grand Wave III: Crypto Analyst Predicts Triple-Digit Prices
Crypto analyst Dark Defender has published a technical analysis declaring that XRP's Grand Wave III is now in progress. The analysis uses a long-term chart of XRP's price movement, which begins in 2013 and suggests a move towards triple-digit prices over the next few years.
The chart shows two parallel blue trendlines, known as the Blue Support Channel, which define a long-term ascending channel. Dark Defender highlights a consistent pattern: every time XRP's price touched the lower blue support line, a major surge followed.
This setup has preceded three significant price expansions in the past, including the 500% surge that pushed XRP above $3 again in late 2024. The current move is approaching the trendline, suggesting it would repeat the 2017 breakout and potentially target double and triple digits.