Cryptocurrency analyst Dark Defender (@DefendDark) has shared an in-depth XRP price forecast utilizing the weekly chart, setting a target of $36.76. Reaching this milestone necessitates that XRP finish an ongoing multi-wave Elliott Wave sequence, which the analyst indicates is already underway.
The shared chart points to a finalized larger-degree Wave 4 correction, followed by a Wave 5 that established the macro low close to $0.98. A fresh impulsive sequence kicked off from that foundation.
This upward momentum drove XRP higher in late August. Having wrapped up Blue Wave 1, the digital asset is presently progressing through Wave 2. Dark Defender points out that historical patterns indicate a sideways movement during this phase, and Wave 2 is currently unfolding in line with that tendency.
The Roadmap to $36.76 on the weekly time frame.
XRP completed Blue Wave 1 and is now in Wave 2.
The historical pattern shows a sideways phase here, and the Wave 3 window is already starting to line up with it.
The initial surge can be expected towards $4.10 and then $7.07.… pic.twitter.com/y2cAp3xM03
— Dark Defender (@DefendDark) October 4, 2026
The Near-Term Levels That Matter
Wave 3 is anticipated next by Dark Defender, who mentions it already aligns with the historical pattern window. An initial surge aims for $4.10, matching the 261.80% Fibonacci extension on the chart, with projections subsequently reaching $7.07 at the 361.80% extension level.
Within Elliott Wave theory, Wave 3 generally serves as the most powerful and extended wave of an impulsive sequence, an expectation backed by the chart. A subsequent Wave 4 pullback features the 200.00% extension at $2.90 as a reference point. Wave 5 then finishes the inner sequence close to $7.07 prior to the onset of the larger-degree Wave 3.
The Bigger Structure
Dark Defender’s chart highlights the macro Wave 3 projection via a larger white diagonal aiming at $36.76. Intermediate levels inside this expanded movement are identified by the Fibonacci extension grid at $10.11 (427.20%) and $18.22 (361.80%). These serve as stepping stone targets before the asset advances toward the $36.76 goal.
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Where XRP Stands Now
Trading around $1.49 on the weekly timeframe, XRP currently occupies the space between the 70.20% level at $1.44 and the 85.40% level at $1.56. This price action places the asset directly inside the support zone identified by Dark Defender as the Wave 2 consolidation area.
The layout outlined by Dark Defender charts a definitive sequential trajectory for XRP: $4.10 is up first, followed by $7.07, and subsequently the higher-degree targets exceeding $10. Ultimately, the $36.76 projection rests at the culmination of the weekly chart’s entire Elliott Wave count.
