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Dark Defender Sets $4.10 XRP Target If Weekly Close Clears This Price Level

Crypto analyst Dark Defender predicts XRP could target $4.10 and other high levels if it secures a crucial weekly close above $1.56, concluding its ongoing wave correction.

Dark Defender Sets $4.10 XRP Target If Weekly Close Clears This Price Level

XRP might be nearing a pivotal threshold within the latest wave analysis from crypto analyst Dark Defender. The analyst has pointed to a specific weekly closing price that could signal the conclusion of XRP’s ongoing correction and launch the subsequent phase of its anticipated price trajectory.

Sharing his thoughts in a recent update, Dark Defender noted that his prior projections foresaw “Sub-wave 1” back when XRP was valued at approximately $1. He now anticipates that the second wave will wrap up once XRP secures a weekly close past $1.56. Accompanying his notes, a chart details multiple elevated targets should the market validate this movement.

Dark Defender Identifies $1.56 As Key Level

Dark Defender asserted that “Weekly Wave 2 is complete when XRP closes above $1.56.” The provided weekly chart embeds XRP into an expansive wave framework, with the analyst designating the latest low as the finish line for Wave 2.

Furthermore, the chart displays XRP hovering near $1.40, while several Fibonacci markers lie between the current valuation and the loftier goals. Dark Defender highlighted $1.37 and $1.29 as crucial support thresholds for the present Sub-Wave 2 formation. Consequently, breaking past $1.56 would validate his thesis rather than serving as a standard resistance barrier.

$1.88, $4.10 and $7.07 Marked As Targets

For Sub-Wave 3, Dark Defender outlined $1.88, $4.10, and $7.07 as primary objectives. His technical chart positions $1.88 close to the 161.8% Fibonacci marker, whereas $4.10 corresponds to the 261.8% threshold. Meanwhile, the $7.07 goal corresponds to the 361.8% Fibonacci extension.

Although the analyst’s graphic stretches up to an extended $10.11 target at the 427.2% Fibonacci extension, his written commentary explicitly singles out $1.88, $4.10, and $7.07 as the targets for Sub-Wave 3.

Ultimately, this outlook relies on XRP first achieving the weekly close above $1.56 that he designated as the endpoint for Wave 2.

Traders Focus On Confirmation And Support

Weighing in on the discussion, a commenter known as Siwers | LHT emphasized the significance of confirmation over mere wave designations. This user stated that a weekly close above $1.56 serves as the “actual trigger,” pointing out that $1.88 and $4.10 stay on the table as targets pending confirmation.

Additionally, the commenter singled out $1.37 as the vital support level that must be maintained first. This perspective mirrors Dark Defender’s chart, which designates $1.37 and $1.29 as the primary support zones for Sub-Wave 2.

Meanwhile, another participant, CalistaThrive, expressed the view that XRP’s existing price offers an attractive entry point personally, suggesting that investors who already favor the asset might opt to buy in across various price points.

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