Having successfully defended critical support thresholds, XRP caught the attention of crypto analyst Dark Defender (@DefendDark), who shared his technical outlook for the asset. His assessment leans firmly bullish, accompanied by a chart that outlines a distinct trajectory with several upward targets positioned far above current market values.
At the time the chart was prepared, XRP changed hands near $1.4899, having reached a weekly high of $1.6992. Dark Defender pinpointed this area as vital, noting that Fibonacci levels at 70.20% ($1.4445) and 85.40% ($1.5692) form the immediate trading range. Right now, the price rests directly within that support band.
The Elliott Wave Structure
Within Dark Defender’s chart, a finished five-wave corrective structure is clearly labeled. Wave (5) found its bottom near $0.9852, while XRP’s breakout in late August established Wave (1) of a fresh sequence, peaking close to $1.69. Following that, Wave (2) retraced to roughly $1.38 prior to the onset of the current upward push.
Such a formation implies that the correction period has concluded. The analyst noted on social media: “This is a Bullish Break, and we can expect the Surge any time now.” Furthermore, the chart indicates that XRP is climbing past its recent base to enter Wave (3) of the Elliott Wave sequence—traditionally recognized as the most powerful impulse move in any given pattern.
The chart from Dark Defender outlines four distinct Fibonacci extension targets situated above the current price point. The 161.80% target is positioned at $1.8815, followed by the 200% extension at $2.9032. Meanwhile, the chart’s highest target, the 261.80% extension, points toward $4.1043.
#XRP respected our support & resistance levels this week
This is a Bullish Break, and we can expect the Surge any time now.
(not financial advice) pic.twitter.com/TMnQQccNC1— Dark Defender (@DefendDark) October 3, 2026
RSI Confirmation
Additional support for the technical argument comes from the Relative Strength Index (RSI) panel located at the bottom of the chart. Throughout the previous corrective decline, the weekly RSI remained subdued. Currently, it registers at 54.92, while the signal line sits at 43.47. As the price moves upward, the RSI climbs alongside it. This concurrence—prices breaking higher alongside strengthening rather than weakening momentum—bolsters the bullish interpretation of the technical data.
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— TimesTabloid (@TimesTabloid1) June 15, 2025
XRP Respected the Levels
Dark Defender pointed out that “XRP respected our support & resistance levels.” As illustrated in the chart, the price successfully defended the $1.4445 region before initiating its present upward movement. Such price action validates the technical framework he has been monitoring.
With the price now positioned above the corrective base, a rising RSI, and a series of Fibonacci targets lined up overhead, Dark Defender’s analysis suggests an extended target of $4.1043—marking a new all-time high—provided the wave sequence unfolds precisely as mapped out.