Crypto analyst Dark Defender (@Defend Dark) has been closely monitoring XRP’s technical setup, which has been forming over several months. Following a sharp downward movement in price action, he assured his followers that the overall setup is still intact.
Dark Defender confirmed that XRP has broken out of a symmetrical triangle pattern on its daily chart. This triangle was established between wave (1), which reached a peak in August at approximately $1.70, and wave (2), which hit a low in September near $1.29. The converging trendlines connecting these two points had confined the price for multiple weeks.
XRP’s Decline
The breakout ultimately occurred to the downside, with XRP dropping by roughly $0.08. Dark Defender quickly addressed the movement, describing it as normal and advising against panic, noting that his price targets remain the same.
He pointed to a vital level at $1.5692, which marks the 85.40% Fibonacci retracement. Having previously emphasized this threshold, he stated that a continuation of the 3rd Wave relies on daily candles closing above this mark. To advance the bullish wave count, XRP must successfully reclaim that price point.
Yes, the time is up. XRP broke out of the triangle. I know this 8-cent drop is frustrating for some of you, but this is normal.
We said the 3rd Wave would continue with candles closing above $1.5692.
Supports are: $1.445, $1.3798
Targets: No Change.
(not financial advice) pic.twitter.com/GUF3HuuBeo— Dark Defender (@DefendDark) October 7, 2026
Where Support Sits
Key support levels that need to hold were also outlined by Dark Defender. The initial support is at $1.4445, aligning with the 70.20% Fibonacci level, followed by $1.3798 at the 61.80% retracement. Since both figures sit beneath the current price of $1.4164, buyers will need to defend these zones.
Positioned lower at $1.2939 is the 50% retracement, which serves as a deeper pullback zone that the analyst has not designated as a primary support level.
Targets Remain Unchanged
The analyst’s upside targets have stayed the same. The first target is $1.8815, representing the 161.80% Fibonacci extension, while the second target is $2.9032 at the 200% extension. Highlighted on his chart by a steep blue trendline pointing toward both levels, this projection aligns with an accelerating impulse should the 3rd Wave trigger. Emphasizing that his targets are unchanged, he indicated that XRP’s subsequent move is unstoppable.
We are on X, follow us to connect with us :- @TimesTabloid1
— TimesTabloid (@TimesTabloid1) June 15, 2025
RSI Adds Context
During the wave (1) rally in August, the daily chart’s Relative Strength Index (RSI) climbed past 70 before retreating to the mid-40s. This cooling period provides space for momentum to recover. Furthermore, the current RSI reading points to the conclusion of a corrective phase rather than an outright reversal of the trend.
The Analyst’s Conclusion
Dark Defender maintains a straightforward perspective: the recent dip does not alter his forecast. As long as XRP remains above $1.3798 and secures a close back over $1.5692, the 3rd Wave scenario stays viable. Should this sequence unfold, $1.8815 serves as the initial target, followed by the broader objective of $2.9032.