After accurately calling XRP’s corrective low at $1.88, market analyst Dark Defender is back with a bold new projection — a potential 200%+ rally ahead.
According to his latest analysis, XRP has officially completed Wave 4 of its long-term Elliott Wave structure and is now preparing for Wave 5, the phase typically associated with explosive upside moves.
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The Elliott Wave Breakdown
Dark Defender has been tracking XRP’s structure since February 13, 2025, outlining a textbook corrective phase:
Wave A: Decline to $1.60 (April)
Wave B: Counter-rally to $3.66 (July)
Wave C: Final corrective leg completed at $1.88
This $1.88 level wasn’t random. The analyst had long highlighted a critical support zone between $2.2222 and $1.8815, urging traders to stay calm if price dipped into that range. XRP did exactly that — tagged the level, held it, and bounced.
With Wave C now technically complete on the monthly chart, Dark Defender considers Wave 4 officially done.
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Why the Bear Market Narrative May Be Wrong
Despite recent volatility, Dark Defender argues that the bear market hasn’t started. Instead, he sees the pullback as a healthy reset within a broader bullish cycle.
Key technical points supporting his thesis:
Waves 1–3 formed a clean impulsive structure
Wave 4 retraced to the 70.2% Fibonacci level, a common corrective target
Price held structural support, preserving the macro uptrend
In short: correction completed, structure intact.
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The $5.85 Target Explained
If Wave 5 unfolds as projected, Dark Defender sees XRP pushing toward $5.85, representing a gain of more than 207% from current levels.
Wave 5 historically reflects:
Renewed bullish momentum
Strong sentiment reversal
Expansion driven by late-cycle participation
This is the phase where patience during corrections often pays off.
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Short-Term Reality Check
At present, XRP remains volatile:
$1.88 price level
Down 5.6% daily
Down 8% weekly
Down 16% monthly
While short-term pressure persists, Dark Defender maintains that noise doesn’t invalidate structure — and that emotional trading during corrective phases is where most investors lose conviction.
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Final Takeaway
Dark Defender’s call at $1.88 has already been validated by price action. Now, his roadmap points toward a much larger move — provided XRP continues respecting its long-term structure.
Whether XRP ultimately reaches $5.85 or not, one thing is clear:
The market just finished correcting — not collapsing.
As always, smart traders watch structure… not headlines. 🚀
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