$XRP Prominent crypto analyst Dark Defender (@DefendDark) has outlined a decisive technical view on XRP, placing the current pullback within a larger bullish structure.
His analysis centers on the 3-day RSI, historical wave behavior, and key Fibonacci projections. Together, the chart suggests the recent dip may have already completed its corrective role, setting the stage for consolidation before a renewed advance.
The setup does not point to immediate vertical expansion. Instead, it highlights a pause that serves a structural purpose.
According to Dark Defender, short-term sideways action remains possible, but the underlying indicators favor bullish continuation rather than breakdown. The analyst stated that the “surge is inevitable.”
✨RSI Signals a Completed Dip
Dark Defender’s focus is on the 3-day RSI. The indicator has fallen into a historically reactive zone that previously marked durable lows for XRP. On the chart, multiple green circles emphasize prior moments when RSI compression preceded strong upside moves. Each instance followed a similar pattern with little momentum and a stable price before a massive rally.
Dark Defender stated that “the dip is in” and added that sideways movement could persist for a couple of days. The RSI sits near the low 30s, putting it in the oversold range. This region has repeatedly aligned with trend reversals rather than trend failures.
✨Structure Holds Above Key Support
The price structure on the 3-day chart shows XRP respecting a long-standing support zone that aligns with the Ichimoku cloud. The asset’s price has dipped into this area but has not lost it decisively. Previous corrections that behaved this way resolved higher after a brief period of consolidation.
The chart also outlines a completed corrective sequence labeled with Elliott Wave counts. Waves 1 through 5 appear to have played out on the downside. The chart also shows XRP about to begin Wave 5 on a much larger trend, hinting at an imminent bull run. The asset’s ability to maintain the support level also keeps the bullish sentiment intact.
✨XRP’s Fibonacci Targets
Dark Defender’s projection extends well beyond the near term. The chart plots a 161.8% Fibonacci extension near $1.88 as an interim technical reference, already close to current trading levels. Above that, the longer-term projection reaches toward the 261.8% extension near $5.85.
Dark Defender also links XRP’s long-term outlook to the asset’s tightening supply. He suggests reduced availability will amplify future demand, reinforcing the bullish structure. Based on the analysis, XRP may remain range-bound while momentum resets. That phase acts as preparation for the next big move.
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