- Crypto analyst Dark Defender projects an XRP price target of $5.85 based on Elliott Wave theory.
- Wave 4, a corrective phase, reportedly completed near $1.88, suggesting the start of Wave 5 with potential for significant gains.
- Dark Defender’s past accuracy includes forecasting XRP’s drop to $1.88 and tracking price moves since February 2025.
- Fibonacci retracement levels support the analysis, with the 70.2% retracement level aligning closely with Wave 4’s bottom.
- The analyst highlights the importance of emotional discipline during extreme market volatility and correction phases.
Dark Defender, a cryptocurrency analyst, has issued a new price projection for XRP, suggesting it could reach $5.85. This forecast is based on Elliott Wave theory, a method analyzing market trends through distinct wave patterns. The analyst has been monitoring XRP’s monthly Wave 4 since February 13, 2025. According to the analysis, Wave 4 completed near $1.88, marking a support level before the onset of Wave 5, which is expected to drive a rally exceeding 200% from current prices.
Throughout 2025, Dark Defender accurately predicted XRP’s descent, marking Wave A’s completion near $1.60 in April and Wave B’s rise to around $3.66 in July. Following this, Wave C finalized the correction at $1.88, confirming the bottom of the Wave 4 structure. Elliott Wave theory interprets such waves as part of recurring market cycles, with Wave 4 being a corrective phase.
The analyst emphasized the role of emotional discipline during volatile periods. Using Fibonacci retracement—a technical tool measuring potential support or resistance levels—he noted that the Wave 4 correction closely matched the 70.2% retracement level, particularly in the price zone between $2.22 and $1.88. This data provides a foundation for identifying accumulation and correction phases.
In a statement on X (formerly Twitter), Dark Defender remarked, “People who say the bear market has started will switch and can’t believe the market behaviour shortly after BTC.D lose strength, and the narrative will continue to shift in favour of #XRP.” The analyst also expects XRP’s price to surpass certain technical thresholds within a short time frame.
The long-term outlook described by Dark Defender links XRP’s future gains to institutional adoption and liquidity improvements, framing the asset’s movement as part of systematic trends rather than short-lived news sentiments. Monitoring of Wave 4’s hierarchical structure continued throughout 2025, with advisories against reacting to fear-based market stories.
Further details on this analysis can be found on Dark Defender’s X account.
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