TL;DR
- An analyst indicates that XRP has completed corrective Wave (4) and is taking the first steps of impulsive Wave (5).
- The key point for bullish acceleration is the breakout of the descending trendline, which could lead to $3.01.
- The Wave 5 projection potentially extends to the $5.80 to $6.00 range, according to the 261.8% Fibonacci extension.
All market attention is on XRP after analyst Dark Defender signaled that the asset has officially completed its Monthly Wave 4 structure, opening the door to what he describes as the first steps of Wave 5 (Elliott Wave Theory).
Although the current price of XRP is at $2.21, in a context of “Extreme Fear,” the underlying structure suggests a potential trend shift. Recent price behavior shows stabilization after a volatile week, with buyers attempting to regain control from corrective lows.
Dark Defender’s Roadmap: XRP Enters Elliott Wave 5
The chart presented by Dark Defender establishes a clear Elliott Wave sequence. Wave (3) topped earlier in 2025, followed by a classic A–B–C correction, marking the end of Wave (4).
The most important structure to watch is the yellow descending trendline, which acts as the gateway to Wave 5. Dark Defender highlights that, historically, once XRP breaks above this line, price action accelerates, often skipping intermediate resistance and moving directly toward key Fibonacci levels.
The first major milestone he identifies is $3.01, aligned with the 70.2% retracement. Beyond that level, his Wave 5 projection ambitiously stretches into the $5.80 to $6.00 range, which corresponds to the 261.8% extension.
Key indicators such as the RSI (47.52) show neutrality, and the price notably recovered after a capitulation wick that touched $1.94, a move commonly seen at the end of corrective phases.
In summary, XRP is now at a crucial inflection point. Dark Defender’s structure provides a precise roadmap: consolidation below the descending resistance, and the potential ignition of Wave 5 if the price manages to break strongly through this trendline.
If the breakout occurs, the $3.01 level becomes the first checkpoint that would validate a long-awaited expansion phase.
