Dark Defender to XRP Holders: Chin-up, We Are Getting There. Here's why

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Dark Defender (@DefendDark), a well-respected analyst on X, has provided an update regarding XRP’s technical position following a chart shared on September 24. He noted that XRP has hit the “E Wave support Level as we discussed yesterday.”

He also reminded followers that it is “better to keep an eye on the 50.00% Fibonacci Support.” His comments indicate that XRP remains within the structure he outlined earlier and is now testing the lower support levels that could define its trajectory.

Background to the Analysis

According to his analysis, reclaiming the $3.333 price level would mark the critical breakout point. He described this stage as a setup where nothing would stop further gains once that level is secured, pointing toward a path that could eventually lead XRP to double-digit prices.

The structure he laid out involved an extended corrective wave that has been developing over recent months. With the latest update confirming a touch of the E Wave support, it appears that the corrective action is reaching its conclusion. This brings attention back to the near-term levels that could act as the launch point for the next rally.

Significance of the Current Support

The update stressed the importance of the 50% Fibonacci retracement level. This line, which sits near $2.64, represents a zone that has historically served as a decisive area during market corrections. Holding this level would give XRP the foundation to confirm the end of the consolidation phase.

As XRP trades at $2.78, Dark Defender’s framework implies that the asset is positioned to turn upward after testing the $2.64 support level. Climbing back to $3.333 would complete the reversal from the drawn-out corrective pattern, providing the technical validation for a push toward a new all-time high.

What Comes Next for XRP

The combination of the ABCDE pattern nearing completion and XRP holding near Fibonacci support presents a critical period for the asset. Traders monitoring the structure are watching to see if it can maintain the E Wave support and whether momentum will build in favor of a breakout.

Dark Defender has emphasized that XRP is “getting there,” indicating the steady progress of the chart formation. The consolidation phase is being tested at its final stage, with the technical markers aligning for a potential rally.

Disclaimer*: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.*


XRP0.75%
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