Dark Defender: XRP Weekly Is Quietly Turning. Wave 5 Surge to Double Digits Is Loading
XRP could be entering the next phase of its long-term price cycle, according to crypto analyst Dark Defender (@DefendDark). His latest weekly chart outlines a completed Wave 4 correction and projects a strong Wave 5 advance that could lift the token into double-digit territory.
Alongside the price structure, the analyst highlighted a fresh bullish signal in the weekly Relative Strength Index (RSI), adding to his positive outlook. Dark Defender said, “XRP weekly is quietly turning.” He added that the “Macro Wave 4 Low Is Likely In” and predicted a move to double digits for Wave 5.
And now, $XRP weekly is quietly turning.
The Macro Wave 4 Low Is Likely In, Wave 5 Surge to Double Digits is Loading.
A hidden bullish divergence just printed on the weekly RSI, too.
Most people will realise Wave 4 bottomed months after it did. Some already know 🙂 pic.twitter.com/qWoYMuiiL1
— Dark Defender (@DefendDark) July 11, 2026
Wave 4 Structure Suggests Trend Reversal
Dark Defender’s chart follows an Elliott Wave count that labels the peak of XRP’s late 2024 surge as the end of Wave 3 before tracking a prolonged Wave 4 correction. The latest low appears at the lower boundary of a long-term ascending channel, where the chart marks the end of Wave 4 as the likely bottom.
The projected path then shows XRP moving sharply higher into Wave 5. The forecast extends through the upper boundary of the channel and reaches beyond $8 before heading toward the $10 region. The chart presents this move as the next stage of the long-term trend.
Key XRP Price Targets
The chart includes several Fibonacci extension levels that could act as important price zones if XRP continues higher. The 100% extension stands at $0.9327, while the 123.60% level sits at $1.2193. Above that, the 161.80% extension is marked at $1.8815, followed by the 200% level at $2.9032.
The highest displayed Fibonacci target was 261.80% at $5.8563. Dark Defender’s projected Wave 5 path continues above that level and finishes near the upper trendline in double-digit territory.
We are on X, follow us to connect with us :- @TimesTabloid1
— TimesTabloid (@TimesTabloid1) June 15, 2025
Weekly RSI Prints Bullish Divergence
The chart also highlights a hidden bullish divergence on the weekly RSI. Dark Defender circled two lows on both the price chart and the RSI to illustrate the pattern. While XRP revisited support near the lower channel boundary, the RSI formed a stronger low.
The RSI currently sits near the mid-30 range on the chart. Dark Defender identified the divergence as another signal supporting his view that the Wave 4 correction has likely ended.
Levels to Watch
The chart shows XRP trading above the lower boundary of the ascending channel after rebounding from the recent low. That trendline now serves as an important support level in the analyst’s outlook. Based on the chart, $1.2193 and $1.8815 stand out as the next resistance levels.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Wall Street giants collectively raise rate hike forecasts, US Treasury futures continue to fall, gold drops over 1% to break 4000
After the US October CPI exceeded expectations, Goldman Sachs and Nomura added a forecast for an interest rate hike in March next year, while Deutsche Bank included a forecast for a rate hike in January next year. Currently, the market has fully priced in a 25 basis point rate hike in December, with a 13% probability for a 50 basis point hike. On Wednesday, the US Treasury spot market was closed, but Treasury futures continued to fall, with corresponding yields rising by about 2 to 4 basis points, and spot gold came under pressure, dropping by 1.1%.
No Need to Worry About the Cooling Down of AI Data Center Construction? The US Import Boom Is Unlikely to Subside in the Short Term, Real Impact May Come in 2029
It takes an average of 4.8 years from finalizing investment to starting construction of a data center project, and an additional 2.6 years from construction start to becoming operational. Servers usually cannot be installed until after the building structure and racks are completed. For trade partners such as Taiwan (China), South Korea, and Mexico who rely on US data center supply chain demand, the inertia in construction timelines provides at least a one- to two-year buffer for future exports.
Federal Reserve Major Debate: When Should the Tenure of “Number Three” Williams End?
The main point of contention is whether Williams should step down in June 2028, upon completing a full 10-year term, or in June 2027, when he reaches the mandatory retirement age of 65. Analysts point out that the Federal Reserve Board holds ultimate discretion; if he leaves early, Fed Chair Waller would be able to assert greater control over the appointment to this critical position. However, forcing Williams to shorten his term could easily be interpreted as political manipulation. Williams himself is expected to serve until June 2028.
Sunshine Silver weighs doubling mill capacity
Crypto prices
More
