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Top Analyst to XRP Holders: The Stage Is Set. Exciting Times Ahead. Here’s why

Top Analyst to XRP Holders: The Stage Is Set. Exciting Times Ahead. Here’s why

TimesTabloidTimesTabloid2026/08/16 14:03

The Elliott Wave Structure

Dark Defender labels the 2018 peak as Wave 1. He then marks the decline and prolonged consolidation from 2018 through 2025 as Wave 2. XRP began turning around in late 2024 with a 500% surge, and the chart suggests it is currently building up for a massive breakout in Wave 3.

The analysis identifies the current zone as the area where Wave 3 could begin. The monthly chart also shows XRP trading around several Fibonacci levels, including 38.2% at $0.9049, 50% at $1.1817, 61.8% at $1.5431, and 161.8% at $1.8815.

XRP has spent months consolidating, and recent price action has moved into the area highlighted by Dark Defender. XRP remains near the moving averages shown on the chart, while the projected structure points toward a substantial move higher.

The Staging Area

The chart labels the current region as “STAGING AREA.” Dark Defender uses the zone to identify the potential starting point for the next major Elliott Wave advance.

His analysis places particular importance on the relationship between XRP’s current position and the Fibonacci levels above it. The chart marks 85.4% at $2.6313, 261.8% at $5.8563, 161.8% at $14.8074, 361.8% at $18.2275, and 200% at $35.1263.

Higher XRP Targets

Dark Defender’s chart extends the Fibonacci projections much higher. It marks 261.8% at $142.0864. It also shows a 300% extension at $337.0569. A green projection line rises from the staging area toward the $142 level. The chart therefore presents $142 as a major objective within the projected Wave 3 advance.

The white Elliott Wave path also extends into the higher target region. It shows a subsequent Wave 4 structure after the projected advance, followed by another upward phase, suggesting even higher levels.

Dark Defender’s XRP Outlook

Dark Defender summarized his view by writing, “The stage is set. Exciting times ahead.” He also stated that he thinks the setup could be “remembered as the best opportunity in life” people missed.

If XRP moves through the lower resistance levels, the chart provides progressively higher reference points at $2.6313, $5.8563, $14.8074, $18.2275, $35.1263, and $142.0864. The highest projection shown reaches $337.0569.

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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.

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