The price of XRP is trading about $ 1.90 now during the continuous market collapse, but the Ripple community remains positive on future movements.
The “Dark Defender” analyst Publish the viral XRP chart indicates the price pump.
The Elliott XRP Rally theory suggests the main XRP Rally in front of us
The Dark Defender chart uses the Elleott Wave theory to draw XRP market courses. According to this analysis, the XRP completed a strong upward wave (3) that reached its peak in early 2025. Currently, the market is witnessing a correction (4) that seems to find its bottom around the support level of $ 1.88.
What makes this scheme particularly interesting is to drop the wave (5), which indicates that XRP can push towards large new levels between $ 5.85 and perhaps more than $ 8.50. This would represent a great profit from the current levels if the style expects.
The 1.88 dollar support area was determined by Dark Defender again in September 2023 and is compatible with the extension of the Fibonacci 161.8 % of the previous wave. This level has become crucial, as the analyst indicated that “$ 1.8815 holds a company” despite the disturbances in the last market.
There is no change in #xrp A monthly frame.
$ 1.8815 is the company.
The dollar chaos is normal for #Crypto.
Road to Athi.
Remember, remember. pic.twitter.com/l1swuncx7
– Dark Defender (Defenddark) April 7, 2025
Technical indicators that support the upcoming issue
The XRP chart reveals a descending wedge or a corrective triangle style that is formed during the current wave correction (4). These patterns usually indicate a period of unification before the collapse, where the expected trend is a sharp upward step.
Weekly candlestick patterns show the last sale pressure during the month of March and April 2025, and visible like red candles. However, long crumbs on many of these candles indicate strong support for purchase at low levels, especially near the $ 1.88 region.
Dark Defender’s accompanying message enhances his long -term upward view. “There is no change in the monthly XRP frame,” he says, indicating that despite the short -term fluctuations, the largest pattern remains intact. Commenting on the fact that “the US dollar’s chaos is normal for encryption”, it rejects the disruption of the last market as a typical noise that does not affect the long -term direction.
The target represents 5.85 dollars, which has been marked 261.8 % Fibonacci extension levelA common projection tool used by technical analysts. If XRP comes out of its current correction pattern, this will be the first main goal, with the possibility of prices to rise beyond.
Also read: Ripple (XRP) is appointed to the increase? Main drivers indicate $ 10+
Dark Defender believes that XRP will reach its highest level ever. His comment shows “Road to Ath” that he believes that XRP will exceed the previous level of $ 3.40 and climb much higher. This analysis is looking into the big picture instead of daily price movements. Although there is no certain technical analysis, watching whether the support of $ 1.88 will tell us whether this upward prediction may be achieved.
Follow us X (twitter)and Coinmarketcap and Binance Square For more daily encryption updates.
Get all our future calls by joining A free telegram group.
We recommend etoro
The community of active users and social features such as news extracts, and chats to obtain specific metal coins available for trading.
A wide range of assets: cryptocurrencies along with other investment products such as stocks and traded investment funds.
Trading copies: It allows users to copy prominent traders trading, for free.
Easy to use: ETORO web platform on the web -based etoro and the mobile application is easy to use and easy to move.
