Dark Defender to XRP Holders: Let’s Update the 10-Day Time Frame

Crypto analyst Dark Defender has shared a fresh technical outlook for XRP, stating that the asset may have completed a five-wave downward movement and could now be preparing for a new upward structure.

According to his latest analysis, the next key objective is a move above $1.88 before advancing toward the $3 region.

The update focuses on XRP’s 10-day timeframe and outlines several support and resistance levels that the analyst believes will determine the next phase of price action. Dark Defender concluded his post by wishing followers a pleasant weekend while presenting his revised chart.

Dark Defender Points to Completion of Five-Wave Decline

In the chart accompanying the post, Dark Defender highlighted what he described as a completed five-wave corrective move. The final leg of the decline appears to have ended near the $1.09 support zone, which the analyst marked as an important area for XRP.

He stated that XRP is now looking toward “a move with a new structure” that could first target the $1.88 level and later extend above $3. The chart also shows a projected upward path from current levels and eventually reaching the area around $3.56.

According to the analyst, XRP currently has support levels at $1.13 and $1.09. These levels may act as important price floors should the asset experience additional short-term volatility.

On the upside, Dark Defender identified resistance levels at $1.21, $1.47, and $1.88. A successful break above those barriers, in his view, could open the door for a move beyond the $3 mark.

The chart includes Fibonacci retracement levels and a descending trendline, with the projected trajectory suggesting that overcoming these technical obstacles would confirm the formation of the new structure.

Community Members React to the Analysis

Several users responded to the post with their own observations. X user Justin commented that he hopes investor confidence will ultimately align with the bullish outlook shown on the chart.

“Let’s hope investor confidence matches the chart,” he wrote.

Another community member, Glenn Laborda, joked about the repeated bullish projections that have appeared over time.

“You gotta be tired off drawing the green up candles by now!” he remarked.

Dark Defender’s latest assessment arrives as market participants continue to monitor whether XRP can establish a bottom following months of downward pressure. His analysis suggests that the completion of the five-wave decline may have created conditions for a new trend structure, with $1.88 representing the first major level to overcome and the $3 region standing as the longer-term objective.

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.

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