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DeFi

Dark Defender Says XRP’s Second Leg Breakout Is Close, Sets First Target

XRP has climbed over 50% from its recent low, and while most analysts are still accounting for the first move, Dark Defender (@DefendDark) is looking ahead. The analyst has published a techni

AnonymousCryptoCompass newsroom
August 26, 2026
3 min read
NEWS
Dark Defender Says XRP’s Second Leg Breakout Is Close, Sets First Target
CryptoCompass editorial visual for defi coverage.

XRP has climbed over 50% from its recent low, and while most analysts are still accounting for the first move, Dark Defender (@DefendDark) is looking ahead. The analyst has published a technical analysis targeting $4.11 as XRP’s next major price level, arguing the asset is preparing for a second-leg breakout that dwarfs what has already happened.

The Technical Structure

Dark Defender’s analysis is built on a 4-hour XRP/USD chart using Fibonacci extensions and Elliott Wave theory. His wave count shows XRP completed wave 4 at the August lows before launching into wave 5.

The first leg of that wave carried the asset from those lows up to a peak of $1.68 before pulling back. XRP now trades at $1.46, sitting above the key demand zone between $1.4445 and $1.5692 on the chart.

Dark Defender reads the current price action as an internal correction within wave 5, not the end of the trend. That demand zone could attract aggressive buyers and launch the asset toward higher levels. Notably, the asset now sits within a consolidation triangle, and the analyst treats the current level as a reloading point within the same structure.

The 261.8% Fibonacci extension sits at $4.11. That is Dark Defender’s next target for the second leg. His post states: “XRP’s second leg breakout is close. Time pattern says, $4.11 first!” The chart’s trajectory arrow sweeps from the current consolidation zone directly toward $4.11, bypassing intermediate levels.

What Fueled the First Leg?

The wave 5 launch did not happen in isolation. On August 19, the U.S. Treasury announced it would more than double its debt buyback operations on long-dated securities, raising the cap from $2 billion to at least $4 billion per operation across the 10- to 30-year sector. Caitlin Long, CEO of Custodia Bank, identified the move as the macro driver. She described it as the Treasury “doing a version of yield curve control.”

Lower yields weakened the dollar. Risk assets, including XRP, responded immediately. XRP surged 12% on August 19 alone. A White House crypto summit held the same day added further momentum. From its prior low, XRP climbed over 50% and peaked near $1.68 before the current pullback.

The Second Leg

Dark Defender’s position is that the macro-driven first leg put the structure in motion. The technical work now points to a continuation. With wave 5 still active and price consolidating above key support, his analysis sees $4.11 as the logical destination for the next push.

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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