Crypto analyst Dark Defender (@DefendDark) has published a technical outlook on XRP that carries specific price targets and clear structural logic. The analysis centers on Elliott Wave theory
Crypto analyst Dark Defender (@DefendDark) has published a technical outlook on XRP that carries specific price targets and clear structural logic. The analysis centers on Elliott Wave theory and a potential run toward double digits.
The current price sits near $1.33, and the analyst believes the setup is constructive. He identifies the recent corrective move as a completed Wave 2. The structure took the form of an ABC running flat, with the three labeled legs visible on the daily chart.
Wave A bottomed near late August, Wave B formed when XRP recovered to around $1.65 in September, and Wave C concluded with the decline to $1.29. That completion point now serves as the critical support level for the entire thesis.
XRP completed Wave 2 as an ABC, running flat.
As long as $1.29 holds, the next test is $1.44 – $1.56.
Nothing changed.
Above $1.56, double digits will be instant. pic.twitter.com/7PPrW7A2EC
— Dark Defender (@DefendDark) October 20, 2026
The analyst states that as long as $1.29 holds, the bull case remains intact. That level corresponds to the 50% Fibonacci retracement of the prior rally. A hold there confirms Wave 2 is complete and Wave 3 is beginning.
Dark Defender identifies the first resistance zone as $1.44 to $1.56, which aligns with the 70.2% and 85.4% retracement levels on the chart. His post reads: “Nothing changed.” That shows confidence in the structure despite the recent consolidation.
XRP has compressed in a tight range near $1.33, and the RSI on the daily chart sits around 42, with a potential bullish crossover forming. Momentum has not broken down, and confirmation could reinforce the bullish narrative.
The chart projects three major upside targets if Wave 3 plays out. The 161.8% extension sits at $1.88. The 200% extension reaches $2.90. The 261.8% extension targets $4.10. These levels derive from the measured move of the prior Wave 1 rally that happened in late August.
Dark Defender notes that above $1.56, “double digits will be instant.” That reflects his expectation that a breakout above the top of Wave B would trigger aggressive momentum continuation with limited resistance above.
The blue projected path on the chart shows the asset moving up and out of the current consolidation zone very quickly. The trajectory heads toward $1.88 as the first major test, with the higher Fibonacci extensions following in sequence.
Dark Defender presents a clear condition for the setup. $1.29 is the support level that must hold. The next resistance test runs from $1.44 to $1.56. Above $1.56, the analyst expects sharp acceleration toward double digits.
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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The post Top Analyst Says Double Digits Will Be Instant Once XRP Crosses This Level appeared first on Times Tabloid.
