Dark Defender: XRP Wave 3 Is On a Ballistic Missile Ramp
XRP is sitting at a crossroads. Crypto analyst Dark Defender (@DefendDark) posted a technical analysis identifying the current price zone as the launch point for a swift, explosive upside move.
He calls it a “ballistic missile ramp.” His chart places XRP inside a converging structure between yellow support and orange resistance, with the next major wave already beginning.
XRP is standing between the yellow support and orange resistance.
Wave 3 is on a Ballistic Missile Ramp.
The Structure Dark Defender Sees
The chart covers price action from late 2024 through a projected path into 2027. XRP’s recent breakout pushed it into a falling wedge, with price compressing between two converging trendlines. The yellow line marks the lower support boundary.
The asset fell out of this pattern when it crashed in early February but has now returned to that range. Dark Defender identifies the current position as Wave 2, marked on the chart near the $1.33 to $1.29 support zone. Wave 1 has already completed from the same circled area.
The chart suggests a decline during Wave 2, and another breakout near the apex. This would kickstart Wave 3.
The Fibonacci Targets
The analysis uses Fibonacci extension levels to project the targets for Wave 3 and beyond. The 161.8% extension sits at $1.8815. The 261.8% extension reaches $4.1043. The 361.8% extension puts XRP at $7.0786. The 427.2% extension, labeled as the Wave 5 target, lands at $10.1101.
A separate 361.8% level marked at the top of the chart projects a longer-term target of $18.2275. Dark Defender’s post identifies the “Road to $10.1101-$18.2275” as the projected destination for this cycle.
RSI Supports the Setup
The RSI indicator at the bottom of the chart reinforces the technical picture. The purple RSI line has been trending downward throughout. Dark Defender circles the zone where it begins turning upward, coinciding with XRP’s surge.
It now sits at 50.97. The momentum’s recovery aligns with the price action at Wave 2, supporting the case for Wave 3 launching from current levels.
Price Levels to Watch
Dark Defender lists two support levels for traders to monitor: $1.33 and $1.29. These sit just below the current price and define the setup’s floor. A hold above these levels keeps the Wave 3 scenario intact. The convergence of the descending trendlines and the Fibonacci base gives this zone technical weight.
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.
You may also like
Atmos Energy forecasts 6%-8% annual EPS, dividend growth through fiscal 2030
ISS targets 2026-28 organic growth above 5% annually, 2028 operating margin 5.5%-6%
ISS targets over 5% annual organic growth through 2028 under new mid-term plan
This David Schwartz’s Explanation Shows XRP Is Way Better Than Bitcoin
