XRP recently closed a weekly candle, bringing renewed focus to its price movement and structure on the larger time frame. Prominent crypto analyst Dark Defender has weighed in on the asset’s movements, sharing a chart that shows the asset moving within a defined wave pattern.
With the fourth wave now complete and the fifth wave currently underway, this projection suggests the possibility of significant continuation if the outlined structure holds.
#XRP in the weekly time frame closed a weekly candle yesterday.
We had addressed the 4th and 5th White Waves on February 13th (Monthly Structure).
4th Wave is complete.
5th Wave is in progress.This wave can still extend into double digits.
I know everybody is bearish.
I… pic.twitter.com/sfPN5Moj54— Dark Defender (@DefendDark) September 30, 2025
XRP Price Targets and Support Levels
The analysis establishes clear levels for both potential gains and areas where support might hold. Dark Defender highlighted $3.33 and $3.66 as the next targets for XRP, with the second target sitting just above its all-time high.
These figures represent levels where the price may encounter resistance as the wave continues. Should XRP extend beyond these points, the chart also leaves open the possibility of further growth.
On the support side, the chart emphasizes $2.7 and $2.64 as zones of interest. The digital asset’s current wave is a corrective one, and the analysis suggests it could drop to $2.645, which aligns with the Fibonacci 50% retracement.
Sitting below this level is the 23.6% level of $2.228, providing further reference points in the event of a pullback. However, investors have no reason to panic if the asset’s price falls, as these levels could serve as critical areas where buyers may step in and resume the broader bullish trend.
What’s Next for XRP?
While XRP sits within a corrective final wave, the chart shows a larger Elliott Wave pattern, with XRP about to begin the third and most powerful wave of the entire cycle. If the asset experiences an explosive move to match this wave, the targets on the chart are $4.17 and $5.85, both aligning with the 261.8% Fibonacci level on different scales.
The analysis also stated, “This wave can still extend into double digits,” showing that while shorter-term levels are mapped out, there remains an openness to larger potential moves depending on momentum.
Acknowledging the current market climate, the analyst addressed the prevailing sentiment, saying, “I know everybody is bearish. I know the US Government can shut down tomorrow. I know.” Despite this, it’s factual that the technical picture suggests continuation, and he anticipates a bullish move for XRP in the short term.
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