Dark Defender: XRP Could Quickly Rally To $2.90 and $4.11 If This Happens

XRP has been trading near a critical price level. Crypto analyst Dark Defender (@DefendDark) identified $1.5692 as the threshold that determines whether a significant expansion move begins. His analysis states that a daily candle close above $1.5692 puts XRP on course for $2.90 and $4.11.

What the Chart Shows

Dark Defender’s post referenced a chart he published previously. That chart maps out XRP’s price structure using Fibonacci extension levels. It also features an Elliott Wave structure showing a completed Wave 2 correction as the base for the next move higher.

The extensions on the chart project a ladder of targets. The 161.8% level sits at $1.8815. The 200% extension lands at $2.9032. The 261.8% level reaches $4.1043, a level the analyst recently emphasized. At the top, the 300% extension targets $7.0786, labeled as a potential Wave 3 peak.

The circled area on the chart highlights the price action around the $1.56 zone, which aligns with the 61.8% Fibonacci retracement level at $1.3798 and the 70.2% level at $1.4445. The RSI indicator at the bottom of the chart is also highlighted, showing a bullish crossover and the RSI beginning to rise.

Community Sentiment

Intriguingly, that is another level Dark Defender once highlighted. Another suggested market participants should watch for a close above $1.60 just to be safe.

The responses show a community that has been monitoring this level closely and views a close above $1.5692 as a confirmation signal.

The Levels Ahead

Dark Defender’s analysis gives traders a clear sequence of price targets to monitor. The first meaningful test comes at $1.8815. A sustained move through that level opens the path to $2.9032. Beyond that, $4.1043 represents the next major extension. For now, investors are watching for a daily close above $1.5692, and the predicted breakout to $2.90 and $4.11.