XRP continues to consolidate within a defined technical structure, and traders are closely monitoring whether the asset can sustain its recent support levels. According to a chart shared by Dark Defender (@DefendDark), a prominent analyst on X, XRP is progressing through a five-wave impulsive Elliott Wave pattern . He shared a one-day chart highlighting a series of movements that suggest the cryptocurrency may be entering a decisive phase. The chart indicates that the fourth corrective wave has been completed, setting the stage for the fifth and final wave in the sequence. Hi all, I hope all is well. Within the 1-day time frame, XRP follows the 5 Impulsive Elliott Wave structure. The 4th Wave is technically completed. As long as $2.85 is maintained, #XRP is ready for $4.39, the 5th wave. (NFA) Have an excellent Sunday with your loved ones! pic.twitter.com/mbF9wOmbEX — Dark Defender (@DefendDark) August 31, 2025 The Elliott Wave Structure The chart shows that wave 3 peaked when XRP hit an all-time high of $3.65 before consolidating into wave 4, which retraced toward the $2.85 region. This retracement aligns with the 23.6% Fibonacci level, reinforcing its role as a critical support zone. While XRP has yet to recover from the recent decline , this alignment suggests that the asset may have completed its corrective phase and is preparing for renewed upward momentum. The outlined fifth wave target corresponds to a 161.8% Fibonacci extension of the prior impulse, a common measurement used to project Elliott Wave completions. The analysis places particular importance on the $2.85 level, noting it as a key threshold for continuation. As long as XRP holds above this support, the projection for the fifth wave remains intact. The potential target of $4.39 represents the anticipated completion of this wave cycle. In his own words, the analyst stated that “as long as $2.85 is maintained, XRP is ready for $4.39.” We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 XRP’s Potential Upside While some analysts believe XRP has exhausted its bullish momentum , Dark Defender’s analysis is predicting a 54% increase. Such a move would also push the digital asset above its recent highs, reinforcing the bullish outlook tied to this technical pattern. The magnitude of this potential gain highlights why the $2.85 support zone is so critical. A sustained hold above this level preserves the Elliott Wave framework, while a failure to maintain it could invalidate the projection and suggest further downside. XRP is at a pivotal moment, and consolidating around the crucial $2.85 level. With the fourth wave appearing to have ended and the fifth projected to $4.39, the key remains whether XRP can sustain its footing above the boundary between continuation and reversal. 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. Follow us on X , Facebook , Telegram , and Google News The post Dark Defender Says As Long As This Level Is Maintained, XRP Is Ready for $4.39 appeared first on Times Tabloid .
