Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Dark Defender Says XRP Is On Its Way to $18 First. Here’s why

Dark Defender Says XRP Is On Its Way to $18 First. Here’s why

TimesTabloidTimesTabloid2026/02/27 11:33
By:TimesTabloid

XRP is showing strong upward momentum following recent technical developments. Crypto analyst Dark Defender (@DefendDark) shared a chart on X, indicating that Wave 4 has concluded and Wave 5 is set to begin.

He posted, “XRP is on its way to $18 first. Wave 4 is complete, and Wave 5 is starting. Enjoy the show.” This projection aligns with key chart patterns and momentum indicators.

XRP is on its way to $18 first.

Wave 4 is complete, and Wave 5 is starting.

Enjoy the show #XRPArmy.

NFA! pic.twitter.com/Gsl5rqDrNR

— Dark Defender (@DefendDark) February 25, 2026

Wave Analysis and Support Suggest Continued Growth

Dark Defender’s chart displays a clear Elliott Wave sequence. The completion of Wave 4 suggests that the corrective phase has ended. Wave 5, typically characterized by strong directional movement, now appears to be initiating.

Fibonacci extension levels marked on the chart show potential targets at $1.88, $5.85, and $18.22, corresponding to 161.8%, 261.8%, and 361.8% extensions. These levels provide a framework for understanding the possible trajectory of XRP’s price in the coming months.

The chart indicates solid support near the $1.44 level, with the Relative Strength Index (RSI) showing rising potential from oversold territory. Green circles on the chart mark previous points where the RSI rebounded. The last occurrence was in 2024, a few months before XRP’s 500% surge at the end of the year.

The recurrence of this signal suggests that momentum may shift in favor of buyers. Dark Defender emphasizes that these support points validate the start of Wave 5, reinforcing confidence in XRP’s next price movement.

Price Projections and Key Targets

The analyst’s chart identifies multiple potential targets as XRP moves higher. The first significant level is $1.88, followed by $5.85. The most ambitious target on the chart is $18.22.

Each target corresponds to Fibonacci projections calculated from previous waves. Wave 5’s movement typically extends beyond Wave 3, and current positioning suggests that XRP could reach these levels if buying pressure sustains.

Momentum Indicators Align With Upside

Technical indicators, including the RSI, support the bullish scenario. The RSI recently moved from the oversold zone, forming a pattern similar to previous upward shifts.

Historical rebounds suggest increased buying momentum as Wave 5 progresses. Dark Defender’s chart highlights these areas with circles, emphasizing key points of momentum confirmation.

XRP’s current structure, combined with clear Fibonacci projections and momentum support, suggests a significant upward move is possible. Wave 5 initiation signals a period of strong directional price action, and XRP could soon reach double digits.

0
0

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.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

"Agent vs US Treasury" — Who Will Dominate the US Stock Market?

The wave of AI Agents and US Treasury yields are splitting the US stock market into two worlds: Meta's release of the Muse model boosted its market value by $220 billion in a single week, propelling the Nasdaq's standout performance; however, excluding AI stocks, the S&P 500 actually fell 1% this week, with the number of new lows on the New York Stock Exchange surpassing new highs for nine consecutive days, signaling the near end of "breadth trading." Goldman Sachs bluntly stated that this is a "frustrating cat-and-mouse game" between the stock market and interest rates—any breakout can be snuffed out by the bond market at any time, so equity holders must short US Treasury bonds to hedge simultaneously.

华尔街见闻•2026/09/26 02:31

Hopes for a ceasefire between the US and Iran encounter obstacles again! Trump rejects Iran's seven-day proposal; inflation pressure under $100 oil prices remains difficult to ease

Trump rejects a ceasefire with Iran, and it is expected that bombings will occur again after the midterm elections. The president doubts whether Tehran will meet his demands.

智通财经•2026/09/26 02:31