XRP has put on a historic performance over the past few months, and this has stirred up excitement in the community for its trajectory in 2025. Crypto analyst Dark Defender (@DefendDark) recently shared an updated chart and analysis on X, providing insights into the projected price movements of XRP based on Elliott Wave Theory.
His analysis highlights an intermediate cycle targeting $5.85 and a primary cycle suggesting a long-term target of $18.22. The analyst has previously predicted these targets , and his updated analysis shows a clearer picture of XRP’s potential path.
XRP had a 4th Wave on his Intermediate Cycle, which I highlighted in Dark Blue, aiming for $5.85 with the 5th Wave.
On the other hand, Primary Cycle Waves, highlighted in Light Blue, still aim for $18.22. (Not Financial Advice)
I have used the same structure since July 23,… pic.twitter.com/CZXFSRyftb
— Dark Defender (@DefendDark) February 3, 2025
The Path to $5.85
Dark Defender’s analysis identifies XRP’s current position in an Elliott Wave cycle. He notes that XRP is in the fourth wave of its intermediate cycle, with an anticipated fifth wave pushing the price toward $5.85. This prediction is based on Fibonacci retracement levels, with 261.80% Fibonacci support aligning with the $5.85 mark.
As of the latest update, XRP has broken through a key monthly resistance level, reinforcing the possibility of an upward movement. The digital asset enjoyed a monthly close above $3 for the first time, and despite the decline over the past few days, Dark Defender remains unfazed.
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Long-Term Outlook of $18.22
In addition to the short-term projection, Dark Defender mapped out a broader primary cycle, suggesting XRP could eventually reach $18.22. This price level corresponds to a 361.80% Fibonacci extension, a common measurement used in technical analysis to predict potential high points in strong bullish trends.
He mentioned that his structural analysis has been consistent since July 2024, when XRP was valued at around $0.40 to $0.50. “We are following it as the Northern Star,” he stated, affirming confidence in his long-term projections.
Market Context and Considerations
XRP has experienced significant volatility over the past few days, largely influenced by broader market trends. A notable analyst also drew attention to potential market manipulation , which contributed heavily to the digital asset’s brief dip below $2.
While Dark Defender’s approach is grounded in technical analysis, it does not account for external factors that could drastically change its trajectory. Despite this, the community is still optimistic, and Dark Defender is confident that XRP will hit these targets in this cycle.
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 urged to do in-depth 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.
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