Dark Defender sees double digit surge for XRP if price breaks $1.56 resistance

Crypto analyst Dark Defender has shared a new technical outlook for XRP, outlining a path to significant gains if the digital asset can surpass key resistance levels. Focusing on Elliott Wave theory, the analyst offered a detailed scenario for a move toward double digits, contingent on crucial support holding firm. XRP’s current price has hovered near $1.33, with its recent market structure described by Dark Defender as a completed Wave 2 in the Elliott Wave sequence. According to the analysis, this corrective wave unfolded as an ABC running flat, with the lows and highs from late August to September forming distinct legs on the daily chart. The Wave C decline down to $1.29 now functions as the foundation for the bullish setup, with that price serving as critical support.

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