XRP analyst Dark Defender targets $4.11 after Wave 2 correction

Crypto analyst Dark Defender has set a new bullish target for XRP, identifying a potential move to $4.11 following what he describes as the completion of the digital asset’s most recent corrective wave. XRP recently dipped to $1.1989, just below the 38.2% Fibonacci retracement level of $1.2133 that Defender projected as the likely endpoint of the correction, before reversing direction. The daily chart for XRP reveals a completed ABC corrective pattern, according to Defender’s analysis. This pattern began after XRP’s climb to $1.68 in late August and has traced a series of retracements since then. After topping near $1.68, XRP saw a pullback with the first corrective wave, Wave A, finding a low in early September.

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