XRP eyes breakout as analyst Dark Defender sets $1.5692 as Wave 3 trigger

XRP has faced persistent downward pressure for several months, challenging the resolve of investors who entered at higher price levels. Despite this extended correction, crypto analyst Dark Defender has urged market participants to remain calm, emphasizing that such patterns are part of larger market cycles. Sharing insights on social media, Dark Defender outlined his Elliott Wave analysis for XRP on the weekly chart. He described the recent decline as Wave 2 in an ongoing bullish cycle, observing this phase as a necessary correction designed to remove weaker holders prior to a potential upward surge.

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