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Coin Edition 2025-04-16 10:31:42

Dark Defender Calls for One More XRP Drop Before the Real Rally Starts

Dark Defender Calls for One More XRP Drop Before the Real Rally Starts

XRP followed key price targets identified on April 9 and April 11. Dark Defender projected a rise to $2.222 and a pullback to $2.04. Now, he projects a likely drop to $1.74 based on Fibonacci retracement levels. Crypto analyst Dark Defender reported that XRP’s recent price action aligned with his earlier technical forecasts. Between April 9 and April 16, XRP moved as projected, reaching $2.222 and showing signs of a fifth-wave retracement toward $2.04. The analysis highlighted Elliott Wave patterns and Fibonacci retracement levels to predict a new dip to $1.74. XRP Price Follows Forecast Path Technical analysis released by Dark Defender on April 9 anticipated that XRP would climb from around $1.90 to $2.222. Price action followed this path. Two days later, on April 11, he updated the chart to show a possible rejection at $2.222, followed by a corrective fifth wave targeting $2.04. By April 16, XRP began its downward move, following the projected wave structure. Dark Defender Analysis: Is XRP in a Final Dip Before Rallying? The forecast used Elliott Wave theory, marking five distinct wave phases. The analysis also relied on the Relative Strength In… The post Dark Defender Calls for One More XRP Drop Before the Real Rally Starts appeared first on Coin Edition .

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