Dark Defender Says The Next for XRP Is Wave 3 towards $4.11. Here’s why

Crypto analyst Dark Defender (@DefendDark) had a specific level in mind for XRP’s final corrective wave. The 38.2% Fibonacci retracement at $1.2133 was the target.

XRP pushed slightly below it, hitting $1.1989, then bounced. Dark Defender’s response was: “Instead of panicking, let’s understand the mechanics.”

The Wave Structure

The daily chart shows a completed corrective sequence. An ABC pattern in orange defines the larger correction. It began just after XRP’s climb to $1.68 at the end of August. After this move, the asset began retracing those gains, with Wave A bottoming in early September.

XRP experienced another surge at the end of September, forming Wave B after it peaked near $1.65. The extended downturn that followed has formed Wave C. Nested inside that structure is a 5-wave impulse move. That entire move plays out within a descending channel, compressing the price throughout September and October.

Wave 5 was the final piece. Dark Defender identified $1.2133 as its expected endpoint. XRP undercut that level slightly before reversing. He counts the $1.1989 low as the completion of Wave 5 and the end of the full corrective structure.

Instead of panicking, let's understand the mechanics.

We expected the last leg, the 5th Wave Path, at $1.2133, and #XRP hit $1.1989 and bounced 🎯

So Wave 2 is technically in.

The Next is Wave 3 towards $4.11. pic.twitter.com/lzW7dB0JSn

— Dark Defender (@DefendDark) October 30, 2026

What the Analyst Says

His assessment is that “Wave 2 is technically in.” The move he expects now is Wave 3, which targets $4.11, and marks a new all-time high for XRP. He also noted that the $1.2133 target and the subsequent bounce qualified as a precision call: “We expected the last leg, the 5th Wave Path, at $1.2133, and XRP hit $1.1989 and bounced.”

The chart marks two Fibonacci levels as reference. The 38.2% retracement sits at $1.2133, the level where the correction was expected to end. Below it, the 23.60% level at $1.1204 remains visible as deeper support. To the upside, the 85.40% level at $1.5692 is marked.

Wave 3 and the $4.11 Target

In Elliott Wave theory, Wave 3 is typically the strongest of the five impulse waves. If Dark Defender’s count is correct and Wave 2 has completed at $1.1989, Wave 3 becomes the next sequence. His target for that move is $4.11, a level that would represent a substantial advance from current prices near $1.2533.

XRP is currently trading near $1.2533 following the bounce from $1.1989. The corrective structure Dark Defender outlined has reached its conclusion by his count. The next phase, if the wave count holds, is an impulsive move higher.