Analyst: This Chart Says XRP Is Ready

Crypto analyst Dark Defender has laid out a detailed technical case for XRP. In a recent post on X, he identified a critical trigger level that could send the asset into its most powerful Elliott Wave phase yet. XRP peaked at $1.68 after the rally in late August . It then entered a corrective sequence, and that correction has followed a classic ABC pattern across the daily chart. Wave A marked the initial drop, Wave B produced a sharp but short-lived recovery, and Wave C/5 brought price down to the current range near $1.31.