Analyst to XRP Holders: Do Not Worry, XRP Is Playing Last Piece of Correction

Prominent crypto analyst Dark Defender (@DefendDark) has reaffirmed his XRP outlook with a post summarizing price movement through April. He particularly highlighted the significance of the $2.222 level. In a chart shared on April 16, he compared projections made on April 9 and 11 with the actual market developments by April 14 and 16. We still see $2.2222 is the key. And we have seen how accurate $2.36 was! Now what? We already summarised April in one post, which I pinned days ago. Do not worry, the last piece of the correction is playing. We will see a great May! https://t.co/Ws0VgM1D2V — Dark Defender (@DefendDark) April 30, 2025 The original forecast called for a move from $1.90 to $2.222, a level which acted as a key target and reaction point. Dark Defender wrote, “We were ready with the bounce at $2.222,” referring to the anticipated retracement that aligned with the completion of a wave structure in his Elliott Wave-based analysis. He also acknowledged how precisely the $2.36 level performed in real-time market activity, reinforcing the validity of his mapped zones. The Role of Wave Analysis and RSI The analyst maintained a consistent wave count in April, labeling a corrective structure with a projected fifth wave initially targeting $2.04. In addition to wave formations, he highlighted confluence with Relative Strength Index (RSI) readings. Oversold signals, particularly on the daily chart, had previously accompanied reversal points, as seen in the April 9 and 11 projections. These technical indicators supported his case for both short-term downward movement and the broader upward structure that remains in play. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Dark Defender’s chart of April 14 emphasized support clustering where a retracement would ideally terminate. By April 16, the fifth wave had not fully unfolded, but the trend remained consistent with prior forecasts. The resistance from the long-term descending trendline and Fibonacci extension levels continues to guide market behavior. Dark Defender has also highlighted a longer-term Elliott Wave pattern , with the digital asset on the cusp of starting Wave 5, and the effects of these numerous positive signals. Looking Ahead to May Dark Defender stated, “Do not worry, the last piece of the correction is playing,” suggesting the current structure is nearly complete. He reinforced that $2.222 remains a key level, noting its technical significance throughout this cycle. Dark Defender’s projections from early to mid-April have largely materialized within expected parameters. XRP is trading at $2.24, and with potential development like the approval of XRP ETFs , the asset could easily break through resistance levels and experience a good month like the analyst predicted. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Analyst to XRP Holders: Do Not Worry, XRP Is Playing Last Piece of Correction appeared first on Times Tabloid .

Source: TimesTabloid