In a fresh reminder, the analyst said a daily close above $1.5692 would open a fast expansion toward $2.90 and $4.11. That is the tactical map: reclaim the level, then let momentum stretch into the next resistance cluster.
The larger call sits much higher.
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Wave 1 printed. Wave 3 is the headline.
On Sept. 30, Dark Defender revisited a count first laid out on Aug. 3, 2024, when the Wave 1 top was projected at $3.3939. That zone was later tagged, which is the core of the argument now: the first impulse completed, so the structure shifts toward a larger Wave 3.
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The macro objective attached to that third wave is $36.
That figure is deliberately extreme relative to current prices. In Elliott Wave terms, third waves are often the strongest leg of an impulse, which is why long-time followers of the count treat $36 as a cycle target rather than a next-week level.
The analyst also noted that volume conditions are starting to resemble the buildup seen before Wave 1, and pointed to a coming Nasdaq-related catalyst as part of the broader backdrop.
How the levels stack together
The hierarchy in the posts is fairly clean:
- $1.5692 — daily close trigger
- $2.90 — first expansion target
- $4.11 — second expansion target
- $36 — The Wave 3 macro objective
In other words, the market still has to prove the breakout before the ambitious math matters. A daily close above $1.5692 is the gate. Without that, the upside ladder stays theoretical.
Why traders pay attention
Dark Defender’s edge in this conversation is consistency. The Wave 1 projection was made publicly in 2024 and later filled near the stated area. That track record is why the same account’s Wave 3 map gets amplified now, even when the terminal target sounds outsized.
Skepticism remains rational. A move to $36 would require a full-regime repricing of XRP, not just a clean five-wave continuation on a chart. The nearer levels are the ones with more immediate relevance: $1.5692, then $2.90, then $4.11.
The clean read for XRP
XRP is being framed as a market in transition between a completed first impulse and a potential third-wave expansion. The short-term tell is a daily close above $1.5692. The medium-term waypoints are $2.90 and $4.11. The long-range claim is $36.
Whether that full sequence arrives is still the market’s job to confirm. For now, the map is on the table — and the first line in the sand is not $36. It is $1.57.
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