Crypto analyst Dark Defender (@DefendDark) has published a new chart for XRP. According to the analyst, the asset remains locked inside a tightening structure that could soon produce a major move. In a recent post, he wrote, “Nothing changed. #XRP continues to coil inside the apex. The Equation is expected to change in a week.” His chart shows XRP trading inside converging trendlines on the weekly chart. The setup points to compression near the end of a symmetrical triangle formation . Traders often watch these structures closely because volatility usually expands once the price reaches the apex. XRP Holds Key Support While Resistance Tightens Dark Defender’s chart places XRP near $1.4, trading between ascending support and descending resistance. The blue rising trendline has held since XRP rebounded from the October flash crash . This rising support also prevented a further decline when XRP crashed with the broader market in early February. At the same time, the orange descending trendline, which formed after XRP’s peak in July 2025, continues to cap upside momentum. That squeeze has narrowed significantly over the past several weeks. XRP now sits close to the point where both trendlines intersect. According to the analyst, the “Equation” could change within a week, suggesting the current structure may soon be resolved. The chart also includes Fibonacci extension targets, placing the next upside levels at $1.88 and $3.56. Those correspond with the 161.8% and 361.8% Fibonacci extensions marked on the chart. This would place XRP just below its all-time high of $3.65 . RSI Shows Momentum Recovery Dark Defender’s setup also tracks the RSI on the weekly chart. The RSI currently sits near 38 after spending months below the midpoint level. The indicator has started to curl upward while staying above recent lows. That movement may support the idea that bearish momentum has weakened during consolidation. The chart also labels an Elliott Wave structure guiding XRP’s trajectory. The digital asset just completed Wave 4 with the current decline, and the chart suggests that Wave 5, the final bullish wave, is about to begin. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 XRP Approaches a Decision Point The most important area on the chart remains the apex itself. XRP has spent months compressing between support and resistance, while volatility has gradually declined. Its price now approaches the stage where continuation in the current range becomes difficult. A breakout above the descending resistance line could open the path toward the $1.88 Fibonacci level first. If momentum accelerates, the chart’s higher extension near $3.56 would become the next major level before XRP targets higher levels . 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 advised to conduct thorough 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 Dark Defender to XRP Holders: Nothing Changed. Stay Strong. Here’s why appeared first on Times Tabloid .
