Dark Defender: A Directional Move Is Inevitable for XRP As Long As This Level Is Maintained

Crypto analyst Dark Defender has issued a new assessment of XRP’s market structure, stating that it has completed its correction on the weekly time frame.

In a recent tweet, the analyst maintained that XRP continues to respect its primary technical structures and key levels, reinforcing a view that the market may be transitioning into a new phase.

According to the analyst, the correction phase that has defined recent price action now appears technically resolved. This conclusion is based on the weekly chart structure, which shows price stabilizing after a prolonged downward movement.

The chart shared alongside the post highlights Fibonacci retracement levels, descending trendlines, and a consolidation zone forming near a critical support area.

Dark Defender’s analysis suggests that XRP has reached a point where the previous downward pressure has diminished, allowing the asset to establish a base. The stabilization is visible around the lower range of the chart, where multiple candles indicate reduced volatility and tighter price movement.

$1.31 Level Identified as Critical Support

A central focus of the analyst’s statement is the $1.31 level, which he identifies as the threshold that must be held to maintain the current structure.

He stated clearly that a directional move is “inevitable” as long as XRP remains above this level. The chart provided supports this claim by marking the 50% Fibonacci retracement zone around $1.3170, aligning closely with the stated support.

The technical setup shows XRP consolidating just above this region, with a descending resistance line pressing downward and a potential upward trendline forming beneath the price. This configuration indicates that the asset is approaching a decision point, where either a breakout or breakdown could define the next trend.

Momentum indicators on the chart, particularly the Relative Strength Index, show signs of recovery from lower levels. The RSI appears to be turning upward after nearing oversold territory, suggesting that selling pressure may be weakening. This aligns with the analyst’s assertion that the correction phase has ended.

Market Reactions Reflect Caution Around Support Level

Responses to the post highlight the importance of the $1.31 level in current market sentiment. A user identified as Willa emphasized the same threshold, stating that it represents the floor for XRP’s structure. The comment noted that losing this level could invalidate the existing setup and lead to further downside.

This perspective reinforces the significance of the support zone identified by Dark Defender. While the analyst projects confidence in an upcoming directional move, the condition remains tied strictly to the preservation of this key level.

The chart also outlines higher Fibonacci targets above the current price, including levels around $2.58 and $3.56, which may serve as reference points if upward momentum develops. However, these projections remain contingent on XRP maintaining its structural integrity at the current range.

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.

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