Dark Defender (@DefendDark), a prominent crypto analyst on X, recently published an updated chart that revisits the “Masterpiece” framework first presented in February 2021. The post reaffirms the analyst’s long-term wave structure for XRP and states that the market has completed Waves 1 and 2, a phase that required seven years to unfold.
The update emphasizes that XRP has now entered what the analyst identifies as Grand Wave 3, and Dark Defender’s analysis suggests that XRP could be headed for triple digits.
My Dear Friends, I promised earlier to everyone about the Grand Wave Structure Update.
We first addressed the Masterpiece in February 2021. And I know many were telling me XRP cannot even surpass 30 cents.
They called me Crazy, etc.
And many crazy predictions boomed after that.… pic.twitter.com/qxkhbkBRN2 — Dark Defender (@DefendDark) August 9, 2025 Unfolding Patterns on XRP’s Chart The chart overlays a multi-year ascending channel and an Elliott Wave pattern that has dictated XRP’s trajectory throughout its history.
The analyst describes the recent movement as the beginning of Wave 3 and uses the earlier Masterpiece as the reference for projected extensions.
The update repeats a point that was resisted by critics in previous cycles.
Dark Defender referenced skeptics who told him in early 2021 that XRP would not cross $0.3. However, the asset experienced swift growth that year, reaching a multi-year peak of $1.96. The analyst now anticipates larger price expansions based on the Elliott Wave pattern and other bullish indicators.
Adding to the ascending channel and multi-wave pattern, the chart also shows a rounding bottom formation , cementing XRP’s climb in Wave 3 and potentially supporting its growth.
We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 XRP’s Wave 3 Targets The post arrives amid persistent debate within the community about long-term token behavior and price targets.
Ripple and the SEC recently settled their legal battle, but XRP’s price has yet to rally significantly, and some experts suggest that the end of the lawsuit will not kickstart XRP’s growth .
Dark Defender’s analysis has reinforced the bullish sentiment shared by many analysts.
He shows that the market has shifted into the next structural phase, and despite skepticism from some market participants, he has high expectations for the asset.
While he did not provide a specific target, his chart suggests that Wave 3 could send XRP above $333 (Fib 161.8%).
The analyst also highlighted crucial resistance levels that could become support as XRP grows.
The first was $1.88 (Fib 161.8%), which the asset has surpassed.
The other two levels are $5.8563 (Fib. 261.80%) and $18.2275 (Fib. 361.8%).
Notably, Dark Defender has previously stated that he has no plans to take profit from XRP until it reaches $333 , and the current technical setup could help the asset reach that price target.
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