Add as a preferred source on GoogleDark Defender Marks XRP (XRP) Wave 2 Low at $0.9852 in Reversal Setup
His Nov. 12 analysis lists $1.12 as the first level and shows a daily RSI reading of 33.22.
Crypto analyst Dark Defender identified $0.9852 as the Wave 2 low for XRP (XRP), while naming $1.12 as the first level in his reversal scenario. His Nov. 12 analysis places the low on a long-term support curve and shows a daily RSI reading of 33.22.
“Time for a reversal, towards $1.12 first,” Dark Defender wrote. His chart marks $1.12 at the 23.6% Fibonacci retracement. The next levels are $1.29 at 50% and $1.44 at 70.2%, followed by $1.88 at 161.8% and $2.90 at 200%.
Dark Defender characterized the 33.22 daily RSI reading as oversold. His chart labels an August rise of about 50% over 65 hours, to $1.68, as Wave 5, then shows a Wave 2 correction down to $0.9852. It also pairs that low with the long-term support curve.
Dark Defender previously identified $1.12 as support in his Nov. 6 chart view. In the newer analysis, the same price appears as the first level in his reversal scenario.