XRP to $333? Dark Defender Says XRP Grand Wave III Is In Progress
XRP has been building on a 3-month chart for over a decade. Crypto analyst Dark Defender (@DefendDark) published a technical analysis declaring XRP’s Grand Wave III is now in progress. The chart begins in 2013 and suggests a move toward triple-digit prices over the next few years.
The Blue Support Channel and Its History
Two parallel blue trendlines run across the entire chart. These lines define a long-term ascending channel. Dark Defender’s analysis highlights a consistent pattern: every time XRP’s price touched the lower blue support line, a major surge followed.
The chart shows three historical touches of this support. Each one preceded a significant price expansion. According to Dark Defender, this setup preceded Grand Wave III. This move pushed XRP above $3 in 2017/18. It also caused the 500% surge in late 2024 that pushed it above $3 again.
Is Another Breakout Coming?
The chart shows XRP approaching the trendline again. This suggests it would repeat the 2017 breakout, potentially targeting double and triple digits. Before the current move, XRP completed a corrective structure labeled A, B, and C.
The (A) wave marked a trough around 2019-2020. The (B) wave pushed higher into 2021. The (C) wave brought the price back down, completing the correction by 2022-2023.
This corrective sequence finished at the lower blue support channel. XRP then began moving upward again from that zone, with the 2024/25 rally peaking at an all-time high of $3.65 in July 2025.
Fibonacci Targets Define the Upside
XRP traded at $1.34 at the time of his analysis. The chart includes a series of Fibonacci extension levels that project the potential scale of Grand Wave III. The levels are as follows, in ascending order.
The 161.8% level sits at $1.8815. Above that, the 361.8% extension target is at $18.2275. The 423.6% level projects to $36.7676. The 141.40% level is marked at $74.3956. The highest projection on the chart, at 161.8%, reaches $333.1167. The analyst has previously set this target for XRP, revealing his plans not to sell tokens until that level.
Dark Defender’s outlook places XRP at the start of its most significant move yet on the long-term chart. The curved green arrow on the chart illustrates a projected trajectory through 2028, sweeping upward through each of these levels.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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