Dark Defender rejects bear-market claims, arguing that once Bitcoin dominance weakens, sentiment could flip quickly in favor of altcoins like XRP. XRP’s move hasDark Defender rejects bear-market claims, arguing that once Bitcoin dominance weakens, sentiment could flip quickly in favor of altcoins like XRP. XRP’s move has

Analyst: XRP Bear Market Fears Are Misplaced, Identifies Critical Accumulation Zone

  • Dark Defender rejects bear-market claims, arguing that once Bitcoin dominance weakens, sentiment could flip quickly in favor of altcoins like XRP.
  • XRP’s move has followed a planned Elliott Wave 4 since February, aligning with pre-set targets.
  • The $2.22–$1.88 zone is seen as key accumulation, with the corrective phase likely nearing completion.

Crypto analyst Dark Defender has pushed back against growing claims that the market has entered a new bear phase, arguing that sentiment could shift rapidly once Bitcoin dominance (BTC.D) begins to lose strength. According to the analyst, such a shift would likely favor alternative assets, with XRP positioned as a key beneficiary.


Dark Defender suggests that market participants currently expecting prolonged downside may be caught off guard by upcoming price behavior, as broader narratives begin rotating away from Bitcoin and toward select altcoins.


Wave 4 Structure Tracked Since February

The analyst emphasized that XRP’s recent price action has closely followed a predefined Elliott Wave structure, specifically a prolonged Wave 4 that began on February 13. Dark Defender noted that this corrective phase has unfolded largely as anticipated, reinforcing confidence in the broader technical roadmap.


This framework, according to the analyst, has helped distinguish between emotional market reactions and structured price behavior.


Also Read: Ripple Just Made a Big Move that Would Enhance XRP and RLUSD: Details



Key Price Levels Align With Wave A, B, and C

Dark Defender highlighted several price targets that were set in advance and later reached by XRP. The $1.88 level was initially identified, with XRP falling to around $1.60 in April, marking what the analyst described as Wave A.


Subsequently, a higher target near $3.80 was outlined, with XRP rallying to approximately $3.66 in July, corresponding to Wave B. Most recently, the $1.88 region was revisited as Wave C of the monthly Wave 4, a move the analyst now considers technically complete.


Critical Accumulation Zone Identified

According to Dark Defender, the price range between $2.2222 and $1.8815 represented a key zone throughout this corrective structure. The analyst stated that XRP’s reaction within this range validated the broader wave analysis and provided clarity during both the rally toward $3.66 and the subsequent pullback.


This zone, described as an area of focus rather than fear, was central to the strategy outlined by the analyst over the past few months. Dark Defender stressed the importance of discipline and planning, comparing the approach to that of a boxer preparing for a fight.


Rather than reacting emotionally to market swings, the analyst maintained a consistent outlook based on predefined scenarios. This calm stance, according to the analyst, applied equally during periods of strong upside momentum and during the recent retracement.


Bullish Outlook Maintained for XRP

Looking ahead, Dark Defender reiterated a bullish view on XRP, stating that the market is not in a bearish phase and that further upside remains possible once the current structure is fully resolved. The analyst pointed to a longer-term target near $5.85, while emphasizing that such views do not constitute financial advice.


As market narratives continue to evolve, Dark Defender’s analysis suggests that XRP may be nearing the end of its corrective phase, potentially setting the stage for renewed momentum in the months ahead.


Also Read: XRP Bear Trap Warning: Here’s What Could Happen Next


The post Analyst: XRP Bear Market Fears Are Misplaced, Identifies Critical Accumulation Zone appeared first on 36Crypto.

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