The XRP price is trading around $1.37 as the broader crypto market takes a slight breather today. XRP barely moved in the last 24 hours, which means the price stayed roughly flat while traders wait for the next (notable) move.
But one popular analyst says that calm won’t last long.
Dark Defender, a well-known crypto analyst and vocal member of the XRP community, posted a chart on X showing that XRP completed a large C Wave with five sub-waves. His message was simple but bold: “Wave 5 towards the $5.85 level is here. XRP Bull Run will be facemelting.
The chart he shared tells a detailed story about where the XRP price could be headed next.
The chart shows XRP price action from early 2025 through March 2026. It’s a technical analyst’s dream, full of wave counts, Fibonacci levels, and key price targets.
Dark Defender labels the entire move from the 2025 lows as a large ABC correction pattern. Wave A took XRP from around $1.45 up to nearly $3.10. Wave B pulled back to around $1.08. Then Wave C began, and here’s where it gets interesting.
He counts Wave C as having five complete sub-waves of its own. Those are labeled (1) through (5) on the chart. Wave (1) pushed XRP toward $3.66. Wave (2) corrected back to around $2.35. Wave (3) ran higher. Wave (4) pulled back again. And now, Wave (5) is just getting started.
Source: X/@DefendDark
The chart has several important price levels marked:
If the XRP price pulls back before running higher, Dark Defender shows support at $1.21 (the 23.60% Fibonacci level) and $1.085 (the Wave C start). The $1.37 area itself could act as support if buyers step in here.
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Based on Dark Defender’s take, the “facemelting” part starts now. With the corrective waves complete, Wave 5 is underway. His target is at $5.85, which would be a massive move from current levels.
That $5.85 level isn’t random. It aligns with previous highs and Fibonacci extensions on the chart. The 161.80% extension from earlier waves points to that area.
The analyst believes the long consolidation period is over. XRP spent months moving in waves, pulling back, and building bases. Now the final push higher is happening.
A move from $1.37 to $5.85 would be about a 325% gain. That sounds huge, but XRP has made similar moves before. In late 2024 and early 2025, XRP ran from around $1.08 to nearly $3.66, a gain of over 230%. So another big move isn’t out of the question.
The key levels to watch on the way up are $1.88, then $2.35, then $3.10. If XRP clears those, $3.66 and eventually $5.85 come into play.
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Dark Defender includes a disclaimer on his chart: “None of the targets represented herein is financial advice. The references here are opinions and are for information purposes only.”
If the XRP price fails to hold $1.37, the next support sits at $1.21. Losing that could mean more downside toward $1.08 before the next leg up.
The XRP price has been range-bound for months. Breaking out of that range takes real buying volume and momentum.
Right now, the XRP price is at a decision point. The analyst sees the start of Wave 5, which means explosive upside. But the market needs to confirm that with a move above recent highs.
For traders watching Dark Defender’s analysis, the levels are clear. Hold $1.37 and push toward $1.88 first. Then $2.35. Then $3.66. And finally, if everything lines up, that $5.85 target.
The “facemelting” part hasn’t started yet. But if this wave count is right, it could begin any day now.
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The post XRP Price Warning: Analyst Says Facemelting Bull Run to $5.85 Has Arrived appeared first on CaptainAltcoin.


