Unstoppable XRP: The Dark Defender's Promising Future

Technical Analysis Overview: Crypto analyst Dark Defender believes XRP's recent pullback is part of a larger bullish structure, indicating that the dip may have completed its corrective phase and is setting the stage for consolidation before a potential surge.

RSI and Support Levels: The 3-day RSI has entered an oversold zone, historically associated with trend reversals, while XRP maintains a long-standing support level, suggesting that the asset is poised for a bullish continuation after a brief sideways movement.

Elliott Wave and Fibonacci Projections: Dark Defender's analysis indicates that XRP has completed a corrective sequence and is on the verge of beginning a new bullish wave, with Fibonacci targets suggesting potential price levels of $1.88 and $5.85 in the future.

Market Sentiment and Supply Dynamics: The tightening supply of XRP is expected to increase future demand, reinforcing the bullish outlook, while the current range-bound phase is seen as a preparation for the next significant price movement.