Exchange Ranking
Top Exchanges
24h Volume Ranking
Popularity Ranking
Exchange BTC Balance
Proof of Reserves
Decentralized Exchanges
Funding Rate
Funding Heatmap
Liquidation Data
Max Pain
Long/Short Ratio
Whale L/S Ratio
Binance/Okex/Huobi L/S
Bitfinex Margin L/S
ETF Tracker
Solana ETF
XRP ETF
Hong Kong ETF
Bitcoin Treasuries
Crypto Reversal
Ethereum Reserves
HyperLiquid Wallet Analysis
Hyperliquid Whale Watch
Large Transactions
On-chain Movement
Bitcoin ROI
Stablecoin Market Cap
Options Analysis
News
Articles
Economic Calendar
Features
Wallet
Contract Calculator
Security
Collections
Watchlist
Following
BTC 
ETH 
XRP Analyst Dark Defender predicts that the target price of XRP will reach 0.0022380 ETH, predicting that it will surpass Bitcoin and Ethereum
XRP's long-term trading price is only a small portion of the value of Bitcoin and Ethereum, but the latest analysis by well-known cryptocurrency analyst Dark Defender shows that the market landscape may be changing. He released technical chart data covering the forecast period from 2018 to 2027 and noted that a significant reversal of the XRP/ETH trading pair has begun.
Elliott Wave Structure Analysis
Dark Defender pointed out that the XRP/ETH trading pair has completed a five-wave bearish cycle and accurately locked the low of wave V at 0.0001251 ETH. Starting from this point, he determined that a new bullish Elliot wave sequence had begun. Elliot Wave Theory is a technical analysis tool for financial markets that aims to predict trends by identifying repetitive patterns in prices and investor psychology.
Analysts 'chart shows a five-wave push structure that has rebounded from a recent bottom. Among them, waves (1),(2),(3) and (4) have been presented in the figure. In wave (3), XRP hit a high of 0.0013000 ETH, and then made a correction in wave (4), and the correction low was always above the 61.8% Fibonacci retracement level (0.0003125 ETH).
According to Dark Defender analysis, wave (5) may extend to the 361.8% Fibonacci projection level, or 0.0022380 ETH. Based on current ETH prices, this target means that the nominal price of XRP will exceed US$5.60, well above the current trading level of 0.0005411 ETH. He pointed out that the RSI indicator currently shows at 42.82 on the signal line and 38.35 on the main line, indicating that the market has returned from oversold territory after wave (4).
Dark Defender believes that XRP will not only dominate Bitcoin, but will also surpass Ethereum. It is expected that during the fifth wave, XRP will appreciate these two assets and quickly achieve a reversal.
Micro Dictionary: Elliott Wave Theory -A technical analysis framework for interpreting market cycles and patterns based on investor sentiment themes, often using a series called "waves" to predict asset price trends.
XRP Leading Forecast
In addition to chart analysis, Dark Defender insists that XRP can surpass Ethereum and even Bitcoin not only in value, but also in perceived market leadership. "XRP will not only dominate Bitcoin, but also Ethereum," the analyst said. He predicted that the digital asset would "appreciate against Ethereum and Bitcoin and instantly flip their status in the fifth wave." This view is highly consistent with David Schwartz's recent remarks. As honorary chief technology officer of Ripple, the company responsible for developing and promoting XRP, Schwartz remains a high-profile figure.
Challenging traditional valuation methods, Dark Defender argued: "The market value of the crypto market is an illusion and does not represent the real money injected into assets." He believes that crypto market capitalization (i.e. price multiplied by supply) does not directly correspond to investor inflows, nor does it reflect the liquidity available for trading.
"The market value of the crypto market is an illusion and does not represent the real money injected into assets. XRP will flip the status of Bitcoin and Ethereum."
According to his analysis, raw market capitalization data does not constitute a fundamental limitation on XRP growth. He claims that this makes XRP much more likely than many traditional analysts believe to overtake Bitcoin and Ethereum in market capitalisation rankings.
Key chart levels and next steps
The above chart scenarios show that the retracement of wave (4) may be coming to an end, paving the way for wave (5) to launch a new round of rally to 0.0022380 ETH. The Fibonacci levels on the chart highlight several short-term support levels in case prices continue to fluctuate at this stage: 23.6% is at 0.0007773 ETH, 38.2% is at 0.0005487 ETH, and 50% is at 0.0004141 ETH.
