Crypto analyst Dark Defender remains a strong supporter of XRP, even amid the altcoin’s recent price decline. In fact, the analyst believes the current downtrend aligns with XRP’s long-term bullish outlook and could set the stage for a major rally toward new highs.
In a recent post on X, Dark Defender clarified that XRP is not in a bear market. Instead, the drop is part of “Wave 4” in the Elliott Wave cycle, a typically corrective phase. The analyst notes this wave has been unfolding since February 2025 and must complete before the next—and often most bullish—wave begins. Dark Defender advises investors not to panic, reiterating a long-term price target of $5.85, which would surpass XRP’s previous all-time high of $3.84.
Adding to this perspective, analyst STEPH IS CRYPTO suggests XRP may be forming a bottom. They point out a rare bullish divergence appearing in the XRP Relative Strength Index (RSI) on the daily chart—a pattern last seen in 2022, which preceded a sharp price increase. This signal suggests selling pressure could be weakening, potentially setting the stage for a reversal and rally.
“Nothing is guaranteed,” the analyst cautions, “but from a technical perspective, this is one of the strongest early reversal signals you can get.”
Frequently Asked Questions
FAQs XRP Hasnt Entered a Bear Market Yet According to Analyst
BeginnerLevel Questions
1 What does it mean that XRP hasnt entered a bear market yet
It means that according to this specific analysts technical and market analysis the price of XRP has not yet entered a prolonged and significant period of decline despite broader market trends that might suggest otherwise
2 What is a bear market in simple terms
A bear market is a period when asset prices are falling or are expected to fall significantly typically by 20 or more from recent highs and market sentiment is predominantly pessimistic
3 Why is this analysts opinion newsworthy
Its newsworthy because it offers a counternarrative to general market fear or negative sentiment If many believe the entire crypto market is in a downturn an analyst claiming a major asset like XRP is bucking that trend can influence investor perception and decisions
4 What factors might an analyst look at to make this claim
They typically analyze XRPs price charts trading volume its price action relative to other cryptocurrencies like Bitcoin key support levels its holding above and broader market catalysts specific to XRP
Advanced Practical Questions
5 How can XRP potentially avoid a bear market if Bitcoin is in one
While often correlated cryptocurrencies can sometimes decouple XRPs price could be supported by factors unique to it such as positive developments in Ripples ongoing legal case with the SEC increasing adoption for crossborder payments or strong holding by its community which might insulate it from broader market selloffs
6 What are key technical levels or indicators this analyst is likely watching
The analyst is likely monitoring
Major Support Levels Prices like 050 or 045 which XRP has historically bounced from
Relative Strength Index To see if XRP is oversold or showing hidden strength
Volume Profile Whether selling volume is decreasing even on price dips suggesting a lack of strong bearish conviction