Analyzing XRP through the Elliott Wave lens: Why you should not be afraid during the correction phase

The XRP market has recently shown signs of weakness, with the current price at $2.05, down 2.33% in 24 hours. However, some in-depth analysts view the situation from a different perspective. Instead of focusing solely on short-term fluctuations, they see this as part of a reasonable long-term cycle.

Who is Dark Defender and what is his influence?

Dark Defender is a well-known cryptocurrency analyst on social media platforms, especially famous for bold forecasts and applying Elliott Wave theory to his analysis work. “Dark” in this context refers to the mindset of analysis—“dark” or “deep” thinking—meaning seeing through the surface layers of the market to uncover the true essence.

Recently, Dark Defender has expressed his view that XRP has completed the Wave 4 correction phase according to Elliott Wave theory. He emphasizes that factors such as price volatility, market noise, or USD pressure do not affect the project’s long-term “mission.” Instead of panicking over these fluctuations, he chooses to continue accumulating positions, believing that this is the optimal time for strategic investors.

Recent XRP performance: Exhaustion or preparation for a leap?

Late November and December are challenging times for XRP holders. The token has failed to sustain upward momentum, even falling below key psychological levels. Trading volume has decreased, and attempts to reach resistance zones have all ended in rejection, indicating limited capital inflow.

Market sentiment has been significantly affected. Many short-term investors have withdrawn their positions, and leveraged strategies have been liquidated. However, from the perspective of analysts like Dark Defender, these events are actually positive signs. Corrections tend to last longer than expected, frustrating both buyers and sellers, but they serve to eliminate weak investors and leveraged positions. Once this process concludes, the next trend truly begins.

Elliott Wave Wave 4 and its significance for XRP

In Elliott Wave theory, Wave 4 is a correction phase following a strong upward move. It is often characterized by chaotic price action, which can disappoint both bulls and bears. When Wave 4 ends, the market enters Wave 5—usually considered the most directional movement in the cycle.

Dark Defender asserts that XRP has surpassed the Wave 4 stage. If this assessment is correct, this technical structure implies that the market is approaching Wave 5, a phase likely to bring significant movements.

Long-term strategy: Positioning mindset rather than short-term reactions

Dark Defender continually emphasizes that a long-term strategy is not based on accurately predicting every temporary price level. Instead, it depends on how much XRP you hold when everything settles down. This view is completely opposite to reactionary trading strategies based on short-term momentum.

That is why he still views the current conditions positively, even though the price remains weak. He does not deny the current difficulties but instead redirects the community’s focus from trivial fluctuations to long-term positioning plans. In the cryptocurrency industry, it is often patient investors, willing to endure correction phases, who enjoy real profits when cycles turn around.