Just caught Dark Defender's latest chart analysis on XRP and the setup looks pretty compelling. The crypto analyst is calling for Wave 5 to kick off now that Wave 4 has wrapped up. He's posting that XRP could hit $18 first, which honestly seems wild but the Fibonacci levels he's marking actually make sense on the chart.

What caught my eye is the support holding around $1.43 right now. Dark Defender has been tracking these RSI rebounds, and there's a pattern forming similar to what happened a few months before that crazy 500% run at the end of last year. The analyst is pointing out that when the RSI bounces from oversold like this, it tends to signal momentum shifting to the bulls.

Looking at the targets Dark Defender is highlighting - $1.88, then $5.85, and eventually that ambitious $18.22 - they're all based on Fibonacci extensions from previous waves. If Wave 5 really does start here and buying pressure sticks around, these levels aren't totally unreasonable. The crypto analyst seems confident that this setup validates the next leg up, and the momentum indicators do seem to be aligning. Whether it plays out is another story, but worth watching how this develops over the next few months. Not financial advice obviously, just sharing what I'm seeing on the charts.