"XRP's Price Correction: A Natural Step Towards Higher Targets"

Crypto analyst Dark Defender recently shared insights on XRP's price movements, addressing the recent correction and the path to higher targets. In a Twitter statement, Dark Defender acknowledged a mistake in communication regarding the possibility of a downside break, emphasizing that corrections are a natural part of market behavior and not a cause for panic.

Dark Defender explained that the recent move toward the $2.81 level aligns with an expanded C Wave scenario, as highlighted in a prior analysis shared five days earlier on his Patreon. Despite the interim fluctuations, XRP remains on track for its next major milestone, with the ultimate price targets unchanged.

In his Patreon post, Dark Defender analyzed XRP's behavior using Elliott Wave Theory and Fibonacci retracement levels. He pointed out that XRP had formed a 5-wave structure, with the correction wave (C Wave) potentially touching the $2.8160 level before resuming its upward trajectory. The Fibonacci level of $3.62 remains a key target, reflecting strong technical resistance.

The chart analysis highlighted in the post shows an ABC correction in orange, which concluded before XRP moved into its current wave structure. Dark Defender noted that corrections like these are part of the broader market cycle and essential for sustained price growth.

In response to Dark Defender's analysis, many community members expressed their support and appreciation for his insights. A user named Bruno commented that there is no need for skilled analysts like Dark Defender to apologize for market corrections or predictions. He highlighted the unique nature of XRP's market dynamics, which often defy conventional technical analysis and require maturity from investors.

Bruno further emphasized the valuable contributions of analysts like Dark Defender, @CasiTrades, and @egragcrypto, whose efforts help elevate the understanding of XRP's price movements within the community. He also advised analysts to avoid engaging with critics, particularly Bitcoin maximalists, and instead focus on the long-term potential of XRP.

Dark Defender's analysis underscores the importance of understanding market corrections as part of a larger trend. While short-term fluctuations may cause concern among less experienced traders, long-term targets remain unchanged. His focus on technical analysis, including Fibonacci levels and wave patterns, provides a clear framework for understanding XRP's price action.

Despite the recent correction, the XRP community remains optimistic about the asset's potential