XRP is currently trading around $1.16 as discussions intensify over its future trajectory. While bearish sentiment has been growing following a sharp market downturn, crypto analyst Dark Defender remains unfazed and argues that the digital asset’s price structure remains solid. Dark Defender, a well-followed cryptocurrency chartist, stated that he had already marked critical XRP support levels well before the recent price drop. On October 25, he published a chart outlining $1.21 and $1.12 as key Wave 2 supports using an Elliott Wave approach.