Add as a preferred source on GoogleChartNerd Sets $5.89 XRP Target for 2028-2029, Rejecting $589 Call
Holders disagreed over whether the lower figure was ambitious enough. ChartNerd has previously discussed a $5 to $8 range and a separate downside scenario near $1.
Technical analyst ChartNerd (@ChartNerdTA) rejected a $589 XRP target for 2028 or 2029 in an Oct. 19 post, proposing $5.89 for the same period. The two prices differ by a factor of 100.
With roughly 63 billion XRP in circulation, a $589 price would imply 100 times the market value of $5.89 if supply were the same. ChartNerd’s earlier long-term chart analysis placed XRP in a $5 to $8 range, which includes the newer figure.
Holders disagreed over the lower target. One commenter called $5.89 by 2028 or 2029 disappointing and argued XRP should reach double digits by 2027. Another called $5.89 a realistic target and contrasted it with the 450x gain implied by $589.
ChartNerd has also outlined a possible decline toward $1, with a potential low near $0.98. He said a weekly close above $1.34 would rule out that scenario.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.