Analyst Says You Don’t Deserve $5-$8 XRP If You Can’t Stomach This Price Level
Breaking Down the $5-$8 Target
He identified a multi-year compression pattern on XRP’s long-term chart. Higher lows have built since 2020, XRP broke that structure in November 2024, rallied to an all-time high of $3.65 in July 2025, and has since corrected roughly 73%. ChartNerd noted that correction depth has only occurred around four other times in XRP’s history.
His $5-$8 target came from Fibonacci extension levels with confluence at $8 across two separate measurements. He described it as his “conservative structure for the next sort of couple of years.”
Conviction Behind the Post
The new post on X reinforced that analysis. ChartNerd’s message is that XRP at current prices represents an opportunity, and holders who can’t hold on around $1 and exit early will miss the move he has been tracking for years.
The post drew significant engagement. ChartNerd has a history of publishing long-form technical content on XRP, and the $5-$8 target has been a consistent reference point in his analysis.
How the Community Responded
ChartNerd has maintained the $5-$8 position, and the asset’s performance over the next few years will settle the debate within the community.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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