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Dutch analyst predicts XRP could reach $50 based on technical chart patterns.

Analyst Insights
08 Oct 2026
Dailycoin
View Source
Bullish
Dutch analyst predicts XRP could reach $50 based on technical chart patterns.

A Dutch cryptocurrency analyst, Gert van Lagen, suggests XRP may eventually hit $50, citing a symmetrical triangle pattern on the monthly chart as a key technical indicator. The critical resistance level to watch is $2.10, which if broken, could signal a bullish breakout. While some in the crypto community are skeptical, calling the prediction unrealistic due to the implied $3 trillion market cap, the analyst argues this is normal bull market behavior. The debate highlights differing views on XRP's potential, but the technical setup remains a focal point for traders.

As of Oct 08, 2026 23:13 WIB, XRP trades at Rp24.185 on Pluang, down 5.74% in the last day, with a market cap of Rp1.529,04 trillion and a 24-hour volume of Rp60,48 trillion. Despite the Dutch analyst's bullish $50 target, XRP is currently priced far below that level, representing only a fraction of its total 100 billion supply, of which 64% is circulating. Pluang users show strong buying interest with 84% buy orders and a typical hold time of 71 days, indicating confidence in XRP's potential despite recent declines.

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