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Analyst rejects $589 XRP price target, suggests $5.89 by 2028-29 instead.

Technical Signals
21 Oct 2026
Tokenpost
View Source
Neutral
Analyst rejects $589 XRP price target, suggests $5.89 by 2028-29 instead.

A technical analyst, ChartNerd, dismissed a $589 XRP price prediction for 2028 or 2029, proposing a more modest target of $5.89 for the same period. The $589 target would imply an unrealistic market value 100 times higher than the $5.89 target, given XRP's circulating supply. ChartNerd's analysis also includes a possible decline to around $1, with a key weekly close above $1.34 needed to avoid that scenario. The differing views among holders highlight ongoing debate about XRP's long-term price potential.

XRP is trading at Rp24.797 on Pluang as of Oct 21, 2026 22:52 WIB, showing a 4.37% increase over the past day. The platform records a market cap of Rp1.567,19 trillion and a 24-hour trading volume of Rp34,91 trillion. Despite the debate on long-term price targets, typical hold time for XRP on Pluang is 72 days, with a slightly higher sell activity at 55%.

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