XRP Analyst Ditches $1,000 Target, Sees $8, $13, $27 Instead

XRP analysts have been debating price targets for months, but one recent prediction has drawn attention. ChartNerd pushed back against charts suggesting a $750-$1,000 target, calling out manipulated Fibonacci (FIB) extensions.

The analyst identified an 8.5-year cup-and-handle pattern forming since the 2018 cycle high and outlined three long-term XRP price targets at $8, $13, and $27.

However, some question repeated technical analysis predictions versus actual adoption and XRP's failure to hold above $4 despite years of similar forecasts. ChartNerd emphasized that these targets depend on broader market conditions, sustained demand, and XRP's ability to maintain momentum above key levels.