TimesTabloid
2026-10-24 19:00:15

Analyst Says You Don’t Deserve $5-$8 XRP If You Can’t Stomach This Price Level

Popular technical analyst ChartNerd (@ChartNerdTA) posted a striking message about XRP on X. “If you can’t stomach $XRP at a buck, you don’t deserve it at $5-$8.” The post referenced an earlier analysis he published on October 10, in which he laid out the full case for those price targets. Breaking Down the $5-$8 Target ChartNerd has spent the past few months debunking $1,000 XRP price targets . Instead, he believes the asset could hit the $5-$8 range. He opened the video with a clear disclaimer, calling the analysis “a complete shot in the dark” and stressing that nothing he said was financial advice. 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.” If you can't stomach $XRP at a buck, you don't deserve it at $5-$8. https://t.co/WoAKaeakzP — ChartNerd (@ChartNerdTA) October 23, 2026 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 One commenter pushed back with a substantive critique, arguing that analysts have been presenting the same technical setups and the same price targets for a decade without attaching dates to their predictions. He suggested that XRP’s price behavior has historically mirrored Bitcoin’s movement and that $5-$8 may underestimate where XRP could ultimately go . Another commenter expressed interest in using any price dip toward $1 as a buying opportunity while targeting the $25-$50 range, significantly above ChartNerd’s projection. One commenter described his own position as one of patience, committed to holding until the market resolves. 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 : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Analyst Says You Don’t Deserve $5-$8 XRP If You Can’t Stomach This Price Level appeared first on Times Tabloid .

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