Analyst: My Professional T.A. Says XRP Is Headed to $5.89+. Here’s when

A respected analyst on X, known by the handle $589, has made a bold prediction that is stirring discussion across the crypto ￰0￱ a recent post, $589 stated that his professional technical analysis indicates XRP is poised to reach $5.89 or higher within this ￰1￱ claim, backed by chart-based reasoning, has gained traction as traders weigh the probability of such a sharp rally within a compressed ￰2￱ Technical Foundation Behind the $5.89 Target The projection is rooted in classical technical analysis principles. $589’s outlook aligns with other independent chartists who have highlighted the significance of XRP’s current trading ￰3￱ professional technical analysis says #XRP is headed to $5.89+ this ￰4￱ — $589 (@589CTO) September 8, 2025 Currently, XRP is trading steadily between $2.90 and $3.00, a range many consider a key turning ￰5￱ the bullish trajectory to materialize, analysts argue that the token must first close decisively above the $3.30 to $3.40 resistance ￰6￱ that breakout is achieved with strong trading volume, historical measured-move techniques, Fibonacci extensions, and harmonic projections suggest XRP could extend toward the $5.80 to $6.00 ￰7￱ detailed market analysis even set a $5.85 target after a confirmed breakout at $3.33, underscoring how closely these technical frameworks align with $589’s ￰8￱ convergence of such projections lends credibility to the idea that XRP has a technically defensible path to the mid-$5 ￰9￱ Conditions Supporting a Bullish Breakout Beyond chart formations, broader market conditions also provide context for the ￰10￱ accumulation has increased in recent weeks, while on-chain trackers report consistent exchange outflows of ￰11￱ dynamic reduces available supply on trading venues and can intensify upward price pressure when demand ￰12￱ with improving sentiment in the wider cryptocurrency market, these flows suggest that momentum could shift quickly once resistance levels are cleared.

Bitcoin’s ongoing stability above the $110,000 threshold and renewed optimism around altcoins add further fuel to the bullish ￰13￱ market liquidity shifts toward top-valued altcoins, XRP often gains as it’s among the most liquid and widely held ￰14￱ are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Timing the Move: Why “This Month” Matters By framing the projection within this month, $589 suggests an imminent acceleration in XRP’s price ￰15￱ that to happen, certain conditions must align in the coming weeks: a strong daily close above $3.30, follow-through beyond the intermediate barrier at $3.80 to $4.10, and a supportive macro backdrop that maintains risk-on ￰16￱ these milestones are achieved early, a swift rally toward $5.89 becomes a realistic near-term ￰17￱ Risks to the Upside Scenario Despite the optimism, traders are reminded to consider the risks that could derail such a move.

Large-scale profit-taking by early entrants or negative macroeconomic news could also blunt the momentum required for a sustained breakout. $589’s call for XRP to hit $5.89 or more this month is bold, precise, and grounded in recognizable technical analysis ￰18￱ setup is clear: consolidation near $3.00, a breakout requirement above $3.30 , and measured projections pointing to the mid-$5 ￰19￱ these conditions align swiftly enough remains uncertain, but the forecast has added fresh energy to XRP discussions, offering traders both a technical roadmap and a timeframe to watch ￰20￱ : This content is meant to inform and should not be considered financial ￰21￱ views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s ￰22￱ are urged to do in-depth research before making any investment ￰23￱ action taken by the reader is strictly at their own ￰24￱ Tabloid is not responsible for any financial ￰25￱ us on Twitter , Facebook , Telegram , and Google News