XRP Maxis Dreaming of $1,700? Analyst Says Pump the Brakes, Buddy

Every crypto cycle has its moment of delusional price predictions that make you squint at your screen twice. For XRP, that moment appears to be back with a vengeance. This time, the number making the rounds isn't some modest $5 or even a spicy $100—no, we're talking $1,700, and according to certain corners of the internet, it could happen in just three months. That's not a price prediction, that's a fever dream with a deadline.

Not everyone's buying the hopium, though. Crypto analyst ChartNerd has officially stepped into the role of party pooper, pouring cold water on the $1,700 narrative faster than you can say "to the moon." With XRP currently lounging around $1.38, such a move would require a market explosion on a scale crypto has genuinely never seen before. We're talking "hold my beer" energy dialed up to maximum.

His take? Being bullish long-term is respectable. Attaching moonboy price targets to short timelines is just vibe-based analysis with extra steps. And the two absolutely should not be confused at any point, lest you want to end up on someone's cringe compilation.

"I'm also an XRP maxi, just disagree with overhyping for reach. Targets like these with imminent timestamps always fade with time and are pure engagement farming," he said—delivering truth bombs while somehow still keeping his XRP bag intact.

The idea didn't materialize from thin air, obviously. Some analysts started pointing to long-term charts and historical patterns, suggesting XRP might be nearing a major breakout. Then, because crypto Twitter can never just stop at reasonable, bigger numbers entered the chat. Targets between $1,200 and $1,700 started circulating, gaining traction faster than a meme coin with a dog mascot and zero utility.

Analyst Remi Relief added fuel to the fire, claiming the range aligned with his own research—a "sweet spot" that quickly caught fire among retail traders hunting for the next generational wealth event. And just like that, a narrative was born, complete with infographics and everything.

On the data side, Santiment reveals XRP traders are currently feeling the burn. The average wallet is down roughly 41% over the past year, marking the lowest MVRV levels since the FTX collapse—yes, THAT FTX collapse. Interestingly, this kind of "pain zone" has historically signaled lower downside risk and potential accumulation opportunities for those with nerves of steel. But it still doesn't quite justify betting your rent money