For years, a $589 price target has circulated in XRP communities with near-religious conviction. Social media influencers have kept it alive. Retail investors have built expectations around it. One analyst is now saying that it will never happen.
XRP is Not Going to $589
JD (@jaydee_757), a well-known analyst with a significant following, posted an assessment of XRP’s long-term price potential.
He wrote: “XRP is NOT hitting $589 in our lifetime.” He dismisses the exchange glitch incidents that briefly displayed that figure as non-events, taking a clear shot at those who cited them as proof of the target’s validity.
His post goes further. He argues that crypto influencers have spent years feeding their audiences unrealistic expectations, and that most XRP holders are currently sitting at a loss as a result. He contrasts that outcome with traders who ignored the hype, followed charts, and profited instead.
$XRP is NOT hitting $589 in our lifetime
And no, "exchange glitches" don't count, moonboys!
Meanwhile, influencers been feeding y'all fairy tales for YEARS!
And now most are sitting at a LOSS
Glad "some" blocked the hype, followed the charts, and got RICH instead
— JD
(@jaydee_757) June 11, 2026
What JD Is Calling
JD is not bearish on XRP entirely. He has previously called a bottom at $0.28 and a top at $3.37, and he claims these moves made him millions and gained viral attention.
His argument is not that XRP is worthless. It is that the $589 figure is detached from any realistic market analysis, and that chasing it has cost retail investors dearly.
He sees disciplined, chart-based trading as the path to profit. He does not recommend holding for an extremely bullish price target with no credible basis.
What the Community Says
Responses to the post were mixed. One commenter pushed back, arguing that the vast majority of technical traders get destroyed by algorithmic market participants, suggesting that everyone ultimately serves as exit liquidity. JD rejected that framing and pointed to his own verified calls as evidence.
Another commenter raised the possibility of XRP reaching $5.89, a far more conservative figure than $589. JD called it “very possible,” signaling that he sees realistic upside in the asset, just within a grounded range.
The Bottom Line
The $589 XRP target has driven narratives for years. JD’s position cuts through that. He is not calling for XRP to fail, but he is asking for realism. He has always maintained a bullish stance on XRP and still has positive expectations. His track record gives his view some weight, even if his tone toward retail investors raises its own questions.
FAQs
Is XRP going to hit $589?
According to analyst JD (@jaydee_757), XRP will not hit $589 in our lifetime, dismissing the target as detached from realistic market analysis.
What is JD’s outlook on XRP?
JD remains bullish on XRP overall, noting that a target of $5.89 is “very possible,” but he criticizes extreme, unfounded price predictions like $589.
How has the crypto community reacted to the $589 target debate?
Reactions are mixed; while some commenters argue that technical traders are often outperformed by algorithms, others point to more conservative goals like $5.89 as realistic milestones.
Explained in this article
Cryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
More about Cryptocurrency
Written by
Elara Winter
