The experienced trader Peter Brandt, widely known as the Market Wizard, published two long-term charts on September 21, expecting XRP to rise to $5.40 and Ethereum to 8,600 $.
All objectives rely only on classic technical analysis, not on fundamentals or metrics on the chart or short-term catalysts.
What do Brandt’s chart drawings actually show?
Brandt wrote that the long-term XRP chart indicates a possible future rise to $5.40. At the time of publication, XRP was trading near $1.52, meaning this forecast implies an increase of more than 250% over current levels.
Its chart highlights a broad consolidation structure, showing a descending resistance trendline from previous cycle highs versus an ascending support line from previous cycle lows.
Ripple (XRP) price analysis⬆️
Hours earlier, Brandt had posted a similar chart for Ethereum and said it suggests the price could eventually reach $8,600 once the $5,000 level is broken. With ETH trading around $2,731, this target represents a large theoretical upside—provided $5,000 is surpassed as a mid-term step.
Brandt included a warning in both posts. He stressed that sharing the chart isn’t the same as actual trading, and that traders who take real positions should provide verifiable evidence rather than relying solely on social media posts.
Ethereum (ETH) price analysis⬆️
Why are XRP and Ethereum forecasts drawing all this attention?
The founder of Real Vision, Raoul Pal, openly backed this balanced stance and praised Brandt’s approach of sharing probabilities and observations instead of making unfounded promises.
These forecasts gain significance in part because of who issues them. Brandt built his reputation by using classic charting techniques—trend lines, support and resistance—and patterns that can extend for many years, even before cryptocurrencies existed as an asset class in the first place.
The supportive market context adds strength to the bullish backdrop. Binance recently recorded incoming XRP flows of 663% above the quarterly average, even though exchange reserves rose only marginally, suggesting repositioning rather than heavy sell pressure. In contrast, whale wallets gathered more than $2 billion worth of XRP in the days leading up to this latest rally.
XRP jumped by about 5.2% over the last 24 hours, trading above $1.50 as market sentiment improved overall. Bitcoin also hit its highest level in eight months near $87,329 on the same day, boosting the sentiment of major cryptocurrencies.
Other analysts echoed similar bullish structures. Some pointed to weekly Ethereum closing above $2,550 as opening the door to $2,900–$3,000, while others highlighted the end of a multi-year downtrend, suggesting much higher targets remain possible over time.
A digital currency analyst, Michael van de Pop, said on the X platform that honestly, I wouldn’t be surprised if we saw ETH rise to $15,000–$20,000 in this bull market. The previous cycle was extremely weak for the alternatives. This time, it’s like 2017 again, which means the rally could be much bigger than in previous cycles.
Whether XRP reaches $5.40 or Ethereum to $8,600 remains a distant technical possibility, not a guaranteed outcome. Brandt himself said the chart is a note about probability, not a promise about price.
