🔥 PETER BRANDT SEES A “CUP AND HANDLE” ON $XRP : HANDLE FORMING NEAR $1.49 WITH A $1.65 TARGET! 🚀☕
Legendary trader Peter Brandt has turned his attention to $XRP , where a bullish “Cup and Handle” pattern is forming, with key resistance at $1.6572 (global target: $5.40). The current price pullback to $1.4928 is a local “handle” formation ahead of a potential breakout.
💡 On the 1D chart, $XRP is clearly holding support at the Bollinger middle band. The 1D RSI(6) has cooled to 48, while the 4H RSI has fallen to 38. This offers an attractive discount for a long entry ahead of a move toward the upper 1D BOLL band and a breakout above $1.6572.
📊 Setup:
Entry: $1.4860 – $1.4990
TP: $1.6120 / $1.6570
SL: $1.4400
#xrp #Ripple #PeterBrandt #TechnicalAnalysis #BinanceSquare
Legendary trader Peter Brandt has turned his attention to $XRP , where a bullish “Cup and Handle” pattern is forming, with key resistance at $1.6572 (global target: $5.40). The current price pullback to $1.4928 is a local “handle” formation ahead of a potential breakout.
💡 On the 1D chart, $XRP is clearly holding support at the Bollinger middle band. The 1D RSI(6) has cooled to 48, while the 4H RSI has fallen to 38. This offers an attractive discount for a long entry ahead of a move toward the upper 1D BOLL band and a breakout above $1.6572.
📊 Setup:
Entry: $1.4860 – $1.4990
TP: $1.6120 / $1.6570
SL: $1.4400
#xrp #Ripple #PeterBrandt #TechnicalAnalysis #BinanceSquare
