When veteran market analyst Peter Brandt speaks on classical chart patterns, the crypto community listens. Known for his strict adherence to pure price action and measured moves, Brandt recently put three major altcoins under the microscope: XRP, Monero (XMR), and Solana (SOL).
If you are looking to position your portfolio based purely on technical setups, here is how these three assets stack up—and which one walks away with the best weekly chart.
1. Monero (XMR): The Under-the-Radar Contender
While it rarely grabs the meme-driven headlines, Monero is quietly putting together one of the cleanest technical setups in the market.
The Pattern: XMR is exhibiting a highly structured, text-book classical chart formation on its weekly timeframe.
The Verdict: Brandt highlights Monero as a standout candidate. Thanks to its steady, well-defined accumulation phase and minimal "chart noise," its measured target offers a highly reliable risk-to-reward ratio for swing traders.
2. Solana (SOL): The Momentum Powerhouse
Solana continues to prove that it is built for explosive price action, and its weekly chart reflects that raw strength.
The Pattern: SOL is riding a powerful continuation structure, showing clear signs that buyers are stepping in aggressively on every minor dip.
The Verdict: Solana shares the top spot with Monero for having a superior layout. Its chart is free from structural clutter, meaning there is very little historical resistance holding it back once it triggers its next macro leg upward.
3. XRP: A Major Pattern with a Massive Catch
XRP traders are always hunting for a breakout, and while the chart looks tempting at first glance, a deeper look reveals some structural headwinds.
The Pattern: The asset is currently carving out a massive cup-and-handle pattern, a classic bullish formation. If validated, the measured move points to a lofty technical target of $2.16.
The Verdict: Despite the high target, Brandt ranks XRP behind Monero and Solana. The issue? XRP is plagued by massive layers of "overhead supply"—meaning millions of tokens are waiting to be sold at previous peak prices. This historical baggage makes its upward journey far more complicated and prone to fakeouts compared to its peers.
The Final Takeaway: Simplicity Wins
For traders looking for clean paths of least resistance, Monero and Solana boast the most decisive, unburdened charts. XRP holds explosive potential, but buyers will have to chew through heavy resistance to hit its true target.
Disclaimer: This analysis is based strictly on classical charting principles and does not constitute financial advice. NFA