A $XRP at a Turning Point? Why Peter Brandt Says the Chart Alone Is Enough for a Bet
XRP is trading near $1.52 after gaining almost 8% this week, and veteran trader Peter Brandt says the chart itself is enough to keep him interested. His latest view is simple: you don't need to be an XRP superfan to see a potential setup. While $BTC sets the broader market tone, Brandt is focused purely on XRP's long-term price structure.
Two Key Takeaways:
The Chart Setup: Brandt highlights repeated periods where XRP traded in narrowing ranges before strong moves higher, and he sees the current structure as worth watching.
The $5.40 Projection: Earlier this month, Brandt shared a long-term chart pointing toward $5.40, which would be roughly 250% above the $1.54 area at the time.
What Matters Now:
Brandt's newest post does not repeat $5.40 as a fresh target or give a timeline. His main point is that the historical chart remains interesting enough for him to consider a trade without buying into the hype around the token.
#XRP #BTC Price Analysis#
#Macro Insights#
XRP 2.64%
BTC 1.69%
XRP is trading near $1.52 after gaining almost 8% this week, and veteran trader Peter Brandt says the chart itself is enough to keep him interested. His latest view is simple: you don't need to be an XRP superfan to see a potential setup. While $BTC sets the broader market tone, Brandt is focused purely on XRP's long-term price structure.
Two Key Takeaways:
The Chart Setup: Brandt highlights repeated periods where XRP traded in narrowing ranges before strong moves higher, and he sees the current structure as worth watching.
The $5.40 Projection: Earlier this month, Brandt shared a long-term chart pointing toward $5.40, which would be roughly 250% above the $1.54 area at the time.
What Matters Now:
Brandt's newest post does not repeat $5.40 as a fresh target or give a timeline. His main point is that the historical chart remains interesting enough for him to consider a trade without buying into the hype around the token.
#XRP #BTC Price Analysis#
#Macro Insights#
XRP 2.64%
BTC 1.69%
