Peter Brandt Maps XRP Path Toward $5.40 as Resistance Remains Key
Veteran trader Peter Brandt has identified a potential long-term path for XRP toward $5.40, based on the cryptocurrency’s monthly chart structure, while highlighting several resistance levels that XRP must overcome before such a move could develop.
Brandt’s analysis tracks XRP against Tether on Binance using monthly candles from 2015 through September 2026. XRP was trading near $1.49 and remained below its 18-month moving average at approximately $1.88.
The level represents an important technical hurdle. From $1.49, XRP would need to gain about 26% to reclaim the moving average, while a move to Brandt’s $5.40 projection would require an increase of approximately 262%, or about 3.6 times its cited price.
Brandt did not provide a timeframe for the projected move, and his chart analysis does not constitute evidence that he has entered a corresponding trade or made an investment recommendation.
XRP Must Reclaim $1.88 Before Testing Higher Levels
Brandt’s monthly chart shows a long-term contracting formation that developed through several major XRP market cycles.
A descending trendline connects significant highs, while an ascending boundary traces important lows beginning in 2020. XRP broke above the descending boundary during its 2024 advance, improving the structure of the longer-term chart.
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| Source: Xpost |
The subsequent rally, however, encountered selling pressure between $3.00 and $3.40. XRP was rejected from that region and entered another correction.
More recently, monthly candles have produced lower highs and lower lows, indicating continued selling pressure over the intermediate term. The downward-sloping 18-month moving average around $1.88 adds another layer of resistance.
A sustained monthly recovery above $1.88 would therefore represent an important improvement in XRP’s technical structure. It could also support another attempt to establish $2 as a support level.
$3.40 Breakout Would Open the Route Toward $5.40
Even if XRP recovers above $1.88 and reclaims $2, the cryptocurrency would still face a more significant resistance zone between $3.00 and $3.40.
Brandt’s analysis identifies a confirmed break above $3.40 as the key development that would remove the largest visible barrier between XRP’s current structure and his $5.40 projection.
A move through that area would take XRP beyond its historical peak and potentially place the cryptocurrency into a new price-discovery phase. However, this remains a conditional technical scenario rather than a forecast with a specified completion date.
At approximately $1.49, XRP would need to rise about 262% to reach $5.40. Brandt has not stated when he expects that level could be reached.
The trader has also pushed back against the idea that publishing a market forecast demonstrates that an analyst has actually traded the projected move. Brandt has argued that claims about executed trades should be supported by verifiable records.
For XRP, the technical levels identified in Brandt’s analysis therefore remain central to the projected path. Reclaiming $1.88 would mark an initial improvement, while a break above $3.40 would provide the stronger confirmation required for the $5.40 scenario. Continued weakness, meanwhile, could delay the projected move.
Writer: Marcus RenfieldCrypto Market Analyst & Onchain WriterMarcus Renfield covers cryptocurrency markets with a focus on onchain data, Bitcoin price action, and emerging market narratives. His writing examines how capital flows, network activity, and broader market structure influence short- and medium-term trends.He aims to provide clear, data-informed analysis for readers seeking a deeper understanding of crypto market dynamics.