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Peter Brandt believes XRP will exceed $5

2026-09-22 15:11:56
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Brandt's long-term chart points to US$5.40

Senior trader Peter Brandt has released a long-term monthly chart on XRP, implying that the token could eventually reach US$5.40. This target price means an increase of more than 250% compared to the trading price when he shared the analysis.

Brandt, a professional technical analyst with nearly 50 years of experience, carefully pointed out that displaying charts does not constitute trading suggestions or specific "operating orders." He entered the field of commodity trading in 1976 and founded Factor Trading in 1980, mainly focusing on trading of own capital.

Brant shared XRP's long-term monthly chart on the X platform, citing trend channels and moving averages, predicting a "final rise" to $5.40. He predicts that XRP prices are expected to exceed the critical $5 mark next year, driven by the recovery of momentum in the broader cryptocurrency market.

It should be emphasized that the target price of US$5.40 is a technical forecast based on the chart structure and is not driven by fundamental catalysts. Brant himself clearly distinguished between public forecasts and executed transactions.

Broader Market Rally Adds Fuel

The release of this chart comes at a time when the crypto market is recovering. Bitcoin's recent rebound to an eight-month high of close to $87,000 has boosted overall market sentiment. XRP rose 8.7% during trading hours, becoming one of the more significant one-day fluctuations in the token in recent weeks.

As activity on the chain increased and interest from large holders grew, XRP prices climbed above $1.50. Short positions in XRP perpetual contracts had reached their highest level since April, and short squeeze further amplified the rally. Ripple continues to promote institutional applications, including the official launch of Hidden Road integration and the gradual recognition of RLUSD as a settlement layer, providing fundamental support for this rebound.

Despite market enthusiasm, the road to $5 is not smooth. Regulatory uncertainty, relatively limited ETF absorption capacity compared to Bitcoin, and Ripple's custody mechanism that releases billions of XRPs each month have all put pressure on XRPs. The gap between XRP and Bitcoin will narrow only when actual demand can absorb planned supply. This challenge is made even more arduous because a large number of holders are in a floating loss state in the price range above US$2, forming a stubborn selling pressure wall.

As always, chart-based price targets are just one of many considerations. Market participants often view these goals as a reference rather than a guaranteed outcome, because technical analysis relies on historical price behavior and pattern recognition rather than fundamental catalysts.

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