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Peter Brant's XRP chart highlights $1.6572 as key breakthrough

2026-10-06 00:17:12
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Peter Brandt's XRP chart highlights the key resistance level of $1.6572

In the latest XRP chart released by veteran trader Peter Brandt,$1.6572 is marked as the key resistance level. The "coffee cup" pattern appearing in the chart suggests that there may be a potential "Cup-and-Handle pattern" below the breakthrough level.

Currently, XRP prices are trading around $1.52, above the major moving average. At the same time, its Relative Strength Index (RSI) remains in the neutral range, below the momentum reading during the heavily overbought run in August. If the price breaks through successfully, the target may look towards US$1.70 and US$2.00; but a loss of US$1.45 support may weaken the effectiveness of the pattern and expose a downside risk area of US$1.35 - 1.40.

XRP rally faces $1.6572 resistance test

XRP's recent rally is facing a key resistance test of $1.6572, a level highlighted by Peter Brandt in his latest chart. According to Brant's analysis, the XRP is consolidating within the resistance range around $1.50, and the "coffee cup" image it draws further hints at a possible breakthrough in the shape of a cup handle.

XRP当前交易于1.52美元左右,此前从8月份接近1.00美元的低点强劲反弹,一度将价格推高至1.70美元附近。随后卖压涌现,推动加密货币价格回落,9月中旬的修正低点约为1.27美元。此后,买方力量再次介入,将XRP推回1.60–1.65美元区间,使价格更贴近布兰特图表中标注的阻力位。目前交易活动已稳定在1.50美元附近,这种盘整局面可能构成正在形成的杯柄形态中的“手柄”部分。

在1.65–1.66美元附近出现的多根上影线表明,卖方多次挑战试图突破该阻力区的尝试均告失败。尽管XRP已从9月低点恢复,但这些拒绝信号将布兰特标记的水平置于整个技术结构的核心位置。

若能实现每日收盘有效突破1.6572美元,将进一步强化该形态的看涨解读,并使8月份高点附近1.70美元的目标进入视野。超越这一前期峰值后,2.00美元的心理关口将成为另一个潜在参考点,前提是买方动量能够持续增强。

移动平均线支撑反弹,买方捍卫潜在“手柄”

日线图指标显示,XRP稳稳站在主要移动平均线之上,短期支撑位位于1.45美元附近。另一组长期均线则聚集在1.35–1.40美元之间,位于当前盘整区间下方。

In addition, XRP has broken through the downtrend line that limited its price movement in September, changing the structure of its rebound. After breaking through the early downward slope barrier on the daily chart, buyers now face horizontal resistance near $1.65.

The Relative Strength Index (RSI) is in neutral to bullish territory, below the severely overbought reading recorded during the August rally. This makes the current market momentum different from the early breakthrough phase of accelerating from lows to $1.70.

Preliminary support is in the US$1.48 - 1.50 range, where buyers need to maintain a consolidation pattern to consolidate the structure below the resistance level marked by Brandt. If prices fall below this zone, it will bring a test of about $1.45 and also touch support from the short-term moving average. Once these key levels are lost, the emerging "handle" pattern could be weakened and exposed clusters of support around the long-term moving average of $1.35 - 1.40.

To sum up, Brant's mark of $1.6572 remains the core breakthrough threshold, while support around $1.48 - 1.50 defines XRP's recent downside test bottom line.

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