XRP just got the green light from one of the most respected chart analysts in the game as Peter Brandt, the veteran trader, known for his decades of chart mastery. He broke his silence with a technical setup that features XRP, and his verdict is simple but clear: “Up Up Up.”
What is going on with XRP right now is highlighted by a yellow box where the price is currently consolidating; in Brandt’s vision it is a pause before a continuation, not a top.
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The timing could not be more on point. The price of XRP is currently holding above $2.60, which is firmly outside the wedge structure that had previously capped the price for months.
After a clean breakout from both horizontal and diagonal resistance, XRP made the move and is now stabilizing in a tight range — the same one Brandt marked as the staging zone, before the next potential leg, of course.
The current structure is a classic example of trend continuation: a strong impulse move, followed by tight sideways action near the highs. There is no sign of supply flooding in, and the price is staying strong above the $2.35-$2.40 range that used to act as resistance.
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The volume has also had its stamp, which supports the move and suggests that this breakout is not just noise. Brandt has not really talked about XRP in a while, and even more, was pretty vocal in his skepticism toward the altcoin’s perspectives. But at the end of the day, it is the setup that talks.
At this point, the chart’s message is as clear as the caption: XRP’s trend might just be getting started.
Source: https://u.today/xrp-price-up-up-up-predicts-legendary-trader