Peter Brandt Sets $5.40 Target for XRP (XRP) on Multi-Year Breakout

Brandt Maps $5 Path

Veteran commodity trader Peter Brandt has identified a decisive breakout in XRP (XRP), the cross-border settlement asset of the XRP Ledger, arguing that a multi-year triangular consolidation has finally resolved upward and opened a technical path toward $5. Brandt framed the break above the descending trendline that capped the token since its 2021 peak as the defining confirmation of a trend reversal rather than a short-term bounce. According to Coinreaders, market technicians now treat $1.96 — the most recent major resistance — and the all-time-high zone near $3.84 as the first two tests XRP must clear before any run at $5 can unfold. The roadmap further requires the 200-week moving average and a key Fibonacci retracement band to convert into firm support. Brandt described the move as XRP having “broken the multi-year convergence structure,” pointing to a giant coil that compressed price energy across several years; in his reading, the upward resolution carries a measured objective extending as far as the $5 mark. The token has been trading above its key exponential moving averages on rising volume since the breakout, and XRP market watchers are now weighing whether short-term momentum can stay aligned with the long-term setup.

The $5.40 figure comes from a longer-horizon chart Brandt published on X, where he wrote that his long-term XRP chart “implies an eventual advance to $5.40.” The projection uses monthly XRP/USDT candles rather than the daily or hourly timeframes typical of short-term calls, and it represents a roughly 260% climb from the $1.50 area where the token was changing hands as the analysis circulated. The structure behind the call is specific: a descending resistance line extending from the 2018 peak converged for years with an ascending support line rooted near the 2020 lows, and XRP cleared the upper boundary of that funnel during its last major advance. After surging above $3, the token entered a lengthy correction and now sits around $1.49, pinned beneath its 18-month moving average, which sits close to $1.88. That detail matters for sequencing: the $5.40 target is not premised on an immediate breakout from current levels. XRP would first need to reverse the steep correction that followed its prior rally and regain several important technical thresholds. Brandt also cautioned explicitly that the chart should not be interpreted as a trade recommendation — a distinction between a long-term projection and any actual order placement discipline he was careful to maintain.

Options Price 8.9% Swing

Derivatives markets are charging an unusually rich premium for the next swing. Coinbase Markets estimated that XRP options were embedding a one-standard-deviation price move of approximately 8.9% through Sept. 27 — the largest expected move among the major assets in its comparison, ahead of altcoin peer Solana at 8.0%, Ethereum at 6.9% and Bitcoin at 5.0%. The figure equals roughly 1.79 times XRP’s historical median seven-day move, an outsized volatility assumption for contract trading in the options book. Our desk examined that skew in a separate implied-move breakdown, and the picture is consistent: positioning has grown increasingly tilted toward bulls, a shift investors can track alongside broader fear and greed indicators. Some market observers also flagged that cumulative volume delta flipped positive as the price pushed through $1.50, signaling net aggressive buying into the level. The price action underpinning all of this was sharp: XRP jumped almost 9% on Sept. 21 before surrendering a small portion of the gain. Readers tracking the market in real time can follow live spot and futures prices on Bitget.

Conditional Setup, Not Confirmed

Taken together, the three threads sketch one arc: a decade-scale pattern resolving upward, derivatives markets pricing an above-average move into late September, and positioning leaning bullish into it. The load-bearing primary record here is the chart Brandt posted on X itself — the “eventual advance to $5.40” wording, the monthly candle timeframe and the $1.88 moving-average shelf all come from that publication, not from secondary commentary. Our reading at COINOTAG is that the setup is conditional, not confirmed: XRP must reclaim the 18-month average near $1.88 before the $5.40 discussion becomes actionable, and Brandt’s own warning against treating the chart as a trade call stands. Magnitude is also disputed — a separate AI projection sees only $3.25 by January 2027 — so the breakout thesis remains a watch-and-verify trade rather than a settled trend.