Peter Brandt Backs XRP (XRP) Chart Bet With $5.40 Long-Term Target

A Bet on the Chart Alone

Veteran trader Peter Brandt has taken a position on XRP, Ripple's cross-border settlement asset, arguing that its multi-year price chart alone justifies holding the token — even as he keeps his distance from the coin's most fervent supporters. In a September 26 post on X, Brandt — who entered commodity markets in 1976 and founded his firm Factor Trading in 1980 — wrote that no one needs to be a “certified cult member” to hold XRP with interest, adding that “the chart itself has always been enough” to justify his bets. Brandt practices classical charting, reading recurring formations on long-horizon candlestick charts, and the chart he shared spans more than a decade of XRP trading history. It marks two long-term narrowing ranges that each resolved with sharp advances, plus a smaller formation taking shape after the recent pullback. XRP was trading near $1.52 when the chart was posted — below its weekly high of $1.66, though still up roughly 7.9% on the week, a move tracked closely across XRP analyst coverage. The stance is consistent with Brandt's November 2024 read, when he flagged a giant narrowing consolidation he called a “mega megaphone” while stating he held no XRP and planned no purchase. He also distinguishes published chart calls from executed trades, noting that claims about filled positions require more evidence than a social post — a distinction that still applies to his recent talk of a “bet.” The September 26 post followed a September 21 chart in which Brandt sketched a potential advance toward $5.40; XRP traded near $1.54 at that point, implying roughly 251% upside. He did not restate $5.40 as a new target or attach a timetable. During the run that pushed XRP above $1.60 on September 22, Santiment data counted 1,917 transfers of at least $100,000 and 3,647 new wallets, though wallet counts do not necessarily equal new investors.

on Xhttps://x.com/PeterLBrandt/status/2104004914464825446

Egrag Crypto's $0.15 Warning

Analyst Egrag Crypto presents the mirror image of the same long-term chart: a crash warning and a $30 upside scenario bound by identical conditions. In a recent post, he declared “THE CRASH IS COMING. READY OR NOT,” framing XRP's position along its 77-month exponential moving average near $1.47 as the line that decides direction. If that support fails, his chart plots a stepped decline through $0.65, $0.40 and $0.24 toward a final floor of $0.15 — roughly a 90.1% fall from the $1.52 price at the time of his writing. No date is attached: the figure is conditional, describing the downside the chart opens if $1.47 breaks, not a dated forecast. On the upside, the first gate is a decisive break of $1.65 once $1.47 holds; from there his chart marks $3 and $5.50 as intermediate targets, with the long-term path running through $7.50 and $13 toward $30. “Call me crazy, call it impossible — I see it as a matter of time,” he wrote, positioning the $30 figure as a technical assumption rather than a confirmed target, and adding that he has not changed his arrows, targets or moving average. The 77-month EMA smooths years of price action to expose the prevailing trend, but as Egrag's own framing concedes, the indicator does not fix direction by itself. His long-term path, if realized, would mark a fresh leg of a bull market; other analysts read the same multi-year cycle with different tools, including a monthly RSI “pocket” that preceded 9-11x advances, an approach associated with Crypto Crew University. Readers tracking the market in real time can follow live spot and futures prices on Bybit.

$5.40 Against $0.15

In COINOTAG's reading, the two calls converge less on price targets than on method: both treat XRP's multi-year consolidation — not headlines — as the tradable signal, and both hang their cases on the same $1.47-$1.52 zone where Brandt's narrowing ranges overlap Egrag's 77-month EMA. Both scenarios are explicitly conditional, with no timetable attached; the verified record remains Brandt's own September 21 and September 26 posts and the on-chain transfer counts around the September 22 spike above $1.60. Adoption continues in parallel: Ripple's XRP Seoul event is set for October 3, while spot XRP ETF inflows totaled $22.65 million on September 25.