XRP Could Drop to $2.22, Peter Brandt Warns as Whales Sell 440 Million; Support Near $2.79 Could Spur Breakout

  • Peter Brandt lists XRP as a conditional short candidate if price closes below $2.60.

  • Whales sold ~440 million XRP in the past month, adding selling pressure.

  • Key technical support sits near $2.79 (0.5 Fib); breakout above $2.92 could resume upside momentum.

Meta description: XRP price outlook: Peter Brandt warns of a possible drop to $2.22 amid heavy whale selling and technical resistance — read levels and key takeaways.

Peter Brandt signals bearish sentiment on XRP, listing it among his short targets as the token faces technical resistance and whale sell-offs.

  • Peter Brandt warns of an XRP decline to $2.22 if a descending triangle completes, signaling potential short positioning.
  • Whale investors have sold 440 million XRP in the past month, reflecting lower market confidence despite ETF optimism.
  • Analysts note XRP’s strong technical support near $2.79, hinting at a possible breakout toward new highs if momentum is sustained.

Peter Brandt has reaffirmed a bearish outlook on XRP, naming it a conditional short candidate based on chart structure and potential closes below $2.60. Brandt’s technical view centers on a descending triangle; a confirmed breakdown could open a path toward $2.22. This assessment is conditional and tied to closes below key levels.

What is the XRP price outlook?

The XRP price outlook is mixed: short-term downside risk remains if a descending triangle completes and price closes under $2.60, but strong support around $2.79 could enable a rebound if buying momentum returns. Expect volatility driven by whale flows and technical confirmations.

How significant is the whale selling?

On-chain analytics show roughly 440 million XRP moved by large holders over the past month. Large-scale selling of this magnitude typically increases short-term supply on exchanges and can depress price until absorption occurs. Whale behavior remains a key near-term driver.

Why does technical structure matter for XRP?

Technical structure matters because patterns like a descending triangle indicate market participants’ sentiment. If XRP closes below $2.60 and confirms the triangle, measured move targets point toward $2.22. Conversely, holding the 0.5 Fibonacci support at $2.79 supports upside scenarios.

What analysts are saying?

Technical analyst CasiTrades argues XRP retains structural strength, highlighting the macro 0.5 Fib at $2.79 as key support. She suggests a potential subwave correction before renewed upside, with short-term targets cited at $4.50 and $6.50 and a longer-term range mentioned between 8 and 1,3 (note: reported in original commentary as non-standard notation).

Key technical levels (table)

Level Significance
$2.22 Measured downside target if triangle completes
$2.60 Break/close below confirms bearish scenario
$2.79 Macro 0.5 Fib support — key rebound zone
$2.92 Recent local resistance — breakout level for bulls

Frequently Asked Questions

Can whale selling push XRP below $2?

Large transfers (≈440M XRP recently) increase selling pressure, but whether price falls below $2 depends on orderbook depth and buyer absorption. A confirmed close under $2.60 is the immediate technical trigger that could lead to further declines toward $2.22.

How should traders use Brandt’s call?

Use Brandt’s view as one conditional scenario: set clear risk parameters, watch closes under $2.60, and monitor on-chain whale flows. Combine technical confirmation with position sizing and stop-loss rules.

Key Takeaways

  • Conditional short setup: Brandt’s target of $2.22 is contingent on a confirmed descending triangle close below $2.60.
  • Whale activity matters: ~440M XRP sold in the past month increases near-term downside risk.
  • Support vs. resistance: $2.79 is crucial support; reclaiming and holding above $2.92 would favor bullish continuation.

Conclusion

Peter Brandt’s bearish signal adds a credible technical voice to a market already shaped by heavy whale selling and clear resistance around $2.92. Traders should watch the $2.60 close level and on-chain flows for confirmation. COINOTAG will monitor developments and update analysis as new data appears.

This is on my list of short candidates $XRP but it is conditional upon completing the descending triangle pic.twitter.com/uai84VHLxa

— Peter Brandt (@PeterLBrandt) October 9, 2025

Analytics platform Santiment reports elevated fear, uncertainty and doubt (FUD) readings for XRP, historically a contrarian signal that can precede rebounds when sentiment peaks. Analysts and on-chain data providers are referenced here as plain text sources for context.







BREAKING NEWS

Bitcoin Whale Shorts 3,500 BTC (~$4.2B) on Hyperliquid After $80M USDC Deposit, Still Holds 29,300 BTC

COINOTAG News on October 10, citing MLM Monitor, reported...

Bitcoin ETF Approvals Stalled by U.S. Government Shutdown; Senate Eyes Responsible Financial Innovation Act

The U.S. government shutdown entered its ninth day, leaving...

Bitcoin Rallies After Trump Declares Gaza War Over, Promises Hostage Release and Egypt Signing Ceremony

According to COINOTAG News (October 10) via Golden Finance,...

Kraken and Crypto.com Adopt Native Aptos USDT as Kraken Names Aptos Preferred USDT Network Amid 8x Supply Surge

Kraken has enabled deposits and withdrawals of native Aptos...
spot_imgspot_imgspot_img

Related Articles

spot_imgspot_imgspot_imgspot_img

Popular Categories

spot_imgspot_imgspot_img