XRP tests $1.50-$1.55 breakout as $2 odds rise to 46%

  • XRP reached $1.56 and traded near $1.49-$1.53 as Peter Brandt identified a possible inverse head-and-shoulders pattern near $1.52.
  • Kalshi traders assigned XRP a 46% probability of exceeding $2 before the end of 2026, up from 29% one week earlier.
  • XRP remains about 58% below its 2025 all-time high of $3.65, while the probability of a positive 2026 return fell to about 21%.

XRP recently traded near $1.49-$1.53 after reaching a session high of $1.56 and gaining 6.5% over two weeks, outperforming Bitcoin’s 6% advance, according to CoinGecko. Peter Brandt said XRP’s chart warrants trade consideration despite his skepticism about its fundamental valuation, identifying a possible inverse head-and-shoulders pattern near a $1.52 neckline. The Crypto Basic previously reported a potential $2.05-$2.10 pattern target, while Brandt’s longer-term chart implied a possible move to $5.40. Kalshi traders raised the probability of XRP exceeding $2 before the end of 2026 to 46%, from 29% one week earlier and 18% in mid-August 2026, although the probability of a positive full-year return fell to about 21%. XRP remains about 58% below its 2025 all-time high of $3.65 and faces resistance broadly between $1.60 and $1.66.

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