Peter Brandt sees XRP gains extending above $1.50-$1.55 breakout range

  • Peter Brandt said XRP could extend gains after breaking above the $1.50-$1.55 range.
  • XRP was trading at about $1.52, with a potential target of $2.05-$2.10.
  • The Crypto Basic reported Brandt’s comments on September 28 despite his skepticism about XRP fundamentals.

Peter Brandt said XRP could extend its gains if it decisively breaks above the $1.50 to $1.55 range and completes an inverse head-and-shoulders pattern, a bullish chart formation marked by three troughs. XRP was trading at about $1.52, leaving the token needing to hold above that zone for confirmation. The Crypto Basic reported the comments on September 28, noting Brandt's long-standing skepticism about XRP's fundamentals but his view that the chart alone provides a basis for a trade. Applying the standard price objective for the pattern, the outlet said XRP could rise to between $2.05 and $2.10.

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