BSCNews shared a post on X referencing veteran trader Peter Brandt’s long-term XRP chart. Brandt posted the chart on September 21, stating that XRP could reach $5.40. BSCNews noted the chart
BSCNews shared a post on X referencing veteran trader Peter Brandt’s long-term XRP chart. Brandt posted the chart on September 21, stating that XRP could reach $5.40. BSCNews noted the chart suggests XRP could break past the psychological $5 level by next year.
Brandt’s stance on XRP has shifted over time. The $5.40 target reflects where that shift has landed.
The post arrives as crypto markets recover. Bitcoin recently climbed to an eight-month high near $87,000. XRP followed, rising above $1.50 with more than 8% gains as market sentiment improved. XRP has climbed further since the post and now trades close to $1.60.
BSCNews also noted that network activity on the XRP Ledger has picked up. Transaction volume has risen in line with growing open interest, adding a fundamental dimension to what Brandt identifies through technical analysis alone.
Peter Brandt Sees XRP Breaking Past $5
Veteran trader, Peter Brandt, has shared a long-term ripple:native chart suggesting the cryptocurrency could eventually reach $5.40.
His chart indicates XRP could break above the psychological $5 level by next year.
The call comes as… pic.twitter.com/RPbrTpjf2k
— BSCN (@BSCNews) September 22, 2026
Brandt’s $5.40 target is rooted in nearly a decade of XRP price history. His monthly chart stretches back to 2015, capturing multiple market cycles and giving the analysis a long-term foundation that shorter timeframes cannot provide.
Over those years, XRP’s price carved out a recognizable pattern. The upper price range declined consistently while the lower range pushed higher, creating a symmetrical triangle. That tension released in late 2024 when XRP broke decisively upward, posting gains above 500%.
Following that move, XRP entered a period of consolidation. It has since returned to test that same range. Brandt reads the overall structure as pointing toward $5.40, a level that would take XRP past the psychologically significant $5 mark for the first time.
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Brandt’s history with XRP makes his current projection notable. He has been openly critical of the asset, indicating his bullish technical read carries more weight than it would coming from a committed advocate.
His technical work on XRP has grown more constructive in the past few years. He previously described XRP’s chart as “the most powerful in all of crypto.” His current $5.40 projection shows strong bullish expectations. With Bitcoin leading a broader market recovery and XRP Ledger activity increasing, the conditions surrounding Brandt’s projection continue to develop in its favor.
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