Key Takeaways Veteran analyst Peter Brandt identifies a technical pattern suggesting XRP could reach $5.40, with this target potentially achievable within the next year. The digital asset is
As of September 21, XRP is hovering around the $1.44 mark, posting gains of close to 4% during the previous 24-hour period. The token has maintained positive momentum for seven consecutive trading sessions.
XRP Price
This upward trajectory coincides with Bitcoin’s surge past the $81,800 threshold, registering gains exceeding 5% across the past week. The aggregate cryptocurrency market capitalization increased by roughly 1.7% during the equivalent timeframe.
XRP’s performance has exceeded broader market trends throughout this week. Substantial wallet holders initiated accumulation after the asset rebounded from the $1.24 to $1.26 price corridor.
Santiment’s on-chain analytics reveal that whale-tier addresses acquired approximately 1.54 billion XRP tokens during a 96-hour span. The combined value of these acquisitions approached $2.2 billion based on prevailing market rates.
This accumulation activity elevated the monitored whale cohort’s aggregate holdings to approximately 9.81 billion XRP tokens.
Market observer Ali Martinez, operating under the handle Ali Charts on the X platform, highlighted this purchasing behavior in a recent analysis. He noted that XRP advanced 8.22% over three days following the whale acquisition of tokens exceeding $2 billion in value, and that blockchain data indicates minimal selling pressure until the $1.60 level, where approximately 2.5 billion XRP previously traded hands. Martinez identified $1.60 as his next monitored threshold for potential distribution activity.
XRP RALLIES AFTER WHALES BUY. WHERE NEXT?
Recently, whales accumulated more than $2 billion worth of $XRP.
Now that demand appears to be showing up in price, with XRP rallying 8.22% in just three days.
But on-chain data suggests there may still be room to run.
The URPD shows… https://t.co/yWD0rDhj2Xpic.twitter.com/wjiQ9hLz8R
— Ali Charts (@alicharts) September 21, 2026
CryptoQuant’s metrics additionally documented roughly 1.6 billion XRP tokens entering Binance during the previous 30-day window. This represents the largest transfer volume registered since March.
The XRP Ledger is approaching implementation of its subsequent protocol upgrade. Network validators are consolidating support for the Batch V1.1 amendment.
The enhancement proposal has garnered endorsement from 30 among 35 monitored validators. This surpasses the 28 affirmative votes required to satisfy the protocol’s 80% approval threshold.
The amendment initiated its activation countdown on September 15. Implementation could occur approximately September 29 assuming sustained validator support.
RippleX indicates that institutional fund managers and enterprise-level projects intend to utilize Batch functionality upon deployment. The specific organizations have not been publicly disclosed at this time.
Spot XRP exchange-traded funds operating in the United States have continued attracting capital. These investment vehicles have accumulated approximately $1.7 billion in aggregate net inflows.
Total assets under management in these ETF products approached $1.39 billion as reported on September 17.
XRP is currently trading above all four principal daily exponential moving averages. The 20-day EMA is positioned around $1.368, in close proximity to the 200-day EMA at $1.356.
This is my long-term chart of ripple:native It implies an eventual advance to $5.40 A claim of a "call" or simple presentation of a chart is NOT a trade People who claim "trades" need to provide proof or else the claims are BS An X post is NOT proof pic.twitter.com/Szu6FiZq2T
— The Factor Report (@PeterLBrandt) September 21, 2026
The 50-day EMA rests near $1.303, while the 100-day EMA sits approximately at $1.268. A decline beneath $1.35 would bring these support levels back into consideration.
On the Binance exchange, liquidation heatmap data reveals concentrations of leveraged trading positions near $1.45 and $1.47. Beneath current pricing, position clusters are located around $1.38 and within the $1.36 to $1.37 range.
A daily candle closure above $1.45 would bring the Donchian Channel upper boundary near $1.50 into view. Breaking through that resistance could establish a trajectory toward the $1.54 to $1.55 zone.
The post XRP (XRP) Eyes $5.40 Target as Veteran Trader Analyzes Long-Term Chart Pattern appeared first on Blockonomi.
