Veteran trader and market analyst Peter Brandt has identified a critical technical setup in XRP/USD, suggesting the cryptocurrency is “congesting on the monthly and weekly charts” and is potentially poised for a major breakout. Brandt shared his observation via an X (formerly Twitter) post, highlighting a pattern that may indicate a bullish continuation.
According to the monthly chart, the cryptocurrency has recently broken above a long-term symmetrical triangle that began forming after its all-time high in early 2018. The breakout, followed by a retest and subsequent consolidation in a tight range, reflects a classic bullish setup.
XRP Price Chart (Source: X Post)
Brandt pointed to this congestion zone—marked clearly on the chart—as a period of price compression that often precedes a significant directional move. Currently trading at $2.6544, the token is up 21.11% on the month, with a strong bullish candle forming above the 8-period simple moving average (SMA), which sits at $2.3289.
The consolidation area, framed on the upper-right side of the chart, provides an idea of the potential base prior to continuation. In addition, volume has ticked up marginally to 15.34 million, strengthening interest as the price coils.
Technical indicators also support this bullish mood. The Average Directional Index (ADX) stands at 51.29, which indicates good trend strength. Meanwhile, the Average True Range (ATR) is at 0.5268, showing controlled volatility, which is common during consolidation phases prior to a breakout.
With technicals aligning and volume rising, XRP is building toward what may be its most significant move in years. Wondering how high XRP could go in the near and long term? Don’t miss our full XRP price prediction breakdown covering short-, mid-, and long-term targets.
XRP’s Rare Pattern Could Trigger a $4.47 Breakout
Following up on his monthly analysis, Peter Brandt has doubled down on his bullish XRP thesis with a fresh chart—this time on the weekly timeframe. In this post, Brandt found what he terms a “dramatic and highly rare continuation compound fulcrum,” which indicates that the cryptocurrency might be on a rally toward the $4.47 mark in the next few weeks.
This rare chart formation emerged after a false breakout in April 2025. Since then, the XRP token has been forming a symmetrical consolidation zone above key support at $1.8790. The latest breakout above $2.65—confirmed by the weekly close—adds strength to the bullish case. Brandt emphasized that unless XRP closes back below this week’s low, the pattern remains valid and structurally intact.
XRP Price Chart (Source: X Post)
Technically, the chart depicts an inverted head-and-shoulders pattern within a bigger continuation range. The staging acts as a launchpad, building up the potential energy of a contained jet. The projected estimate based on the height of the structure estimates the cryptocurrency at about $4.47, as illustrated by a green arrow on the chart.
The 8-period and 18-period MAs are beginning to slope upwards, and XRP is trading above both at 2.7895. This crossover may be an indicator of a budding change of momentum. The ADX is currently at 15.75, suggesting trend development is in its early phase, while the ATR at 0.4521 shows manageable volatility, supporting the fulcrum structure’s integrity.
Brandt’s read on this setup is clear: XRP has built a reliable base and is now entering what could be an explosive expansion phase. His forecast remains firm, provided that the price holds above the recent low.
With both the monthly and weekly charts aligning in structure and direction, the XRP token appears to be on the verge of a potentially major move, with technicals and volume lining up behind Brandt’s bold $4.4xxx target.
