Peter Brandt Calls XRP Chart ‘Pure’ – Here’s Why

Peter Brandt, a veteran trader known for his chart analysis, described the XRP chart as “pure” in a recent post. His comment referred to the asset’s long-term price movement, which has followed clear and repeatable technical patterns.

Clear Structure in Multi-Year Chart

Brandt pointed to a symmetrical triangle formation between 2014 and 2017. XRP broke out of that pattern in late 2017, which led to a price rally that peaked above $2. After this move, the asset entered a new phase of sideways movement from 2018 to mid-2025, forming what appears to be an ascending wedge.

Notably, that structure also broke to the upside, taking XRP to a new all-time high of $3.65. At the moment, the price is trading just under the 200-week moving average, near $2.83. This level is acting as resistance while the price consolidates.

Crypto analyst CrediBULL Crypto said the chart remains one of the strongest in the space.

A similar view came from EtherNasyonaL, who compared today’s structure with past cycles. In both cases, XRP broke a long-standing resistance and returned to retest an earlier support area. “Don’t underestimate XRP,” the analyst said, pointing to a consistent upward trend over time.

Trading Range and Key Liquidity Zones

XRP was priced at $2.45 at press time, down 6% in the past 24 hours and 18% over the last week. Despite this, volume data shows strong interest around $2.50, which is now a key price level.

Cryptoinsightuk shared liquidity charts for XRP. The hourly chart shows heavy buy orders near $2.20–$2.40 and sell pressure around $2.60–$2.80. The daily chart shows the same levels, with the $2.50 zone being the most active.

XRP’s recent drop happened as global markets settled, with less aggressive talk around trade issues. While short-term volatility continues, market watchers are tracking how XRP reacts near current levels. The focus is on whether price can push through resistance to confirm the longer trend.

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