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Trader Peter Brandt critiques XRP community but sees bullish chart potential for the token.

Technical Signals
27 Sep 2026, 09:57 WIB
UToday
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Bullish
Trader Peter Brandt critiques XRP community but sees bullish chart potential for the token.

Veteran trader Peter Brandt criticized the passionate XRP community, calling it cult-like, yet highlighted a potentially bullish technical setup for XRP. He pointed to a multi-year consolidation and a possible inverse head-and-shoulders pattern on XRP's weekly chart, which could signal a price breakout above $1.50-$1.60. Despite calling XRP a "fool coin" in terms of investment value, Brandt acknowledged its transactional utility. His chart analysis suggests XRP could surge, with a previous prediction reaching $5.4, though his comments have faced pushback from XRP supporters who emphasize the token's expanding use cases and fixed supply.

XRP is trading at Rp27,277 on Pluang as of Sep 27, 2026 14:21 WIB, showing a 2.04% decline in the last day. The token's market cap stands at Rp1.713,51 trillion with a 24-hour trading volume of Rp45,19 trillion. Pluang users currently lean towards selling XRP, with 64% of order activity on the sell side and a typical hold time of 71 days.

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