Trader Peter Brandt highlighted $1.6572 as a critical resistance level for XRP, currently priced at $1.5230, suggesting a potential breakout if surpassed. The chart hints at a possible cup-and-handle pattern, a bullish signal, but Brandt did not confirm this formation or a breakout yet. This short-term observation is separate from his earlier long-term forecast of XRP reaching $5.40, which remains speculative without a timeline. Investors should watch for a clear move above $1.6572 to confirm bullish momentum.
Trader Peter Brandt's XRP chart discussion is presented here with Pluang's cryptocurrency market context as of Oct 06, 2026 07:41 WIB: Among 50 major cryptocurrencies on Pluang, 27 rose and 22 fell today. Notable movers include SXP (Solar) down 46.27% at Rp37 with a typical hold time of 94 days, FIL (Filecoin) up 11.85% at Rp21,184 with 80% buy order activity and a 99-day hold, and BAL (Balancer) up 11.14% at Rp16,297 with an 85-day hold time.
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