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Analyst Peter Brandt projects XRP could rise to $5.40, signaling a 265% gain potential.

Analyst Insights
22 Sep 2026, 17:12 WIB
Dailycoin
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Bullish
Analyst Peter Brandt projects XRP could rise to $5.40, signaling a 265% gain potential.

Peter Brandt, a well-known market analyst, has projected that XRP could eventually reach $5.40, implying a potential 265% increase from its current price of around $1.53. This forecast is based on a long-term chart analysis showing XRP's descending resistance from 2018 highs and rising support from 2020 lows. Recent strong buying by crypto whales and increased trading volumes in both spot and derivatives markets support bullish momentum. Key resistance levels to watch are $1.60, $1.86, and $2.19-$2.29, which could pave the way for XRP to retest its all-time high and possibly reach Brandt's target. However, Brandt cautions this is not a trading recommendation but a chart-based projection.

As of Sep 22, 2026 21:22 WIB, XRP is trading at Rp28.012 on Pluang, showing a strong 1-day gain of 6.32%. The platform sees a majority of buy orders at 65%, with a typical hold time of 71 days among investors. XRP's market cap stands at Rp1.738,08 trillion, highlighting its significant presence in the crypto market.

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