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XRP jumps 8.7% as trader Peter Brandt predicts rise to $5.40 amid Ripple custody service launch

Analyst Insights
21 Sep 2026
Bitcoin
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Bullish
XRP jumps 8.7% as trader Peter Brandt predicts rise to $5.40 amid Ripple custody service launch

XRP surged nearly 9% to $1.54 following veteran trader Peter Brandt's long-term chart projection targeting $5.40, more than triple its current price. The rally coincided with South African bank Absa launching a Ripple-powered digital asset custody service, expanding institutional access. Despite a close Senate vote on the CLARITY Act, Ripple maintains XRP's legal status as a digital commodity, supporting ongoing demand. This combination of technical optimism and institutional developments could drive further XRP growth over time.

XRP on Pluang trades at Rp27.025 as of Sep 22, 2026 08:02 WIB, showing a strong 1-day gain of 7.00%. This price level is supported by a market cap of Rp1.722,93 trillion and active trading volume of Rp124,97 trillion. With 65% of order activity on Pluang being buy orders and a typical hold time of 71 days, XRP's current momentum contrasts with its 52-week range by pushing upward, reflecting notable investor interest.

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