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Trader Peter Brandt finds XRP chart promising but confirms no purchase or new price target.

Technical Signals
28 Sep 2026
Cointribune
View Source
Neutral
Trader Peter Brandt finds XRP chart promising but confirms no purchase or new price target.

Veteran trader Peter Brandt highlighted the XRP chart's interesting price compression patterns that historically led to strong rallies, sparking renewed interest in the token. However, he clarified that he has not bought XRP nor set a new price target, with his previous $5.40 target coming from an earlier analysis. XRP faces key resistance between $1.55 and $1.66, and a breakout could lead to gains toward $2 in the short term. Brandt's analysis is based on technical patterns, not Ripple's fundamentals, and does not guarantee a price rise or trading position.

As of Sep 28, 2026 19:27 WIB, XRP trades at Rp27.230 on Pluang, showing a 1.33% decline over the past day. Despite the veteran trader Peter Brandt's technical interest, the token's market cap stands at Rp1.685,81 trillion with a 74% buy order activity on the platform. The typical holding period for XRP on Pluang is 71 days, indicating a moderate-term investor interest.

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