{"id":14447,"date":"2025-10-14T21:00:17","date_gmt":"2025-10-14T21:00:17","guid":{"rendered":"https:\/\/coinsrise.net\/blog\/chart-whisperer-says-xrp-shows-a-purer-market-structure-details\/"},"modified":"2025-10-14T21:00:17","modified_gmt":"2025-10-14T21:00:17","slug":"chart-whisperer-says-xrp-shows-a-purer-market-structure-details","status":"publish","type":"post","link":"https:\/\/coinsrise.net\/blog\/chart-whisperer-says-xrp-shows-a-purer-market-structure-details\/","title":{"rendered":"Chart Whisperer Says XRP Shows A \u2018Purer\u2019 Market Structure \u2013 Details"},"content":{"rendered":"

Veteran chartist Peter Brandt has shifted his view on XRP, moving from a short-lived bearish stance to a more positive outlook as the token tries to recover from a sharp market drop.<\/p>\n

According to recent reports, XRP<\/a> fell to $1.55 Friday, Oct. 10 during the sell-off, then bounced back into the mid-$2 range as traders reassessed the situation.<\/p>\n

Brandt Revises Technical Take<\/h2>\n

Brandt shared a long-term weekly chart covering 2013 to 2025. The chart shows years of sideways action that formed large triangle shapes before big moves.<\/p>\n

Between 2014 and 2017, XRP was held inside a symmetrical triangle and then broke out in March 2017, which preceded a run up to $3.30 by January 2018.<\/p>\n

That historical backdrop is being used now as a roadmap by some traders who see patterns repeating. Brandt\u2019s recent update came after he had earlier listed XRP among possible short targets; he later said he closed his short for a profit and has since turned bullish.<\/p>\n

\n

As a student of classical charting principles and history, has there ever been a purer long-term chart? $XRP<\/a> pic.twitter.com\/rbA2Mp955A<\/a><\/p>\n

\u2014 Peter Brandt (@PeterLBrandt) October 13, 2025<\/a><\/p>\n<\/blockquote>\n

\"\"<\/p>\n

Channel Pattern After The Breakout<\/h2>\n

Data shows a break above the triangle took place during the November 2024 rally. After that move, XRP entered a parallel channel where prices moved back and forth.<\/p>\n

The crash around Oct. 10 pushed XRP down to test the lower line of that channel, and the rebound has been built off that same support.<\/p>\n

At one point Brandt had XRP trading near $2.64, under its one-week simple moving average of $2.83, and it has been reported to have corrected further to about $2.55 at press time.<\/p>\n

Market strength is still thin; the Average Directional Index sits at 21.5, which points to a trend that is forming but not yet strong.<\/p>\n


\nOn-Chain Signal Shows Traders Selling At A Loss<\/p>\n

Based on reports from Xaif Crypto, the Spent Output Profit Ratio (SOPR)<\/a> for XRP dropped to a level last seen six months ago. That drop indicates many holders sold at a loss during the crash.<\/p>\n

\n

\"\ud83d\udcca\" #XRP<\/a> SOPR just dropped to 0.95 lowest in 6 months!<\/p>\n

Last time SOPR hit 0.92 (Apr 7), XRP bounced +35% from $1.90 \u2192 $2.58.
\nNow with a low near $2.38, next potential target: $3.10\u2013$3.35 pic.twitter.com\/LVj3lINXpa<\/a><\/p>\n

\u2014 Xaif Crypto\"\ud83c\uddee\ud83c\uddf3\"|\"\ud83c\uddfa\ud83c\uddf8\" (@Xaif_Crypto) October 13, 2025<\/a><\/p>\n<\/blockquote>\n

\"\"<\/p>\n

Market watchers say a fall in SOPR can mark capitulation and sometimes precedes a recovery if buyers step in. During the sell-off, XRP slid nearly 44% from $2.8 to roughly $1.58, according to trading data, but it has since climbed back toward the $2.5 region as sellers have been absorbed.<\/p>\n

Key Levels To Watch<\/p>\n

A weekly close above $3 would be seen as proof of renewed strength. Resistance around $3.6 lines up with a July 2025 peak and could stall gains.<\/p>\n

Support is marked by the breakout zone and a rising trendline that runs from about $0.8 to $1.5. If those supports break, XRP could move lower toward the $1 area before stabilizing.<\/p>\n

Featured image from Pexels, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Veteran chartist Peter Brandt has shifted his view on XRP, moving from a short-lived bearish stance to a more positive outlook as the token tries to recover from a sharp market drop. According to recent reports, XRP fell to $1.55 Friday, Oct. 10 during the sell-off, then bounced back into the mid-$2 range as traders…<\/p>\n","protected":false},"author":1,"featured_media":14448,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[18,10,14,17,760,23,31],"class_list":["post-14447","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency-market-news","tag-altcoins","tag-bitcoin","tag-crypto","tag-cryptocurrency-market-news","tag-peter-brandt","tag-xrp","tag-xrpusd"],"_links":{"self":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts\/14447","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/comments?post=14447"}],"version-history":[{"count":0,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts\/14447\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/media\/14448"}],"wp:attachment":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/media?parent=14447"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/categories?post=14447"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/tags?post=14447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}