{"id":22779,"date":"2026-04-30T18:00:20","date_gmt":"2026-04-30T18:00:20","guid":{"rendered":"https:\/\/coinsrise.net\/blog\/peter-brandt-puts-xrp-bulls-on-alert-with-new-support-chart\/"},"modified":"2026-04-30T18:00:20","modified_gmt":"2026-04-30T18:00:20","slug":"peter-brandt-puts-xrp-bulls-on-alert-with-new-support-chart","status":"publish","type":"post","link":"https:\/\/coinsrise.net\/blog\/peter-brandt-puts-xrp-bulls-on-alert-with-new-support-chart\/","title":{"rendered":"Peter Brandt Puts XRP Bulls on Alert With New Support Chart"},"content":{"rendered":"

Veteran trader Peter Brandt has shared a weekly chart and asked traders how deep they think XRP could fall into support. The post matters because Brandt\u2019s chart frames XRP not as a clean momentum breakout, but as a market still trying to prove that its late-2024 range expansion can hold as support.<\/p>\n

Brandt, posting from @PeterLBrandt account on X, addressed<\/a> the XRP crowd directly. \u201cAttention all Ripplettes,\u201d he wrote. \u201cHow deep into support do you Ripplettes think price could go? XRP. See chart.\u201d<\/p>\n

\"XRP<\/p>\n

What This Means For XRP<\/h2>\n

The chart attached to the post showed XRP\/USDT on Binance on a weekly timeframe. Brandt marked out a broad structure that begins with XRP\u2019s long base through 2023 and much of 2024, then the sharp vertical breakout in late 2024, followed by a wide consolidation and eventual pullback. The key level near $1.55 appears to be central to the setup. In technical terms, it\u2019s a former range-reclaim.<\/p>\n

That $1.55 region also explains why Brandt\u2019s chart is uncomfortable for bulls. XRP has already slipped below. Once a market loses a prior range, technicians often look for the next areas where buyers previously absorbed supply. Brandt\u2019s lower horizontal lines seem to map those zones: one near the recent consolidation lows, another around the deeper post-breakout support, and then the broader ascending base that defined XRP\u2019s pre-breakout structure.<\/p>\n

The poll attached to the post made that support map explicit. Brandt offered four choices: \u201cBottom is in,\u201d \u201cSupport at .93xx,\u201d \u201cSupport at .72xx,\u201d and \u201cSlightly above zero.\u201d<\/p>\n

The $0.93 area appears to come from a descending trendline which originates at the 2021 high. The $0.72 area is deeper. On the weekly chart, it aligns with the ascending trendline of XRP\u2019s old 2023\u20132024 base and the rising long-term support line that preceded the late-2024 move. In other words, it is not just a random number. It represents a possible full retest of the prior breakout structure.<\/p>\n

The broader pattern Brandt appears to be highlighting is a failed or stressed range breakout after a large advance. XRP broke out of a long accumulation-style range, rallied aggressively above $3, then formed a wide top-like consolidation with multiple failed attempts to extend higher.<\/p>\n

For XRP bulls, the first answer depends on the $1.55 area. If price can reclaim and hold that level on the weekly timeframe, the chart would look more like a deep retest of a breakout zone than a full structural failure.<\/p>\n

A reclaim would suggest that buyers are still defending the former range boundary and that the market has not fully surrendered the post-breakout advance. Without that reclaim, however, the lower support levels in Brandt\u2019s poll become more relevant because price would remain below the shelf that previously supported the consolidation.<\/p>\n

The poll results showed how split traders were on that risk. \u201cBottom is in\u201d had 27% of the vote, \u201cSupport at .72xx\u201d also had 27%, and \u201cSlightly above zero\u201d drew another 27%. The more moderate option, \u201cSupport at .93xx,\u201d had 19% and was marked as the selected choice in the screenshot. At press time, the poll had received 364 votes with nearly 12 hours remaining while XRP traded at $1.3941.<\/p>\n

\"XRP<\/p>\n","protected":false},"excerpt":{"rendered":"

Veteran trader Peter Brandt has shared a weekly chart and asked traders how deep they think XRP could fall into support. The post matters because Brandt\u2019s chart frames XRP not as a clean momentum breakout, but as a market still trying to prove that its late-2024 range expansion can hold as support. Brandt, posting from…<\/p>\n","protected":false},"author":1,"featured_media":22780,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[115],"tags":[23,29,30,116,118],"class_list":["post-22779","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-xrp-news","tag-xrp","tag-xrp-news","tag-xrp-price","tag-xrp-price-analysis","tag-xrp-technical-analysis"],"_links":{"self":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts\/22779","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=22779"}],"version-history":[{"count":0,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts\/22779\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/media\/22780"}],"wp:attachment":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/media?parent=22779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/categories?post=22779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/tags?post=22779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}