Peter Brandt Compares XRP, XMR and Solana Chart Setups
Image: Bitcoin.com NewsVeteran trader Peter Brandt published a weekly technical chart comparison of XRP, XMR and Solana. He bases his analysis solely on classical price patterns and measured moves, setting asset fundamentals aside. Brandt identified a cup-and-handle pattern for XRP with a conditional $2.16 upside objective, but noted heavy overhead supply could block its advance. He favored XMR's chart, stating its comparable supply burden is already absorbed. Solana's weekly chart shows a broad rounded base under a well-defined horizontal resistance line.
Key points
- Peter Brandt compared weekly technical charts of XRP, XMR and Solana using only price data
- Brandt identified a cup-and-handle pattern for XRP with a conditional $2.16 upside objective
- He noted XRP faces heavy overhead supply that could obstruct its price advance
- Brandt favored XMR's chart setup, stating its comparable supply burden is already absorbed
- Solana's weekly chart shows a broad rounded base under a well-defined horizontal resistance line
Why it matters
The analysis offers a price-only technical reference for holders of the three altcoins, with no fundamental factors considered. Brandt's conditional XRP target and XMR preference are based solely on observed chart patterns.
What's unclear
The exact date of Brandt's X post sharing the chart analysis is not specified
It is unclear how the $5.40 monthly XRP projection referenced in one report relates to the $2.16 weekly target
Price context · XRP
At publication
$1.43
Now
$1.42
Change since
−0.70%
7 days · dashed line = publication
Sources · 2 publishers
Bitcoin.com News
Tier 2
Peter Brandt Favors Monero Over XRP Despite Bullish Price Targets
Coverage timeline
- First reported by BeInCrypto
- Confirmed by Bitcoin.com News
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error
