Peter Brandt highlights developing XRP cup-and-handle chart setup
Image: The Crypto BasicPeter Brandt shared an XRP chart that points to a developing cup-and-handle setup. The key breakout level is $1.6572. XRP trades around $1.52 and has consolidated near that level. Confirmation is absent while XRP remains below $1.6572. A loss of the handle area around $1.45 would weaken the short-term setup.
Key points
- Peter Brandt shared an XRP chart showing a developing cup-and-handle setup.
- The $1.6572 level is the breakout point to watch for confirmation.
- XRP trades around $1.52 and remains below that level.
- The handle area around $1.45 is the downside level to watch.
- The setup follows an August rally and a subsequent correction.
Why it matters
The reports identify $1.6572 as the confirmation level and $1.45 as the downside level. Those levels define whether the setup strengthens or weakens.
What's unclear
Whether XRP will confirm the cup-and-handle pattern remains unknown while it trades below $1.6572.
Price context · XRP
At publication
$1.51
Now
$1.51
Change since
+0.00%
7 days · dashed line = publication
Sources · 2 publishers
U.Today
Tier 2
Major XRP Signal: Peter Brandt Reveals Cup and Handle
Coverage timeline
- First reported by The Crypto Basic
- Confirmed by U.Today
- 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
