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Peter Brandt points to bullish XRP pattern with $1.65 as key resistance

October 06, 2026, 12:40 AM
Veteran trader Peter Brandt shared an XRP daily chart alongside an image of a coffee cup, suggesting a possible cup-and-handle formation, a bullish chart pattern. The key resistance level Brandt highlighted was $1.6572, about 8.8% above the $1.5230 price shown when the chart was shared. A cup-and-handle pattern is typically viewed as bullish if price breaks above the upper resistance line. Brandt did not provide a specific upside target.

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