In a move that has stirred excitement in the XRP army, legendary trader Peter Brandt has shared a chart identifying a classic cup and handle pattern on the total altcoin market cap.
This chart was amplified by prominent XRP influencer JackTheRippler (@RippleXrpie) and has reignited optimism around the current altcoin cycle, with many XRP holders interpreting it as a major validation of their long-held expectations and the start of the altseason.
🚨BREAKING: The Legend – Peter Brandt confirms altcoin season! #XRP pic.twitter.com/TuSSKUPBOJ
— JackTheRippler ©️ (@RippleXrpie) July 19, 2025
Is Altcoin Season Here?
Brandt is well-known for his strict technical approach. While he was previously skeptical about XRP, the asset changed his mind in late 2024, and his current analysis suggests that XRP and other altcoins are primed for a substantial breakout.
The chart he shared marks the development of a textbook cup and handle formation, a bullish continuation pattern typically signaling the resumption of an upward trend after consolidation.
The structure spans several years, capturing the retracement of late 2021, a slow accumulation phase, and the formation of a smaller corrective handle that began in early 2025 and continued until the recent market resurgence.
XRP’s Recent Momentum
Recent price action supports Brandt’s technical argument. XRP surged to $3.65 on July 18, marking a new all-time high for the asset. This came after a breakout from the $3 zone, followed by a brief retest and a strong continuation upward. The rapid ascent has been accompanied by a renewed sense of urgency in the market, as buyers rush in, anticipating a broader altcoin rally.
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While XRP has since pulled back slightly to $3.42, Brandt’s analysis suggests that the market is at the beginning of the altcoin season, and many market participants have high expectations for XRP and other altcoins. Analysts have also spotted a similar cup and handle formation on XRP’s chart, suggesting that this rally is not over.
XRP Community’s Reaction and Excitement
Within the XRP community, Brandt’s apparent endorsement of an altseason has been met with enthusiasm. One commenter suggested dollar-cost averaging as the best investment method for now, and others shared their excitement for the asset’s future, with some anticipating further growth driven by increasing utility.
XRP’s resilience in regulatory scrutiny, coupled with improving technicals, positions it uniquely among its peers. The excitement the community is showing suggests that bulls are ready to put XRP at the forefront of the 2025 altseason.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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