HomeCryptocurrencyLegendary Trader Peter Brandt Writes XRP Holders, Names His Preferred Coin

Legendary Trader Peter Brandt Writes XRP Holders, Names His Preferred Coin

Peter Brandt recently took to X to share a long rant about XRP and four other major assets. He shared his belief in the concept of measured moves, saying targets and objectives aren’t sacred. Charts often fail to deliver what is first identified and morph into something else. That is the foundation of his analysis.

He trades price exclusively and says he “could care less about the fundamentals of XRP or any other coin than BTC.” To XRP fans, he believes his analysis isn’t meant as an offense. “I trade price. Price is all that matters to me.”

XRP Carries the Heaviest Overhead Supply

XRP trades at $1.51 on the weekly chart. Brandt identifies a Cup and Handle on the asset’s chart. On a larger time scale, that same C&H may be forming the right shoulder of a Head and Shoulders pattern. This is the chart change Brandt warns about. One pattern is identified only to turn into something else.

The measured move from the inverted H&S projects to $2.16, derived by applying the height of the formation to the daily closing price. The right shoulder is poorly formed and abbreviated. This would suggest further right shoulder development is likely, but not necessary.

The bigger problem is overhead supply. Brandt says there is “a TON of overhead supply to work through” in XRP and calls it a direct negative. The weekly chart confirms it, with price at $1.51 sitting well below the 2025 high of $3.65.

SOL’s Cup and Handle on a Different Level

Solana trades at $121.06 on the weekly chart. Brandt describes it as showing “a Cup and Handle on a different level than XRP.” The chart shows a multi-year cup with a clear rim near $260, built across the 2021 peak and the 2024-2025 rally. The price is recovering from lows near $75 with less congestion at key resistance levels than XRP carries.

ETH and XLM Both Face Less Overhead Supply

Brandt notes ETH has “massive congestion” but without “the same type of overhead supply that we find in XRP.” Although other analysts have predicted that XRP will dominate ETH, that distinction places ETH in a structurally stronger position than XRP on that measure.

Brandt also flags XLM as carrying overhead supply similar to XRP, but with a different magnitude. That is the extent of the comparison he draws between the two. He has also previously called XLM a good pick for a long-shot bet.

XMR is Brandt’s Clear Favorite

Monero trades at $560.88. Brandt calls it his favorite by far. The weekly chart shows a long-term ascending resistance line from the 2021 high that XMR broke above in 2026. The price has continued higher since. All the overhead supply has been absorbed.

Brandt says it is “clear sailing ahead.” He doesn’t know the fundamental narrative behind XMR but believes he doesn’t need to.

What Separates All Five Assets?

Brandt’s preference comes down to one thing. XMR absorbed its overhead supply. SOL navigates it well. ETH carries congestion but avoids XRP’s specific problem. XLM shares XRP’s burden on a smaller scale. XRP carries the most of any asset in this comparison.

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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Tobi Loba
Tobi Loba
Tobi Loba is a passionate writer with a vast interest in the stock market. She joined the crypto ecosystem about three years ago and has written lots of ebooks and articles in relation to cryptocurrency and blockchain projects. Tobi Loba earned her degree at the University of Ibadan.
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