Today’s XRP price forecast starts with the token trading near $1.51, down roughly 0.12% over the past 24 hours, as veteran chartist Peter Brandt makes a case that has nothing to do with XRP’s famously vocal community. A specific number in his analysis is drawing fresh attention, and it’s not where XRP sits today. What Brandt actually said cuts against the grain of how XRP bulls usually argue their case.
Brandt highlighted a decade-long XRP/USD chart showing long-term narrowing structures, arguing that the technical setup alone could justify “a bet,” regardless of any Ripple partnership news or regulatory catalyst.
He was clear this isn’t unconditional support for the asset, which sets his view apart from typical XRP promotion. Any XRP price forecast needs a closer look at the token’s near-term price structure.
XRP Price Forecast: Can XRP Price Hit $1.60 This Week?
XRPUSDT Chart 1D
XRP at $1.51 is consolidating in a tight band, with short-term support sitting at $1.48–$1.50: a level identified as the key line for holding the current structure intact. Resistance clusters at $1.54–$1.56, with $1.60 marking the next meaningful ceiling before the token would need to contend with the heavier $1.80–$2.00 zone tied to prior selling pressure.
- The bull case: a sustained close above $1.56 strengthens the breakout argument and opens a path toward Brandt’s long-range $5.40 target, though that scenario plays out over years, not weeks.
- The base case, per a separate 2026 model, puts XRP in a $1.52–$2.15 range with a $1.79 midpoint.
- The bear case: a failure to hold $1.50 undercuts the consolidation thesis entirely and points back toward the low-$1.40s.
Brandt’s framing, charts over cult loyalty, is itself a signal. Even if XRP clears $1.60 and grinds toward $2.00, the percentage upside on a token with XRP’s existing market capitalization is measured in single digits, not multiples.
