XRP Price Prediction By Peter Brandt Points To This

Peter Brandt, a legendary trader and crypto market expert, recently issued an epic prediction for XRP, the native asset associated with Ripple Labs.

He pointed to a classic Head and Shoulders (H&S) pattern on the weekly XRP charts. Despite recent price volatility, XRP is currently exhibiting impressive performance on the network.

Peter Brandt Analyzes XRP Price

In an X post, Brandt released an XRP chart showing the coin recently dropping into a tight consolidation range.

XRP has found support just under $2, exactly where the neckline of this possible head-and-shoulders pattern is formed.

For clarity, a head and shoulders pattern is a bearish reversal pattern that suggests a potential shift from an uptrend to a downtrend.

The technical support shows that the price of a crypto may have reached its peak and is likely to decline.

According to Brandt, the XRP weekly chart looks like a classic topping formation if traders see the April 7 price spike as a random anomaly.

Based on Brandt’s analysis, the XRP price rally of late 2024 may have peaked. Thus, if it closes below $1.87 this week, XRP could easily see more downturns.

The price zone near $1.99 sits right on the neckline, supporting the H&S pattern.

Peter Brandt disclosed that he would reevaluate the structure only if XRP closed below the $1.87 handle.

Typically, a breakdown of the head and shoulders pattern suggests that the upward momentum is weakening, and a potential downtrend is starting.

For the XRP price, this hints at a bearish trend.

An Expanding XRPL Ecosystem

While the price of XRP is finding its balance, the network is showing signs of improvement.

On Sunday, June 22, 2025, the XRP Ledger (XRPL) recorded 1.83 million payments, a huge milestone for the blockchain.

The record-breaking activity on XRPL highlights the expanding role of XRP in functional digital payments. It also implies utility-driven demand rather than just retail FOMO.

Peer-to-peer XRP transfers are on the rise, which indicates actual use rather than hype.

Recently, Circle Internet Group launched its stablecoin, USDC, on the XRPL to enable direct transfers.

The integration allows XRPL users to utilize USDC without transferring assets between chains.

It also caters to the rising need for stable and regulated digital currencies in blockchain.

In the first quarter of 2025, daily active addresses on the XRPL rose by 142%. This surge came shortly after Ripple acquired Hidden Road.

XRP Price and Key Performance Indicators to Watch

According to market data, XRP price had rested near $2 the prior day. It lost the psychological level of $2 earlier, dropping to $1.9.

The plunge followed a recent broader crypto sell-off caused by heightened geopolitical tensions in the Middle East.

However, during writing XRP price was up around 8% to $2.18 amid a broader market recovery.The trading volume soared 8% to $5 billion in the past 24 hours.

Technical analysis revealed that the Relative Strength Index (RSI) indicator has moved to oversold territory, raising the possibility of a further decline.

XRP will eventually disregard the downtrend and flip bullish if adoption picks up.

For now, traders should monitor the $1.95 to $2.00 price range. XRP could find support at this range and pick up momentum from here.

Last week, market analysts predicted an “explosive” move for XRP, citing similarities to 2017 patterns.

How high the coin will soar in the coming days may take strength from the broader market trend.

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