Peter Brandt, a prominent crypto and stock market analyst with a decades-long background in classical chart analysis, has published a long-term XRP chart that indicates a potential advance to $5.40. Using monthly bars to measure XRP’s price movement, Brandt wrote: “This is my long-term chart of XRP. It implies an eventual advance to $5.40.” Based on XRP’s current value at the time of publication, that target represents an estimated 265% increase. Monthly bars compress years of price history into each candle, framing the projection as a long-horizon structural path rather than a short-term swing.

Brandt Clarifies That the Chart Is Not a Trade Recommendation

Brandt also stressed that his XRP chart analysis on X is not proof that the projected move will occur and does not constitute a trading recommendation. The chart presents a long consolidation structure, with descending resistance from XRP’s 2018 highs and a gradually rising, demand-driven support level extending from the 2020 lows — overhead supply sloping down as buyer support slopes up.

“This is my long-term chart of ripple:native It implies an eventual advance to $5.40 A claim of a "call" or simple presentation of a chart is NOT a trade People who claim "trades" need to provide proof or else the claims are BS An X post is NOT proof pic.twitter.com/Szu6FiZq2T — The Factor Report (@PeterLBrandt) September 21, 2026”

The disclaimer speaks to a recurring dynamic on crypto social media, where a widely followed analyst’s chart is often re-shared by other accounts as a confirmed trade — the behavior Brandt singled out as unproven.

XRP’s recent 8.22% rise has attracted attention from crypto whales. According to estimates from Ali Martinez, large investors acquired $2 billion worth of XRP over a three-day period. The UTXO Realized Price Distribution (URPD) metric indicates relatively limited resistance up to $1.60. URPD maps how much of XRP’s supply was last moved at each price level, which is how on-chain analysts gauge where selling pressure could re-emerge.

XRP Faces Resistance Before a Potential Move Toward $2

After $1.60, the next resistance area is at $1.86. A move through that level would precede the $2 mark. Beyond it, the $2.19-to-$2.29 area forms a significant potential XRP price test on the path toward a retest of the all-time high at $3.65 or Brandt’s $5.40 target. Together, the levels sketch a sequence of observable checkpoints between the current price and either long-term reference point.

XRP was trading at approximately $1.53 at the time of publication. Its activity on spot crypto markets on Tuesday pushed 24-hour volume above $6.15 billion, a new monthly high. The article states that strong spot-market demand reduces the likelihood of a “bull trap” or “fake-out,” in which gains quickly disappear. Spot turnover reflects direct purchases of the token, which is why it is often weighed against derivatives activity when judging how a rally is being fueled.

Derivatives Activity Increases Around XRP

Derivatives markets also recorded increased activity. According to CoinGlass data, 24-hour trading volume rose by more than 49% to $7.92 billion. Renewed demand increased options traders’ interest in XRP positions with specific expiration dates, lifting options volume by 97.08%. The article notes that these expiring trades are conducted on stock exchanges.

Overall open interest was approaching $3.80 billion, while the open-interest-weighted funding rate showed a stronger bias toward long XRP positions. Typically, a higher open-interest funding rate is considered more favorable for XRP bulls in the near term because short-sellers pay to maintain fresh long positions. For readers tracking how the market digests Brandt’s chart, the near-term reference points are the $1.60 and $1.86 resistance areas, whether spot volume holds near its monthly-high pace, and the direction of the funding-rate bias.