XRP is having a moment. The popular altcoin is up another 8% in the last 24 hours and now trades around $2.80, continuing its impressive rally during this ongoing market-wide pump. Veteran trader Peter Brandt has joined the bullish chorus, hinting that XRP might be gearing up for a massive move. We’ll also talk about one new crypto – $SNORT token.
In yesterday’s tweet, Brandt shared a long-term chart of XRP and called out a major technical development. He described XRP as “congesting” on the monthly and weekly charts – a term traders use when price coils tightly in a range. As per him, this congestion could be the final phase before XRP breaks out to the upside.
He even said it might be “ready to possibly blast off.”
That tweet went out when XRP was trading around $2.64 – and since then, the price has already pushed higher to nearly $2.80, showing that the breakout may already be underway.
What’s in the Chart?
Brandt’s chart stretches back to over 7 years, from 2018 to 2025, giving a macro view of XRP’s price behavior. There’s a descending trendline sloping from XRP’s past highs, and a large yellow box showing the recent consolidation area.
Source: X/@PeterLBrandt
This kind of pattern is common before big moves. Prices that tighten up over time tend to explode once they break free – either up or down. Brandt seems to think XRP is on the verge of breaking up.
And it’s not a short-term guess. He’s analyzing the weekly and monthly charts, which means this isn’t about what happens tomorrow or next week – it’s a broader outlook, suggesting big upside potential in the months ahead.
Community Reaction: Bullish Vibes
Brandt’s post got a ton of attention from the XRP community.
Some traders asked about his price targets. Others dropped their own charts, comparing daily fractals to his long-term view. One user even said, “TOP! ,” echoing the hype. Many simply thanked Brandt for sharing his thoughts – a sign of how much influence he still has in the space.
There were also users asking smart questions, like where the “measured move” target would land based on the breakout zone. All in all, the vibe was optimistic, especially with XRP continuing to pump after Brandt posted.
But Is It All Smooth Sailing?
Not exactly. Even with this bullish setup, XRP has plenty of things that could derail a breakout – like regulatory uncertainty, unexpected macro shifts, or just plain market exhaustion. XRP’s history is full of sharp rallies followed by equally sharp corrections.
Brandt himself used the word “possibly”, which is a nod to the uncertainty that always comes with technical analysis. Just because a chart looks good doesn’t mean the market will follow the script.
But if XRP does break above the descending trendline and clears the yellow consolidation box, Brandt’s “blast off” might really start to take shape. So far, the price action is proving him right. The breakout from the yellow box looks like it’s happening in real time. And if XRP keeps this pace, we may soon look back at $2.80 as just the beginning.
Missed the XRP Rally? This New Meme Coin Might Offer Bigger Potential
If you’ve been watching XRP pump but didn’t catch the entry, don’t worry – another opportunity may be brewing. A new meme coin called $SNORT (also known as Snorter Token) is quickly becoming popular in its presale phase. Built on Solana, with support for purchases via Ethereum, the token has already raised over $1.5 million in just a few weeks. And with a major launch event planned soon, some early investors are betting it could be one of the hottest meme projects of the year.
So, what’s the hype all about? $SNORT powers the Snorter Bot, a Telegram-based trading assistant that helps users automatically find, buy, and snipe new meme coins the moment they launch. Think of it as a meme coin trading tool for people who want an edge in catching the next viral token before it explodes. The bot also features low trading fees, supports staking rewards up to 212%, and already has a roadmap to expand across Ethereum, BNB, and Polygon – even though it’s native to Solana.
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The post XRP Price Ready for ‘Blast Off’, Crypto Veteran Predicts appeared first on CaptainAltcoin.
