XRP garnered significant market attention after veteran trader Peter Brandt shared a comment on the XRP Ledger token’s price action. Brandt’s post drew responses from John E. Deaton and CredibleCrypto, who reaffirmed bullish expectations for the token’s current cycle.
However, despite the renewed attention, XRP price slipped nearly 8% on Oct. 14 before bulls recovered some of the losses. The token struggled to stay above $2.50 despite strong volume near support. XRP price’s recovery could result from the hype generated from Brandt’s X post.
Peter Brandt’s Chart Sparks Frenzy Among XRP Analysts
The market’s renewed excitement began when veteran trader Peter Brandt shared an XRP chart on social media, calling it one of the purest long-term structures in classical charting history.
The post showed a clean breakout from a multi-year triangle — a setup Brandt implied reflected textbook symmetry. Moreover, Brandt’s reputation as a 50-year market veteran, known for precise pattern recognition, lent immediate weight to the analysis.
Within hours, the post spread rapidly through the XRP community. Attorney John E. Deaton, a vocal XRP supporter, quoted Brandt’s post and tagged popular analysts CredibleCrypto and BCBacker for their views. Deaton’s response transformed a technical observation into a full-fledged market conversation. CredibleCrypto replied by stating that the analyst remained bullish for XRP in the long run.
Moreover, the analyst projected XRP’s potential to reach double-digit valuations by the end of the current cycle.
As the discussion unfolded, sentiment around the token turned noticeably charged. Independent analyst Cobb added to the frenzy, claiming the next leg up could make XRP the “Ethereum killer.” Brandt did not elaborate further, yet his minimalist comment had enough authority to fuel widespread speculation.
In effect, Brandt’s post re-centered XRP in market discussions, setting off a wave of renewed optimism even as price action remained subdued.
Analysts Outline Technical Scenarios
The wave of technical discussion that followed Peter Brandt’s post found fresh direction in ChartNerd’s analysis. The trader published a detailed Fibonacci-based comparison between XRP’s 2017 and 2025 structures, describing both as near-identical formations.
ChartNerd argued that the current setup mirrored the 2017 breakout pattern, noting how the token had broken out of a multi-year symmetrical triangle and was now consolidating above the resistance block. The post used 2.272 and 2.414 Fibonacci extensions to project potential upside targets near $22 and $30 if the structure continued replicating its prior cycle.
As the trader highlighted, the three-month Heikin-Ashi view showed no major structural damage despite the wick to $1.60, reinforcing the idea that XRP’s macro trendline remained intact.
Meanwhile, independent analyst Kamran Asghar offered a shorter-term interpretation.
Asghar pointed out that XRP price had tested its rising trend support for the second time, calling it a “high-conviction bounce” setup. The analyst’s intraday chart showed that previous reactions from this level led to quick recoveries toward the $2.70 area, suggesting buyers were still willing to defend short-term structure.
Additionally, pseudonymous market analyst Batman added a broader context, noting that excluding the sharp “Trump tariff candle” from last week’s volatility, XRP still followed a steady upward channel.
The Dark Knight underlined that every past retest of this bullish trendline by the XRP USD pair had preceded strong rebounds, a pattern that continued to hold as of mid-October.
The analyses converged on one idea: XRP’s technical foundation remained structurally sound. Whether viewed through Fibonacci fractals or trendline confirmations, analysts collectively framed the recent pullback as consolidation rather than breakdown.
