Brandt's bullish XRP target is 41% below the all-time high

Peter Brandt posted a measured move for XRP on 6 October: «The measured move would be to 2.16 with is the height of the inverted H&S». XRP trades at $1.50, so the target sits 44.0% above the price. It also sits 40.8% below the $3.65 the asset reached on 17 July 2025.

“The measured move would be to 2.16 with is the height of the inverted H&S”

— Питер Брандт, 6 октября 2026

Run the target against the year

XRP is down 49.7% over twelve months, which puts it near $2.98 a year ago. Hitting $2.16 would leave it 27.6% below that. The bullish case on the chart recovers part of a 50% fall.

What Brandt actually wrote

The post carries more caution than the headline does. Brandt called the right shoulder of the formation «poorly formed and abbreviated» and said further development is likely but «NOT necessary». He flagged significant overhead supply on the weekly chart, meaning sellers are waiting above.

He also said he trades price action and does not look at XRP's fundamentals, and that he preferred the setups on Monero and Solana at the time of writing. He was not recommending XRP.

The Peter Brandt XRP target is a measured move: the height of the pattern projected from its breakout, with no timeframe attached and no level at which it stops being valid. XRP is the fifth-largest crypto asset at a $94.5bn market capitalisation, so reaching $2.16 means the market adding about $41.6bn to it, inside a window nobody has specified.

The price is not travelling toward it at present. XRP has moved 0.31% over the past week and 5.15% over the past month. Keep the monthly pace and the target arrives in about seven months. Keep the weekly pace and it arrives in two and a half years.

Two counts we already ran on XRP

We counted XRP's volatility squeeze on 12 September: the same compression had happened 14 times before, and the drift that followed went sideways more often than up. On 1 October the ledger moved 929 million XRP in payments while exchanges held $2.99bn, a split that says more about who uses the chain than any pattern on a weekly candle.

$2.16 is what the geometry gives and $1.50 is what the market gives. Neither number speaks to the 58.9% gap back to the old high.

Informational material, not investment advice. A chart target is a measurement of a pattern, and the pattern is not an obligation on the price.