Veteran trader Peter Brandt has reignited fears within the XRP community with a stark warning: XRP could plunge to $1.07 if the token fails to break its long-standing resistance near the $3 mark. His prediction, based on a classic head and shoulders (H&S) pattern, suggests that the bulls are running out of time to reverse what could be a significant downward trend.
“If XRP doesn’t clear $3, the structure implies a slide to $1.07 is realistic,” Brandt posted on X, citing technical chart analysis as the foundation of his bearish outlook.
With XRP currently trading at $2.34 (as of May 26, 2025), the community finds itself at a critical inflection point—caught between bullish ETF momentum and looming bearish chart signals.
Technical Pattern or Turning Point?
Brandt, known for accurately predicting major price movements, including Bitcoin’s 2018 collapse, believes XRP’s Head and Shoulders formation is nearing completion. This pattern is typically considered bearish and often leads to breakdowns if support levels give way.
Left shoulder: Formed around $2.70
Head: Near the $3.30 peak
Right shoulder: Around $2.90
Neckline support: $1.90
If XRP falls below the $1.90 neckline, Brandt argues the token could be on track for a measured move down to $1.07, revisiting levels last seen in early 2024.
XRP Price Today:
| Metric | Value |
|---|---|
| Current Price | $2.34 (+0.86%) |
| 24-Hour Volume | $2.19 Billion |
| Market Capitalization | $128.3 Billion |
| Resistance Levels | $2.80 – $3.00 |
| Key Support | $1.90 / $1.07 |
Data from CoinMarketCap and TradingView, May 26, 2025
Contrasting Views: Not Everyone Is Bearish
While Brandt’s technical analysis paints a cautious picture, fundamental tailwinds are fueling optimism among other market participants.
According to a recent report by CoinPedia, Standard Chartered has set a bullish target of $5.50 for XRP by end-2025, with a potential long-term trajectory toward $12.50 by 2028. The driver? Rising institutional adoption, Ripple’s expanding global payment corridors, and anticipated ETF approvals.
“ETF narratives are turning XRP into the next institutional darling,” wrote analysts at CoinPedia. “Approval of the 1x XRP futures ETF is just the beginning.”
ETF Momentum and Legal Clarity
On May 20, Volatility Shares launched the first XRP 1x Futures ETF, sparking speculation that the SEC might greenlight a spot XRP ETF by Q3 2025. Combined with Judge Torres’ 2023 ruling that XRP is “not a security in secondary markets,” this has rekindled bullish sentiment, especially among institutional buyers.
According to Santiment, whale wallets holding between 10M–100M XRP have accumulated over 420 million tokens in the last two weeks, signaling quiet confidence despite the broader volatility.
Key Factors to Watch This Week
1. Resistance Break at $3
A daily close above $3 could invalidate the bearish pattern and push XRP into a fresh uptrend toward $4 and beyond.
2. Volume Confirmation
Analysts warn that even a breakout must be accompanied by rising volume and institutional inflows to be sustainable.
3. SEC Commentary
Any new regulatory update regarding ETFs or Ripple Labs’ compliance efforts could sharply affect sentiment and price trajectory.
What’s Next for XRP?
Whether XRP heads toward Brandt’s $1.07 warning or accelerates toward Standard Chartered’s $5.50 target, the coming weeks are pivotal. Traders and investors alike are watching two levels: $3 on the upside and $1.90 on the downside.
Short-Term Forecast:
Bullish Breakout: $3.20 → $4.00
Range Continuation: $2.00 – $2.90
Bearish Breakdown: $1.90 → $1.07
Final Thoughts
Peter Brandt’s track record makes his analysis hard to dismiss, but XRP is no stranger to doubters. With ETF speculation heating up, whale accumulation in play, and regulatory clarity improving, the token is walking a tightrope between technical resistance and macro opportunity.
“It’s do or die around $3,” wrote crypto trader @CryptoCred. “XRP’s next chapter starts this week—whichever direction it takes.”
Frequently Asked Questions (FAQs)
What did Peter Brandt say about XRP?
Peter Brandt warned that XRP could fall to $1.07 if it fails to break above the key $3 resistance level. His analysis is based on a bearish Head and Shoulders pattern.
Is XRP expected to go up or down?
There are mixed forecasts. Brandt sees a potential drop, but firms like Standard Chartered predict XRP could reach $5.50 by the end of 2025, supported by ETF developments and whale accumulation.
What is the current price of XRP?
As of May 26, 2025, XRP is trading at approximately $2.34, showing modest gains despite volatile market sentiment.
What is the XRP ETF and why is it important?
The newly launched 1x XRP Futures ETF by Volatility Shares is the first of its kind. It opens the door for broader institutional investment and may pave the way for a spot XRP ETF in the near future.
What’s the key support and resistance for XRP?
Resistance: $2.80 – $3.00
Support: $1.90 (neckline), with $1.07 as the bearish target if it breaks down
Glossary of Key Terms
Head and Shoulders Pattern: A technical chart formation signaling a potential trend reversal, often from bullish to bearish.
Resistance Level: A price point that an asset struggles to break above.
Support Level: A price point that an asset typically does not fall below.
ETF (Exchange-Traded Fund): A fund traded on stock exchanges, offering exposure to assets like XRP without directly holding them.
Whale Wallets: Crypto wallets holding large quantities of a coin, often influencing market direction.
SEC (U.S. Securities and Exchange Commission): U.S. regulatory body overseeing financial markets, including crypto regulations.
Volatility Shares: The firm that launched the first XRP 1x Futures ETF in May 2025.
Santiment: A blockchain analytics platform used to track on-chain behavior like whale transactions.
Sources:
Crypto Times – Peter Brandt XRP Forecast
Santiment – Whale Activity Data
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