Peter Brandt Shares New XRP Setup as Bullish Cup-and-Handle Takes Shape

Peter Brandt’s latest $XRP daily chart points to a developing cup-and-handle setup, with the Sept. 23 high at $1.6572 emerging as the key breakout level.

Veteran trader Peter Brandt has shared another $XRP chart, this time drawing attention to what appears to be a developing cup-and-handle structure on the daily timeframe. The setup puts the recent $1.6572 high back in focus as the level buyers would need to clear.

Peter Brandt’s $XRP daily chart points to a possible cup-and-handle structure, with price near $1.52 and the recent $1.6572 high forming the main breakout level. The chart also shows $XRP above its $1.4978 SMA, with ADX at 43.80. Source: Peter Brandt/TradingView.