XRP Asia Launches to Accelerate XRPL Adoption Across Asian Banks 
Bitcoin Eyes $87,200 Breakout After Weak U.S. Jobs Data 
Crypto Rallies as CLARITY Act Failure Opens Door to Faster SEC Rules 
MSTR Stock Rises 3% as Strategy Challenges MSCI Bitcoin Stance 
Coinbase, Circle Stocks Slide as Bank Group Sues OCC Over Crypto Charters 
Citi Raises Bitcoin Target to $113,000 as Crypto Outlook Improves 
Bitcoin Exchange Reserves Hit Multi-Year Low at 2.68 Million BTC 
Chainalysis AI Traces $387M Bitget Hack in Under 10 Minutes 
XRP Ledger Batch Upgrade Set for October 9 Mainnet Launch 
Stellar Leads RWA Tokenization Growth With $36.4M Inflow 
AI Agents Could Disrupt Financial Services, Bernstein Says 
Clearpool Expands to XRP Ledger, Plans CLEAR Token Migration 
NEAR Intents Hack Drains $3.8 Million, NEAR Price Falls 7.5% 
Hyperliquid Top Traders Turn Bearish as Smaller Wallets Stay Bullish 
PUMP Price Surges 15% as Whales Accumulate $3.58M 
Add as a preferred source on Google
Veteran trader Peter Brandt has put XRP back in the spotlight after sharing a cryptic chart that appears to hint at a potential cup-and-handle pattern. His chart highlights $1.6572 as a key resistance level that could determine XRP’s next major price move.
XRP is trading near $1.52 after staging a strong recovery from its August lows around $1.00. The cryptocurrency surged toward $1.70 during its August breakout before entering a broader correction that dragged the price to approximately $1.27 in mid-September.
Since then, XRP has recovered toward the $1.60-$1.65 region before consolidating near $1.50. This sideways movement may represent the "handle" portion of a potential cup-and-handle formation. However, the bullish technical pattern remains unconfirmed while XRP stays below Brandt’s $1.6572 breakout level.
Technical indicators offer some support for the bullish XRP outlook. The token remains above several important moving averages, with short-term support near $1.45 and longer-term support clustered around $1.35-$1.40. XRP has also broken above a descending trend line that restricted its price throughout much of September.
Momentum remains relatively constructive. The Relative Strength Index is sitting in neutral-to-bullish territory rather than at the heavily overbought levels recorded during XRP’s August rally. That could give buyers additional room if bullish momentum strengthens.
Still, the $1.65-$1.66 resistance zone remains the main obstacle. XRP has repeatedly produced upper wicks around this area, suggesting sellers continue to defend the level. A convincing daily close above $1.6572 could strengthen Brandt’s cup-and-handle scenario and bring the August high near $1.70 back into focus. A sustained breakout could eventually increase attention on the psychological $2.00 level.
On the downside, XRP has initial support around $1.48-$1.50, followed by roughly $1.45. A break below these levels could weaken the developing bullish structure and expose the $1.35-$1.40 support region.
For now, Brandt’s chart appears to highlight a potential XRP breakout setup rather than a confirmed bullish signal, with $1.6572 remaining the critical price to watch.
