Brandt Sees XRP Exploding to $5.40 on Long-Term Chart

Veteran trader Peter Brandt has outlined a long-term price target for XRP of $5.40, suggesting substantial upside potential despite the cryptocurrency's recent decline.

However, he warned that simply posting a chart does not prove someone placed a successful trade, and stressed the importance of providing evidence to back up trading claims.

XRP currently trades around $1.49, below its 18-month moving average near $1.88, leaving a significant technical hurdle between current prices and a stronger recovery.

The forecast was made using monthly XRP/USDT candles, placing the projection on a substantially longer horizon than typical daily trading setups.