Brandt's Long-Term XRP Chart Sees Token Reaching $5.40

Veteran analyst Peter Brandt has released a long-term chart for XRP that suggests the token could eventually reach $5.40.

The chart shows XRP consolidating inside a multi-year triangle pattern that formed since its 2021 highs, with price recently testing the upper boundary near $1.50.

A confirmed breakout from this structure is what underpins the longer-term projection of $5.40.

Whales have accumulated over $2 billion worth of XRP in recent weeks, and the token has climbed back above $1.50, gaining more than 8% in just a few days.

This increased buying pressure could boost adoption and price momentum if the breakout holds.