Peter Brandt Issues Warning: XRP Chart Shows Strong Bearish Signals

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Bitcoin, XRP Face Potential Turning Points as Trader Warns of Sell-offs

Renowned trader Peter Brandt has cautioned crypto investors that both Bitcoin (BTC) and Ripple (XRP) may be approaching pivotal moments that could signal notable shifts in their trajectories. According to Brandt, technical patterns suggest the potential for downward price movement in both assets.

Bitcoin: A Critical Juncture

Brandt notes that Bitcoin has yet to decisively break through the $117,570 level. He views this as a crucial threshold that must be surpassed to sustain the current rally.

“Tops in markets are created by SUPPLY or DISTRIBUTION. BTC needs to get back above 117570 to discount the past 7 weeks as a possible double top,” Brandt wrote on X (formerly Twitter).A “double top” is a bearish chart pattern suggesting an end to an uptrend. He was fast to add, however, that this observation is not necessarily a bearish or bullish signal, but rather a nuanced look at technical indicators.

XRP: Approaching a Potential Breakdown

Turning to XRP,Brandt pointed to the cryptocurrency trading perilously close to breaching the diagonal support of a triangle formation. A breakdown below this support level could signal the end of its current consolidation phase and the beginning of a downtrend.

“The chart of XRP is potentially vrey negative,” he stated.

As of september 1st, Bitcoin was trading at $109,170, a nearly $8,000 drop from its recent high, according to CoinGecko.

Disclaimer: This article is for informational purposes only and should not be considered financial advice. Cryptocurrency investments are inherently risky and can result in significant losses.

What specific price level does the descending triangle pattern suggest XRP could fall to if the support level breaks?

Decoding Brandt’s Analysis: What XRP Holders Need to Know

Renowned trader Peter Brandt recently issued a stark warning regarding the XRP cryptocurrency,citing concerning patterns in its price chart. Brandt, known for his expertise in technical analysis adn decades of experience in financial markets, believes XRP is exhibiting strong bearish signals, potentially signaling a notable price decline. This analysis has sent ripples through the XRP community, prompting investors to reassess their positions. Understanding the specifics of Brandt’s warning and the underlying technical indicators is crucial for anyone invested in or considering investing in XRP.

The Specific Bearish Pattern: Descending Triangle

Brandt pinpointed a descending triangle formation on the XRP/USD chart as the primary cause for concern. A descending triangle is a technical chart pattern characterized by a flat support level and a descending resistance line. This pattern typically indicates a buildup of selling pressure, suggesting a potential breakdown below the support level.

Here’s a breakdown of why this pattern is considered bearish:

Flat Support: The consistent defense of a specific price level demonstrates buying interest, but this interest is weakening.

Descending Resistance: Each rally is met with increasing selling pressure, resulting in lower highs.

breakdown implication: A break below the support level frequently enough leads to a substantial price drop, as the pattern confirms the dominance of sellers.

Brandt’s observation isn’t isolated. Several other analysts have also noted the formation of this descending triangle, adding weight to the bearish outlook.

Key Technical Indicators Supporting the Bearish Thesis

Beyond the descending triangle, several other technical indicators corroborate Brandt’s warning. These include:

Moving Averages: XRP’s price is currently trading below key moving averages, such as the 50-day and 200-day Simple Moving Averages (SMAs). This is generally interpreted as a bearish signal,indicating that the short-term trend is down.

Relative Strength Index (RSI): While not currently in oversold territory, the RSI has been trending downwards, suggesting weakening momentum.A falling RSI can precede a price decline.

MACD (Moving Average Convergence Divergence): the MACD indicator is showing a bearish crossover, where the signal line crosses below the MACD line. This is a classic bearish signal.

Volume: Declining volume during rallies within the descending triangle suggests a lack of conviction from buyers.

Historical Context: Brandt’s Track Record & XRP’s Volatility

Peter Brandt has a proven track record of accurately predicting market movements. He famously called the 2018 Bitcoin bear market and has consistently provided insightful analysis across various asset classes. His warnings carry significant weight within the trading community.

XRP itself has a history of high volatility. While the SEC lawsuit (see section below) has been a major driver of price swings, XRP has also experienced significant price fluctuations independent of legal developments. this inherent volatility makes it particularly susceptible to bearish patterns like the descending triangle.

The SEC Lawsuit & Its Impact on XRP Price

The ongoing legal battle between Ripple Labs (the company behind XRP) and the U.S. Securities and Exchange Commission (SEC) continues to cast a shadow over XRP’s price. The SEC alleges that Ripple sold XRP as an unregistered security.

Partial Victory: Ripple secured a partial victory in July 2023, with the judge ruling that XRP itself is not a security.Though, the SEC is appealing this decision, and the case remains unresolved.

Uncertainty: The uncertainty surrounding the lawsuit continues to weigh on investor sentiment. A negative outcome for Ripple could lead to a significant price drop, exacerbating the bearish signals identified by Brandt.

Market Sentiment: Even positive developments in the case have often been met with “sell the news” events, demonstrating the cautious approach of many XRP investors.

Risk Management Strategies for XRP Holders

Given the bearish signals and ongoing uncertainty, XRP holders shoudl consider implementing robust risk management strategies:

1. Stop-Loss Orders: Setting stop-loss orders below the support level of the descending triangle (currently around $0.50 as of September 1, 2025) can help limit potential losses.
2. Position Sizing: Reduce your XRP holdings to a level you are pleasant losing. Avoid overexposure to a single asset, especially one with high volatility.
3. Diversification: Diversify your cryptocurrency portfolio across multiple assets to mitigate risk.
4. Dollar-Cost Averaging (DCA): If you are still bullish on XRP long-term, consider using DCA to gradually accumulate XRP at lower prices.
5. Stay Informed: continuously monitor the XRP price chart, technical indicators, and developments in the SEC lawsuit.

Understanding Support and Resistance Levels

Support and resistance levels are crucial concepts in technical analysis.

Support: A price level where buying pressure is strong enough to prevent the price from falling further.

Resistance: A price level where selling pressure is strong enough to prevent the price from rising further.

Identifying these levels can help traders make informed