Peter Brandt warns XRP bulls after $1.55 break, highlights $0.93-$0.72 supports

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Peter Brandt polled traders on how deep XRP could fall into support on a weekly chart. The focus shifted to whether the market can reclaim the $1.55 area or test lower levels.

XRP weekly chart from Peter Brandt

Brandt posted a Binance XRP/USDT weekly chart and addressed “Ripplettes” directly, asking “How deep into support do you think price could go?” See post.

The chart frames a long 2023–2024 base, a late-2024 breakout, then consolidation and pullback. The $1.55 zone is marked as a former range-reclaim level. Price is now below that area, making lower supports relevant on breakdowns source.

Brandt’s support map points to prior demand zones from the recent consolidation and the deeper post-breakout structure. Those align with the old base and trendlines traders track on the weekly chart chart context.

Poll options were:
- Bottom is in
- Support at .93xx
- Support at .72xx
- Slightly above zero
poll

Early results showed a split: 27% “Bottom is in,” 27% “.72xx,” 27% “Slightly above zero,” and 19% “.93xx.” The poll had 364 votes with ~12 hours left. At that time, XRP traded at $1.3941.

For traders, the pivot is clear. A weekly reclaim of $1.55 would mark a hold of prior range; staying below keeps the .93xx and .72xx supports in focus source.