Veteran Chartist Peter Brandt Outlines Long-Term Price Targets for XRP, ETH and SOL

2 hour ago 2 sources positive

Key takeaways:

  • Bitcoin above $87,000 lifts risk appetite, but Brandt's non-trading XRP, ETH, SOL projections need confirmation.
  • XRP's legal status unchanged after CLARITY failure, so custody news may not spark sustained demand.
  • ETH needs $5,000 and SOL $240 to confirm Brandt's bullish paths; watch these breakout levels.

Veteran chartist Peter Brandt shared long-term chart analysis for XRP, Ethereum and Solana on Sept. 21, 2026, offering bullish but explicitly non-trading projections. His posts came as Bitcoin climbed above $87,000 for the first time in months and Ethereum moved above $2,800.

Brandt's monthly XRP/USDT chart implied an eventual advance to $5.40, roughly 251% above the token's trading level near $1.54. He stressed that a chart presentation is not a trade and that anyone claiming a call must show proof. XRP rallied about 9% in one session to $1.54, swinging between $1.41 and $1.57, though it remained below its 18-month moving average of $1.88. The chart traces a falling resistance line from the 2018 high meeting a rising support line from the 2020 lows, with XRP having broken above that formation before correcting from levels above $3.

For Ethereum, Brandt said a sustained move above the $5,000 area could open a long-term path toward $8,600. He did not give a specific timeframe and emphasized that sharing a price projection alone does not indicate an actual position. On Solana, Brandt highlighted a cup-and-handle pattern on the weekly chart, roughly five years in development. He said the key resistance sits around $240, and a sustained breakout above that level is needed for confirmation. If completed, the move from $116 to $240 represents an increase of about 107%.

Additional XRP-related developments accompanied the price swing. South African lender Absa switched on Absa Digital Asset Custody based on Ripple custody technology, about 11 months after the partnership was announced. Asset manager 21Shares restated its XRP bull case on regulatory clarity, institutional access, utility and fixed supply, while warning that greater XRP Ledger activity does not automatically create lasting XRP demand. The US Senate failed to advance the CLARITY Act in a 49-50 cloture vote, which Ripple said left XRP's legal status unchanged.

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