XRP Set to Tumble? Peter Brandt Sees $1.07 as Head-and-Shoulders Pattern Forms

XRP hovers at $2.35 as a head-and-shoulders pattern hints at a drop to $1.07. Ripple’s strong fundamentals offset bearish signals.

Maham Arslan•Monday, May 26, 2025•1 min read

Quick overview

XRP hovers at $2.35 as a head-and-shoulders pattern hints at a drop to $1.07. Ripple’s strong fundamentals offset bearish signals. Will bulls or bears win?

XRP’s price action has caught the attention of Peter Brandt, a veteran trader who has just flagged a classic head-and-shoulders (H&S) pattern. This formation – which signals a reversal from uptrends – suggests XRP could drop from $2.35 to $1.07. Brandt’s call is big, especially considering his previous prediction of a $27 move in 60 days.

Technical indicators are bearish:

XRP has a key resistance at $3; a break above that could trigger a correction.
$1.90 is the support line; below that and it’s a free fall to $1.07.
The H&S pattern with three peaks and a neckline at $1.90 is bearish.
Price action is indecisive with spinning tops and small bodied candles, showing market hesitation.

Ripple’s Fundamentals Counter the Technical View

While Brandt’s technical view is bearish, Ripple’s fundamentals are a counterweight. Recent developments include:

XRP ETF approval odds have jumped 83% and Grayscale, Bitwise and Coinshares have filed for regulatory approval.
The first ever 1x XRP ETF has been launched by Volatility Shares and that has sparked fresh interest in the market.
Ripple’s XRP Ledger is getting an upgrade that will increase scalability, challenging Ethereum and Solana.
Social media buzz is at an all time high with Ripple’s new partnerships and acquisitions.
A favorable court ruling in the Ripple vs SEC case has boosted investor sentiment.

So while the technicals say be cautious, the fundamentals say XRP is resilient.

XRP/USD Setup for Traders: Watch These Levels

XRP/USD is currently at $2.35 with a 24 hour volume of $2.15 billion. The 2 hour chart is bouncing from $2.27 support but resistance is near $2.41. The MACD is hinting at a bullish crossover but confirmation is lacking.

Trade considerations:

Bullish break above $2.41 with volume could target $2.48-$2.54.
Bearish breakdown below $2.27 could push to $2.21 or lower.
Wait for momentum and candlestick confirmation before entering trades.Wait.

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ABOUT THE AUTHOR See More

Maham Arslan

Crypto News Writer | Blockchain & Web3 Reporter

Maham is a crypto news writer and market analyst specializing in breaking down the latest developments across blockchain, digital assets, and decentralized finance (DeFi). With hands-on experience covering high-impact stories—from regulatory shifts and token launches to macro-driven price movements—she delivers timely, accurate, and SEO-optimized content for fast-growing crypto media platforms. Her expertise lies in producing daily news reports, price predictions, technical summaries, and coverage of market-moving events. Maham tracks real-time updates across global newswires, X (Twitter), and on-chain data to provide actionable insights tailored for retail traders, crypto enthusiasts, and institutional readers. With a strong grasp of crypto fundamentals and Web3 trends, she delivers content that’s informed, accessible, and always on time.