Veteran trader and renowned chartist Peter Brandt has spotlighted what could be a defining moment for XRP, pointing to a possible Head and Shoulders (H&S) formation on the weekly chart. The development comes at a time of increased geopolitical tension, casting uncertainty over XRP’s next direction. XRP Under Pressure Following Global Tensions XRP is trading around $2.03 after a sharp drop triggered by global unrest . The broader cryptocurrency market recently reacted to news that the United States launched airstrikes on Iranian nuclear facilities, further inflaming the ongoing Iran-Israel conflict. The impact was immediate, sending shockwaves through digital assets—XRP included. This recent price action has placed XRP at a technically sensitive point. Brandt, known for his deep understanding of chart patterns, noted that the asset is currently holding just above a crucial neckline level that could determine whether the market turns decisively bearish. Head and Shoulders Pattern Points to Possible Breakdown Brandt’s analysis centers on an H&S formation that began to take shape in late 2024. The left shoulder appeared in December, following XRP’s rally to $2.90 and its subsequent pullback. The head formed in January 2025 when the price surged to $3.40. The right shoulder developed in May as XRP climbed to $2.65. Treat the Apr 7 overshoot as an out-of-line movement and we have a possible H&S top in $XRP For the sake of the uneducated trolls among you, this chart need NOT be interpreted as bearish Price is at support right now I will review if price closes below 1.8xxxx pic.twitter.com/YlsqLi2SzN — Peter Brandt (@PeterLBrandt) June 23, 2025 The neckline of the structure lies at $1.875—a level XRP is now hovering just above. Interestingly, Brandt disregards the sharp April 7 drop to $1.61, calling it an outlier caused by extreme volatility. Without this anomaly, the pattern remains cleaner and more symmetrical. He emphasized that the H&S pattern would only be validated if XRP closes a weekly candle below $1.80. Should this occur, it could pave the way for a deeper correction. Until then, the setup remains technically plausible but unconfirmed. Indicators Reflect a Market in Limbo Beyond chart patterns, broader technical indicators paint a picture of indecision. The 8-week and 18-week exponential moving averages have flattened and now run closely together, often a sign that momentum is fading. Supporting this view, the Average Directional Index (ADX), which measures trend strength, is currently at 16.41—well below the threshold that indicates a strong trend. Meanwhile, the Average True Range (ATR) has contracted to 0.486, signaling reduced volatility. When both momentum and volatility decline, the stage is often set for a sudden and decisive move in either direction. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Mixed Sentiment Among Analysts While Brandt’s analysis introduces caution, some analysts remain optimistic. CryptoInsightsUK noted a significant liquidity build-up around the $1.87 mark and suggested that XRP could briefly dip below this level—possibly to $1.72—to shake out weak hands before rebounding. He also highlighted that liquidity pools exist above current prices, hinting that any upward breakout could trigger a sharp rally. Looking at $XRP 4HR liquidity. I would expect we take the liquidity around $1.87. Whether we get the $1.72 I don't know, I think that would be an absolute blessing entry. Important to now look up above us and see how dense that liquidity has become. We do go up and it will be… pic.twitter.com/Mtl3o7pK03 — Cryptoinsightuk (@Cryptoinsightuk) June 23, 2025 Similarly, analyst EGRAG Crypto took a more bullish stance . He pointed out that XRP recently retested a critical support zone—what he calls the “white box”—and held firm. According to him, this successful retest is a bullish signal. EGRAG outlined two possible paths for XRP: either continued correction or a bounce toward new highs. However, he warned that XRP needs to reclaim the $2.08 level soon to preserve its upward momentum. If not, the asset risks dropping to $1.90 or $1.77, with $1.47 acting as a last-resort support level if selling pressure intensifies. Market Poised for XRP’s Next Major Move XRP now stands at a crossroads, with technical patterns, key support levels, and geopolitical events all converging. Whether Brandt’s bearish projection plays out or XRP defies expectations remains to be seen. One thing is certain—this is a critical juncture that demands sharp analysis and a strategic approach. As Peter Brandt hinted, this isn’t a moment for guesswork. Only those with a deep understanding of market dynamics will be prepared for what comes next. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Top Trader Peter Brandt Issues Rare XRP Price Prediction As Epic Head and Shoulders Appears appeared first on Times Tabloid .
