Analyst Warns XRP Price Could Fall to $1 on Double Top Pattern

XRP faces renewed uncertainty as trader Peter Brandt turns cautious. Known for his technical expertise, Brandt has shifted from a long-term bullish outlook to warning of possible losses. He notes a double-top on the weekly chart, suggesting the market may see a sharper correction.

XRP has stayed resilient recently, and technical indicators are mixed. Analysts are debating whether support levels can hold or if the price might drop to $1.

Peter Brandt's Price Prediction for XRP

Peter Brandt has drawn attention to XRP’s double-top formation, a common reversal signal in technical analysis. In 2025, XRP recorded two distinct highs with a crucial support level at around $2. The breach of this support confirmed the pattern, suggesting a possible decline ahead.

According to Brandt, double tops generally reflect weakening bullish strength. Traders anticipating continued rallies may face challenges if the pattern completes. “It could fail, and I will handle that if it does. For now, it points to a negative outlook”, he commented on social media, emphasizing that the pattern itself requires careful monitoring.

Past market behavior shows that double tops often lead to noticeable drops. In XRP’s scenario, the move toward $1 could reverse recent gains and heighten short-term trading risks.

Alternative Views from Market Analysts

Not all analysts agree with Brandt’s negative view. Steph from Crypto pointed out XRP’s behavior near the 50-week simple moving average (SMA), noting that long periods below it often come before strong recoveries. Past cycles show rallies after 50 to 84 days under the SMA, including in 2017, 2021, and 2024.

This means what looks bearish might actually match historical cycle lows. Traders need to decide if XRP is in a longer decline or just a short-term pullback. The different interpretations make careful and flexible trading important.

Ripple Expands Ecosystem Amid Market Debate

At the same time, Ripple is advancing its platform and digital assets. The company recently revealed that Ripple USD (RLUSD) will be available on Layer 2 networks such as Optimism, Base, Ink, and Unichain, using Wormhole’s Native Token Transfers standard to enable cross-chain functionality.

These steps show Ripple’s effort to connect XRP and RLUSD to institutional and DeFi networks. Wrapped XRP (wXRP) allows liquidity across chains, and algorithmic trading tools for qualified accounts give regulated XRP exposure. These actions may reduce downside risk by increasing the token’s usefulness, even if short-term technical trends show weakness.

What Does It Mean for XRP?

XRP faces uncertainty as technical patterns and analyst opinions do not fully match. Peter Brandt sees a double-top that might take the price to $1, but other analysts highlight support levels and historical lows that could prevent big losses and support recovery. Ripple also continues to grow its ecosystem with RLUSD and cross-chain initiatives, which could increase XRP’s use and reduce risks.

This content is for informational and educational purposes only and does not constitute financial, investment, or legal advice.

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