Veteran trader Peter Brandt recently published a detailed critique on X regarding XRP and four other major cryptocurrencies. Explaining his foundational analysis, he emphasized his trust in “measured moves,” noting that initial targets are not guaranteed and charts frequently transform into entirely different patterns over time.
As a strict price trader, Brandt stated he “could care less about the fundamentals of XRP or any other coin than BTC.” Clarifying his message to XRP supporters, he added that his analysis is not meant to be offensive: “I trade price. Price is all that matters to me.”
XRP Carries the Heaviest Overhead Supply
With XRP trading at $1.51 on the weekly chart, Brandt pointed out a Cup and Handle pattern. On a broader scale, however, that same formation might actually represent the right shoulder of a Head and Shoulders structure. This illustrates the chart evolution he cautions against, where one pattern shifts into another.
While the measured move derived from the inverted H&S projects a target of $2.16 based on the formation’s height relative to the daily closing price, the right shoulder appears abbreviated and poorly formed. This implies further development of the right shoulder is probable, though not strictly required.
The primary obstacle is heavy overhead supply. Brandt highlighted that XRP has “a TON of overhead supply to work through,” viewing it as a clear negative factor. This is supported by the weekly chart, where the current price of $1.51 sits far below its 2025 peak of $3.65.
$XRP
Excuse the rant I am about to unleash
I believe in a concept called "measured moves"
Targets or objectives are not sacred
Charts often fail to deliver what we first identify and morph into something else
I have identified a C&H in XRP
On a larger time frame this C&H might… pic.twitter.com/o695MCEXHB— The Factor Report (@PeterLBrandt) October 6, 2026
SOL’s Cup and Handle on a Different Level
Solana changes hands at $121.06 on the weekly timeframe, which Brandt characterizes as displaying “a Cup and Handle on a different level than XRP.” The setup features a multi-year cup with a distinct rim near $260, formed across the 2021 peak and the 2024–2025 rally. SOL is currently bouncing back from lows near $75 and encounters less congestion around major resistance zones than XRP.
ETH and XLM Both Face Less Overhead Supply
Regarding Ethereum, Brandt observed that while it deals with “massive congestion,” it lacks “the same type of overhead supply that we find in XRP.” Even though other market observers have forecast that XRP might outperform ETH, this structural distinction puts Ethereum in a stronger position according to this metric.
Brandt also mentioned that XLM deals with overhead supply comparable to XRP, albeit at a different scale, which is the limit of his comparison between the two. Previously, he has referred to XLM as a solid candidate for a speculative long shot.
XMR is Brandt’s Clear Favorite
Monero trades at $560.88 and stands out as Brandt’s top pick by a wide margin. Its weekly chart exhibits a long-term ascending resistance trendline originating from the 2021 high, which XMR successfully broke above in 2026. Prices have continued to climb since then, and all previous overhead supply has been fully absorbed.
Describing the situation as “clear sailing ahead,” Brandt admitted he is unfamiliar with the fundamental narrative behind Monero, nor does he feel any need to know it.
We are on X, follow us to connect with us :- @TimesTabloid1
— TimesTabloid (@TimesTabloid1) June 15, 2025
What Separates All Five Assets?
Ultimately, Brandt’s preferences are dictated by how each asset handles overhead supply. XMR has successfully cleared its supply, SOL navigates it effectively, ETH encounters congestion but avoids XRP’s specific burden, XLM shares XRP’s challenge on a smaller scale, and XRP bears the heaviest overhead supply of the group.