Veteran commodities trader Peter Brandt stated that XRP's long-term technical chart indicates its price could eventually rise to $5.40. He posted on X that this target implies an approximately 260% increase for XRP from its current level of around $1.50. Brandt emphasized that the chart should not be interpreted as actual trading advice, and his analysis is based on monthly XRP/USDT candlestick charts with a longer time horizon. XRP surged nearly 9% on September 21.