Veteran trader Peter Brandt has once again criticized the fervent XRP community, but his latest long-term weekly chart suggests XRP may be forming a bullish technical structure. Brandt noted that after breaking out in late 2024, XRP is now approaching the $1.50-$1.60 neckline. He had previously predicted that XRP's price could surge to $5.4. Brandt emphasized that technical charts are his sole reason for making a bet and believes one does not need to be a "fanatic" to hold XRP. He had previously called XRP a "stupid coin" but acknowledged its trading efficiency.