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Which Crypto Has the Best Chart? Peter Brandt Compares XRP, Monero and Solana

Which Crypto Has the Best Chart? Peter Brandt Compares XRP, Monero and Solana

BeInCryptoBeInCrypto2026/10/06 14:12
Veteran trader Peter Brandt recently published a weekly chart comparison of XRP, Monero, and Solana. He judged each asset purely on classical price patterns and measured moves. His verdict places XRP behind its peers, and the reasons show how chart structure separates strong setups from weak ones. How Brandts Chart Comparison Treats XRP Brandts chart comparison is a price-only technical review of three assets on weekly charts. It sets fundamentals aside and relies on classical patterns and measured moves. His core message is simple: chart structures evolve, targets are not sacred, and relative strength varies widely across assets. For XRP, Brandt identifies a cup-and-handle formation. That pattern is a rounded base followed by a small pullback, and traders often read it as a continuation signal. On a larger timeframe, it may form the right shoulder of a broader inverted head-and-shoulders pattern. A measured move from an inverted head-and-shoulders, based on daily closes, gives an upside objective near $2.16. He qualifies that target right away, because the right shoulder looks poorly formed and abbreviated. XRP Price Performance. XRP also faces heavy overhead supply, which means layers of prior trading that create resistance. Brandt calls this congestion a clear technical negative. Price must absorb it before any sustained advance can begin. Until then, the $2.16 objective stays a conditional target rather than a forecast. Why Does Brandt Prefer Monero and Solana Over XRP? Brandt presents Moneros chart as far more constructive. XMR has largely absorbed its previous overhead supply. He describes the path ahead as clear sailing. The weekly structure shows progressively higher highs and a cleaner path after earlier consolidations. He names it his clear favorite among the group. He says he does not need any fundamental narrative attached to XMR. Monero (XMR) Price Performance. Solana earns similarly favorable treatment. Brandt highlights a cup-and-handle pattern on a larger, more impressive scale than XRPs. SOLs weekly chart shows a broad rounded base under a well-defined horizontal resistance line. That setup suggests a higher-quality continuation once the level resolves. Some congestion remains, but the structure looks cleaner and more decisive. Solana (SOL) Price Performance. Brandt also briefly compares Ethereum and Stellar. ETH carries heavy congestion without XRP-type overhead supply, while XLM faces less resistance. Throughout the post, he stresses a pure price-action approach: he trades charts, not stories. He asks XRP holders not to take the weaker chart personally, since patterns morph and measured moves can fail.
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路透社•2026/10/07 06:41
Australian stock market declines due to persistently high bond yields and rising oil prices