50-Year Analyst Peter Brandt Reveals Price Predictions for Ethereum (ETH), Solana (SOL), and XRP! Bear or Bull?

The recent activity in the Bitcoin and altcoin markets has attracted attention, with the BTC price surpassing $87,000 for the first time in months, and Ethereum exceeding $2,800. Following this market surge, experienced trader Peter Brandt shared his long-term chart analysis of Ethereum, Solana, and $XRP.

$XRP Expected to Reach $5.4!

Peter Brandt shared his expectations for $XRP in a chart and analysis posted from his X account.

Brandt’s monthly chart suggests that $XRP could potentially reach $5.40. However, Brandt clarifies that this level is not a definitive price target, but rather a possible target indicated by the chart pattern.

“This is my long-term chart for Ripple. It implies an upward move towards $5.40.”

Brandt emphasized that chart analysis does not imply an actual trade, but $XRP reaching this level represents a significant increase.

Ethereum Prediction: $8,600!

Peter Brandt shared his long-term analysis for Ethereum ($ETH), similar to his analysis for $XRP. The expert analyst stated that if Ethereum surpasses the $5,000 level, it could move towards $8,600 in the long term.

Brandt also emphasized that the $ETH chart should not be considered a call to action, stating that sharing a chart or price prediction alone does not indicate that an actual position has been taken; it is merely an estimate.

Brandt also doesn’t specify exactly when his predictions for $XRP and $ETH will come true, only stating that it’s a long-term perspective.

Solana May Be on the Verge of a Major Rise!

Peter Brandt recently pointed out that a cup-and-handle pattern, approximately five years in advance, has formed on Solana’s ($SOL) weekly chart. Brandt described the chart, shared from his X account, as a very important long-term outlook for $SOL.

According to Brandt, this formation encounters significant resistance around $240, and a sustained breakout above the $240 region is needed for confirmation. A sustained breakout above $240 is crucial for the formation’s completion. If this formation is finalized, the rise of $SOL from $116 to $240 represents an increase of approximately 107%. Therefore, this level stands out as a significant threshold for investors.

*This is not investment advice.