Peter Brandt Highlights Monero's Strength Amidst XRP's Recovery Challenges
Technical analyst Peter Brandt favors Monero while pointing to potential resistance for XRP's rally.
Technical analyst Peter Brandt favors Monero while pointing to potential resistance for XRP's rally. XRP (XRP) is trading at $1.41. This is an original Token Times brief based on reporting by Blockonomi, with live market data added, as of Sun, 11 Oct 2026 20:30:01 UTC.
Brandt's analysis highlights shifting sentiment in the altcoin market, with Monero showing stronger technicals than XRP, which faces significant overhead supply challenges.
- Peter Brandt favors Monero over XRP based on technical analysis.
- XRP faces potential selling pressure from investors at higher price levels.
- Monero's previous overhead supply has been absorbed, suggesting stronger price support.
- XRP's recovery towards $2.16 could face resistance due to historical price levels.
Technical analyst Peter Brandt has expressed a preference for
Monero over
XRP in his latest analysis of altcoin charts. Brandt highlighted that Monero's previous overhead supply has been absorbed, which could provide stronger price support compared to other cryptocurrencies.
In contrast, Brandt pointed out that XRP faces potential selling pressure from investors who bought at higher price levels. This resistance could interrupt XRP's recovery towards the $2.16 mark. The analyst noted that while XRP is showing a reversal pattern, its right shoulder is short and poorly formed, indicating potential weakness.
The analysis comes as the broader cryptocurrency market remains relatively flat, with
Bitcoin showing a modest 24-hour gain of 0.79%. The overall market cap stands at $2.9 trillion, and the Fear & Greed index is at 61, indicating a state of 'Greed' among investors.
Monero is currently trading at $540.03, up 2.33% in the last 24 hours, while XRP is at $1.41, with a slight 0.39% increase over the same period. Despite XRP's recent gains, Brandt's analysis suggests that its upward movement could be challenged by historical price levels.
Investors and traders may want to watch for how these technical dynamics play out in the coming days. Monero's stronger technicals could make it an attractive option for those looking to diversify their altcoin holdings, while XRP's recovery could face headwinds if selling pressure intensifies.
Since this brief published about 2 hours ago, XRP (XRP) has moved from $1.41 to $1.41 — +0.00%.
The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XRP ≈ ₹146.99 (about $1.41), up 0.1% over 24 hours. The rupee itself trades about 7.7% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Peter Brandt Highlights Monero's Strength Amidst XRP' — questions & answers
Why does Peter Brandt prefer Monero over XRP?
Brandt believes Monero's previous overhead supply has been absorbed, providing stronger price support, while XRP faces potential selling pressure from investors at higher price levels.
What challenges does XRP face in its recovery?
XRP's recovery towards $2.16 could be hindered by selling pressure from investors who bought at higher prices, creating resistance.
How does Monero's technical outlook compare to XRP's?
Monero's technical outlook appears stronger due to the absorption of previous overhead supply, while XRP's reversal pattern shows a poorly formed right shoulder, indicating potential weakness.
How much is 1 XRP worth in rupee today?
About ₹146.99 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.41. The rupee price moves with both XRP's US-dollar price and the USDT/INR rate; use our XRP in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Blockonomi. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.