- Peter Brandt poses a $100K crypto investment scenario with only XRP or Solana as options.
- A technical chart shared by Brandt shows a bullish “cup and handle” pattern for Solana.
- The post fuels speculation on Brandt’s leanings as community sentiment splits.
Veteran trader Peter Brandt recently asked his followers on X where to invest $100,000: Solana (SOL) or XRP. He ruled out all other assets and requested clear, concise reasoning and reactions from the crypto community.
The Clear Case for XRP
Brandt posted a chart of XRP/USD, highlighting what appears to be a breakout from a multi-year symmetrical triangle pattern. The chart shows XRP climbing past a key resistance trendline, with a projected target near the $4.43 mark based on the measured move technique.
As of this press time, XRP’s price stood at $2.35, a 1.8% surge in the past day. It needs a surge of 88% to attain Brandt’s $4.43 price forecast.
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Solana’s Bullish Pattern
The chart shared in Brandt’s post also shows Solana forming a “cup and handle” formation, a pattern widely seen as a bullish indicator. According to the chart, Solana could be poised for a major upside move, with a potential target above $500. This projection comes as SOL trades at $177, a 3.2% rise in the past day, suggesting significant room for growth if the pattern holds.
Reaching $500 would mean a 182% gain for Solana investors from its current level. Essentially, Brandt’s charts show a more bullish bias towards Solana than XRP.
Community Divided Between Utility and Momentum
Meanwhile, Brandt’s post ignited mixed reactions from the crypto community. One commenter argued that XRP’s case extends beyond technical analysis. He pointed to several potential catalysts, including:
- The possible approval of XRP spot ETFs
- The nearing conclusion of Ripple’s legal battle with the SEC
- Growing regulatory clarity around stablecoins
The commenter also highlighted rapid ecosystem growth, referencing new stablecoin launches on the XRP Ledger and strategic acquisitions like Hidden Road—and possibly Circle. He also mentioned Ripple’s expanding presence in the UAE, especially in licensing and tokenized real estate. In his view, XRP presents a more compelling long-term narrative than Solana.
Meanwhile, Afshine Emrani turned to Grok, Elon Musk’s AI, to weigh the charts. Grok chose XRP, highlighting its breakout from a long-term symmetrical triangle as a strong bullish signal.
While acknowledging Solana’s cup-and-handle pattern, Grok found XRP’s momentum and breakout structure more convincing for a $100,000 investment.
Meanwhile, analysts like Arnold and Stage Analysis leaned toward Solana. They see SOL’s failed breakdown as a possible Wyckoff-style “Spring,” signaling a potential bullish reversal.
Arboose offered a broader take, portraying Solana as the traders’ coin while noting XRP as tied to banks and governments. He argued that XRP’s institutional use case could drive long-term gains despite underperforming Bitcoin, even if it lacks hype. He suggested that XRP’s unpopularity might eventually become its strength.
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Sergey also backed XRP, citing upward momentum on higher time frames. He projected a potential 3x move for XRP and a 2x for Solana, though he warned that differences between linear and logarithmic charts could affect perception. Still, he leaned slightly toward XRP for its structural breakout potential.
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