Peter Brandt flagged a potentially bearish weekly structure for XRP, warning that a break could project substantially lower prices. At the same time, Ripple is accelerating a multichain strategy centered on RLUSD stablecoin deployments to several Layer 2 networks, creating tension between technical sell signals and protocol-level adoption efforts.
Brandt identified a possible double-top formation on XRP’s weekly chart, with trading clustered near $1.83–$1.88 and a critical neckline close to $2.00. He cautioned that a sustained weekly close below that neckline would validate the pattern and imply a measured move toward roughly $0.40–$1.00. A double top is a two-peaked chart pattern that can indicate a reversal when price fails to exceed prior resistance and then falls below the intervening support.
He has also referenced descending-triangle and head-and-shoulders structures in prior analyses, classical patterns typically interpreted as signaling continued downside if confirmed. Brandt previously noted alternate downside scenarios, including a potential drop toward $2.22 if the $2.68 support level failed, underscoring a range of technical contingencies rather than a single deterministic forecast. Brandt conceded that if the double-top fails to materialize, a recovery could prove “exciting,” signaling his recognition that technical setups can reverse.
Ripple’s multichain expansion and RLUSD deployment
Ripple’s roadmap counters the technical narrative by extending XRP Ledger utility across multiple networks through RLUSD expansion. On December 16, 2025, Ripple announced RLUSD — its US dollar stablecoin issued under a New York Department of Financial Services (NYDFS) trust charter — would expand to Layer 2s including Optimism, Base, Ink and Unichain using Wormhole’s Native Token Transfers (NTT) standard to enable cross-chain movements. The company is also integrating cross-chain messaging through partnerships intended to support asset deployment across more than 35 blockchains.
Market signals remain mixed: on-chain reports cited sales of 1.18 billion XRP over four weeks, and XRP was roughly 50% below its July peak of $3.65, indicating selling pressure. Momentum indicators have shown signs of weakness — the weekly Relative Strength Index (RSI) around 33 suggests oversold conditions — while price interactions with the 50-week simple moving average have previously signaled downside exhaustion in other cycles.
These data points present a split decision for market participants. Traders focused on chart structure may prepare for further declines if key supports fail, while allocators weighing protocol-level adoption may emphasize the long-term utility gains from multichain integration.
The immediate trajectory for XRP will hinge on technical confirmation at the $2.00 area and the market’s reaction to Ripple’s multichain rollouts. A weekly close below the neckline would favor Brandt’s downside case, while continued RLUSD and cross-chain adoption could help absorb selling pressure.
