Peter Brandt Turns Bearish on XRP Price Despite Ripple’s Push for Multichain Expansion

Veteran trader Peter Brandt has struck a bearish tone on XRP price, warning that the token may be forming a classic double-top pattern. His stance comes despite Ripple accelerating ecosystem growth through multichain stablecoin expansion and new institutional tools for XRP holders. Brandt’s caution comes at a moment when XRP’s fundamentals and infrastructure narrative appear to be strengthening, creating a growing disconnect between technical signals and long-term adoption developments. Brandt Flags Potential Double-Top Risk for XRP Price The veteran chartist highlighted what he views as a potentially bearish setup on the XRP price chart source: https://beincrypto.com/xrp-double-top-ripple-rlusd-layer-2/