Legendary Trader Peter Brandt Issues Bullish Verdict on Bitcoin, XRP, Ethereum and XLM
Crypto just survived one of the hardest weeks in four years. U.S. tariffs on Chinese exports pushed Bitcoin all the way down to $100,600 before it recovered above $111,000.
More than $16 billion in liquidations hit derivatives, leaving traders unsure if the cycle was broken. Into this setup, Peter Brandt posted charts for four majors — and all of them came out bullish in his opinion.
XRP is at $2.46. Brandt said the recent pullback is "a minor reaction." The breakout from last year’s wedge is still valid, with $1.79 acting as support and $3.00-$3.50 standing as the next targets.
Peter Brandt@PeterLBrandtOct 11, 2025A few final posts for the weekend, then I will leave you youngsters with your dreams$XRP - just a minor reaction in bigger theme of things$BTC - bull still alive and well$XLM - a bull waking from a nap$ETH - ready to rock and roll
If I change my mind I won't let you know pic.twitter.com/rL1nVETYSn
Bitcoin closed the week at $112,011. His verdict: "Bull still alive and well." The line that matters runs through $109,000-$110,000. Above, the SMA at $113,897 and resistance between $123,000-$126,000 are the next points to watch.
Stellar (XLM) and Ethereum in focus
Stellar trades at $0.33. Brandt called it "a bull waking from a nap." The key level is $0.25 on the downside, while $0.60 remains the resistance wall that could open up a much bigger move.
Ethereum is at $3,813 and "ready to rock and roll," according to the trader. Support sits at $3,072, resistance up at $4,700-$4,800. A break above would clear the long consolidation that has capped ETH since 2021.
The wider market is still heavy after the tariff shock, but Brandt’s message is simple: The main structures on XRP, BTC, XLM and ETH are unbroken, and the bigger trade is still pointing up.