- Renowned trader Peter Brandt ignited debate by asking investors to choose between XRP and Solana for a $100,000 investment, highlighting contrasting bullish technical setups.
- XRP is retesting a major breakout, while Solana nears confirmation of a long-term cup and handle pattern, dividing investor sentiment.
Veteran trader Peter Brandt has sparked a lively discussion in the crypto community after posing a provocative question on social media: if you had $100,000 to invest in just one—XRP or Solana (SOL)—which would it be?
Brandt, known for his technical expertise, accompanied his challenge with comparative charts of the two assets, inviting followers to back their picks with a 40-word rationale. The post triggered a flood of responses, reflecting the stark divide in investor sentiment
XRP: Retesting a Major Breakout
XRP’s chart reveals a bullish breakout from a multi-year symmetrical triangle, overcoming a stubborn descending resistance. After peaking at $3.40 earlier in the year, XRP entered a correction and is now retesting the breakout level—a potentially pivotal moment.
At the time of writing, XRP trades at $2.32, slightly below its 8-period SMA ($2.36) but above the 18-period WMA ($2.29). Despite a modest 12.88% YTD gain, its ADX of 14.17 signals a weak trend, and low volatility (ATR 0.2588) suggests a coiled setup for a larger move. A successful retest could propel XRP toward its technical target of $4.43.
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Solana: Poised for a Cup and Handle Breakout
Meanwhile, Solana is shaping up within a classic cup and handle pattern, with the handle forming in early 2025. Currently priced at $174.84, SOL is down 6.31% YTD, yet its structure hints at a possible breakout toward $518.73.
SOL trades confidently above its 8-period SMA ($147.85) and 18-period WMA ($150.89). Its ADX stands at 15.91, slightly stronger than XRP’s, while an ATR of 37.23 suggests heightened trading activity and volatility.
Community Divided on Best Bet
Respondents to Brandt’s query are split. Some, like Trader CJ and IL Gallon, favored XRP due to institutional sell pressure concerns and accumulation signals. Others, including Chris Huber and Studios Stoic, leaned toward Solana, citing the pattern’s breakout potential and adherence to key moving averages.
While XRP offers a mature setup with a crucial retest underway, Solana’s bullish formation suggests explosive upside—if confirmed. For investors, the choice between them hinges on risk appetite, technical interpretation, and belief in each project’s fundamentals.
