---
title: "Legendary Trader Peter Brandt Issues Bullish Verdict on Bitcoin, XRP, Ethereum and XLM"
description: "Legendary trader Peter Brandt remains bullish on Bitcoin, XRP, Ethereum, and Stellar despite recent market turbulence caused by U.S. tariffs on Chinese exports. After a significant drop, Bitcoin close"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/260790002.md"
published_at: "2025-10-12T13:11:00.000Z"
---

# Legendary Trader Peter Brandt Issues Bullish Verdict on Bitcoin, XRP, Ethereum and XLM

> Legendary trader Peter Brandt remains bullish on Bitcoin, XRP, Ethereum, and Stellar despite recent market turbulence caused by U.S. tariffs on Chinese exports. After a significant drop, Bitcoin closed at $112,011, with key resistance levels identified. XRP is viewed as a minor pullback, while Stellar is seen as a bull waking from a nap. Ethereum is poised for a breakout above $4,700. Brandt emphasizes that the main structures for these cryptocurrencies remain intact, indicating a positive outlook for the market.

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.

> A 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
> 
> Oct 11, 2025

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.

### Related Stocks

- [GBTC.US - Grayscale Bitcoin Trust BTC - ETF](https://longbridge.com/en/quote/GBTC.US.md)
- [ETHE.US - Grayscale Ethereum Staking ETF](https://longbridge.com/en/quote/ETHE.US.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.