• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Peter Brandt: XRP Could Reach $500 Billion Market Cap

user avatar

by Giorgi Kostiuk

a year ago

Experienced analyst Peter Brandt made a bold prediction for Ripple, stating that the cryptocurrency's market cap could significantly increase.

Peter Brandt's Prediction

Peter Brandt, known for his successful analyses, claimed that XRP's market value could exceed $500 billion. Brandt noted that a flag pattern is visible on XRP’s weekly chart, and if completed within six weeks, it may lead to a breakout.

The half-mast flags must be completed within six weeks, otherwise they should be viewed with great suspicion.Peter Brandt

Current Situation of XRP

Brandt points out that XRP is at a turning point, consolidating within a flag pattern since a sharp rise last December. He believes XRP needs to gain upward momentum soon to successfully complete the current formation.

Potential Risks and Implications

The analyst warns that if the flag pattern is not completed timely, it could morph into a different formation, resulting in price declines. However, a successful completion could pave the way for a significant increase in XRP's market value.

Thus, the coming weeks present a crucial technical formation on XRP's chart, whose success could greatly enhance its value.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Ran Neuner Prefers PENGU Over XRP for 2026 Investment

chest

Crypto analyst Ran Neuner expressed his preference for PENGU over XRP as a better altcoin investment for 2026 during an appearance on the Paul Barron Network.

user avatarRajesh Kumar

Regulatory Clarity Drives Innovation in the Betting Market

chest

Regulatory frameworks in the US and Europe are evolving, allowing betting platforms to innovate while minimizing risks.

user avatarLucas Weissmann

Strategy Ltd Raises Concerns Over Index Exclusions for Digital Asset Companies

chest

Strategy Ltd raised concerns about the exclusion of digital asset treasury companies from indexes, emphasizing the need for clear regulatory frameworks to foster innovation.

user avatarFilippo Romano

stETH Maintains Tight Trading Range Amid Low Volatility

chest

stETH is currently trading within a narrow range between support at 3,09114 and resistance at 3,16464, reflecting a balanced market environment.

user avatarEmily Carter

Analysts Remain Bullish on ICP Despite Correction Signals

chest

Analysts remain optimistic about Internet Computer ICP's future, predicting potential price increases despite warning signs.

user avatarTomas Novak

Federal Reserve Member Advocates for Lowering Interest Rates

chest

Miran, a key Federal Reserve member, advocates for lowering interest rates to alleviate price pressures and support economic growth, but faces opposition from other Fed members.

user avatarKaterina Papadopoulou

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.