ANALYSIS: Peter Brandt Spots Potential Bullish Flag for XRP 🚀
Veteran trader Peter Brandt has identified a potential bullish flag pattern forming on XRP’s chart. If validated, this technical setup could push XRP’s market capitalization to an ambitious $500 billion. A bullish flag is a continuation pattern that signals strong upward momentum after a period of consolidation.
However, Brandt has cautioned that the pattern must complete within six weeks to remain valid. If XRP fails to confirm the breakout within this timeframe, the bullish scenario may weaken. Traders should monitor volume and price action closely for signs of confirmation or invalidation.
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