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$XRP to $10 if Trump’s analysis and promises come true 👌🚀
As the risk-on cryptocurrency consolidation continues amid renewed uncertainty over the Fed’s interest rate cut, XRP has fallen to $2.28.
XRP is set to be one of the biggest winners among cryptocurrencies, with one trader predicting a breakout that could send the price 3.5x to $500 billion.
While interest rates are still unclear, cryptocurrencies’ vulnerability to them was again demonstrated today.
Prices paid for goods and services rose 6 points to 64.4 on robust growth in the largest sector of the U.S. economy.
Why XRP Could Hit $502 Billion
Even so, regulatory triumphs are expected after Donald Trump’s inauguration.
The XRP one-week chart shows a half-mast flag that Peter Brandt says could cross the line higher or “something else to be determined.”
A market cap of $502 billion is expected if the pattern ends up bullish. The market cap could return to $28 billion before the election:
Half-mast flags should be over within six weeks, or they should be suspect. This flag $XRP needs to flip soon, or it will likely flip. It could hit $500 billion in market valuation once it ends.
Peter Brandt
The average true range (ATR) volatility metric has been rising over the past eight weeks, but has leveled off over the past three.
The Average Directional Index (ADX), which measures trend strength, has remained virtually unchanged since the November presidential election.
.
#MarketMajorComeback #BTCReclaims101K #MicroStrategyVsNasdaq #RLUSDApprovalBoostXRP #Write2Earn!
As the risk-on cryptocurrency consolidation continues amid renewed uncertainty over the Fed’s interest rate cut, XRP has fallen to $2.28.
XRP is set to be one of the biggest winners among cryptocurrencies, with one trader predicting a breakout that could send the price 3.5x to $500 billion.
While interest rates are still unclear, cryptocurrencies’ vulnerability to them was again demonstrated today.
Prices paid for goods and services rose 6 points to 64.4 on robust growth in the largest sector of the U.S. economy.
Why XRP Could Hit $502 Billion
Even so, regulatory triumphs are expected after Donald Trump’s inauguration.
The XRP one-week chart shows a half-mast flag that Peter Brandt says could cross the line higher or “something else to be determined.”
A market cap of $502 billion is expected if the pattern ends up bullish. The market cap could return to $28 billion before the election:
Half-mast flags should be over within six weeks, or they should be suspect. This flag $XRP needs to flip soon, or it will likely flip. It could hit $500 billion in market valuation once it ends.
Peter Brandt
The average true range (ATR) volatility metric has been rising over the past eight weeks, but has leveled off over the past three.
The Average Directional Index (ADX), which measures trend strength, has remained virtually unchanged since the November presidential election.
.
#MarketMajorComeback #BTCReclaims101K #MicroStrategyVsNasdaq #RLUSDApprovalBoostXRP #Write2Earn!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
XRP
2.2757
-1.76%
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