Breaking news!!! Is XRP on the verge of a future explosion? Trader Peter Brandt reveals the next wave of bullish signals!

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Famous trader Peter Brandt recently shared two charts, suggesting that XRP may be on the verge of a new price breakout. According to his analysis, XRP is expected to see strong growth in 2025.

Key technical formations: Bullish wedge and flag pattern

In one weekly chart, Brandt points out that XRP may be forming a bullish wedge pattern, which, if validated, will lay the foundation for the rise in 2025. Meanwhile, the daily chart shows that XRP's price has retraced from $2.728, while the flag pattern suggests a potential strong upward movement, although this pattern does not always guarantee a rise.

XRP's December retracement: Is the upward cycle over?

After reaching a peak of $2.72 on December 3, XRP quickly fell back, and the current price is stabilizing around $2.1. Although there was a brief rebound in December, the upward momentum has not resumed. However, XRP's market capitalization has reached $124.14 billion, and the 24-hour trading volume remains at $4.02 billion, with robust market liquidity, which enhances confidence in XRP's long-term potential.

The future of XRP: Still has explosive potential

Despite recent price fluctuations, XRP continues to show strong resilience and appeal, and investors remain optimistic about its future.

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