🚀 Peter Brandt Predicts $XRP Rally to $500B Market Cap

Veteran analyst Peter Brandt forecasts a massive 262% surge for XRP, projecting its market cap to hit $500 billion, pushing the price to $8.7. His prediction relies on a bullish flag pattern, which typically signals a continuation rally if completed.

📊 Low Selling Pressure Signals Confidence
Data from CryptoQuant reveals that exchange inflows remain flat since November's rally. This suggests holders are opting for self-custody instead of selling, reflecting strong market confidence in XRP's potential future gains.

🏦 Reserves on Exchanges Drop
On Upbit, XRP reserves have dropped to a 7-month low of 6 billion tokens, while Binance holds 2.9 billion XRP. This drop indicates large withdrawals to private wallets, signaling expectations of a significant price rally.

📈 Key Catalysts for XRP Growth
Factors like potential XRP ETF approvals and an anticipated altcoin season in 2025 could drive further price action. If XRP breaks its triangle pattern, the next bullish target could be $3.4, representing a 52% gain from current levels.

⚠️ Downside Risks Remain
However, a bearish breakout could invalidate this bullish outlook and push XRP’s price toward $1.1. Investors are watching closely for a clear direction in the coming weeks.

🎯 Outlook
With strong technical indicators, low selling pressure, and key upcoming catalysts, XRP appears poised for a potential breakout. If Brandt's prediction holds true, XRP could even challenge Ethereum (ETH) in market cap dominance.