XRP is trending with legendary trader Peter Brandt sharing some intriguing insights. As of December 29, 2024, XRP is trading at approximately $2.18, showing a slight uptick of about 0.93% over the past 24 hours.

Earlier this month, XRP reached a high of $2.72, but has since experienced some volatility, dipping to around $2.19.

Brandt, known for his sharp market analyses, recently highlighted a bullish wedge pattern on XRP's weekly chart, suggesting potential price growth into 2025.

Additionally, he pointed out a "half-mast flag" pattern, indicating a possible surge to new all-time highs around $4.6.

Despite recent fluctuations, XRP has had a remarkable year, with its value increasing by over 300%.

This growth is partly attributed to expectations of cryptocurrency deregulation under the incoming administration.

However, some analysts caution that XRP might underperform in 2025 as investors shift focus to newer cryptocurrencies.

As always, the crypto market is full of surprises. While technical patterns like those identified by Brandt offer valuable insights, it's essential to stay informed and approach investments with a balanced perspective. Happy trading!

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