Peter Brandt’s New XRP Price Prediction Points to an All-Time Unbelievable Rise
Since the beginning of the week, XRP has been actively stealing the limelight from Bitcoin with its remarkable achievements; the associated Ripple token has surpassed $2.50, and its market cap is now $156.63 billion. This surge has placed XRP as one of the top three digital assets, surpassing only Bitcoin and Ethereum, and surpassing Solana and USDT. Many market participants were caught off guard by this development, and are now considering different predictions for XRP’s future price movements. Amidst this whirlwind of clashing enthusiasm, popular trader Peter Brandt, who was previously a skeptic of XRP, recently posted a bullish outlook. He shared a price chart of XRP, noting its recent breakout above the dynamic resistance at $0.92. Looking at Brandt’s chart, we can assume that the trader expects that this breakout could lead to a spike in the price of XRP to $24 per token. However, these predictions raise questions about XRP’s ability to do so, as its market cap would need to reach nearly $1.37 trillion.