Express

Senior Market Analyst Peter Brandt Said XRP May Usher In A Record High

Mary Liu

Summary: Peter Brandt, an analyst who has tracked the commodity market for over 40 years, tweeted that the rebound of XRP may have just begun, and the token may reach a record high in the next few months. Brandt explained from a technical point, the weekly chart shows a reversed "head and shoulders pattern" (H&S) with a ...

Peter Brandt, an analyst who has tracked the commodity market for over 40 years, tweeted that the rebound of XRP may have just begun, and the token may reach a record high in the next few months.

Brandt explained from a technical point, the weekly chart shows a reversed "head and shoulders pattern" (H&S) with a dull RS trend, indicating that the token price will continue to rise.

According to Bitpush data, XRP has risen by more than 50% so far this week, and its current market capitalization is around $47 billion.

By Mary Liu

Last Update:

Tags: ,
Link: Senior Market Analyst Peter Brandt Said XRP May Usher In A Record High   [Copy]
  • The Bitcoin Halving is Complete! What’s Next? 3 days ago
  • Runes on Bitcoin: The Next Big Opportunity? 6 days ago
  • Uniswap Sued by SEC: What Does it Mean for the Future of DeFi? 11 days ago
  • The Value of Web3 Social, Explained 11 days ago
  • Initiated by Uweb and Waterdrip Capital, "Deep in Labs" announces its DePIN Demo Day 25 days ago
  • You need to login to comment.