XRP Price Prediction: Peter Brandt Says XRP Charts Justify a Bet

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XRP trades near $1.48, down 3% over the past 24 hours, caught in volatile consolidation ranging from $1.37 to $1.66. Veteran chart technician Peter Brandt stated that XRP long-term monthly charts, built on a decade of resistance-and-support structure, imply an eventual move to $5.40, while distinguishing this projection from an active trade call. This analysis coincides with whale accumulation of roughly 470 million tokens, approximately $724 million, over five days, along with an inverse head-and-shoulders pattern flagged near a $1.55 neckline. A close above $1.55 would confirm this pattern and open a path toward $2, roughly 30% higher.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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