XRP Ready for a Major Price Surge? Here’s What Peter Brandt Thinks
Experienced merchant, Peter Brandt, found a bullish model in the XRP price table, which may mean the future. With the latest income of XRP prices, the XRP community has caused excitement. If this mode is expected, XRP may be as high as $ 4.8.
Analyst’s view of XRP
Peter Brandt is no stranger to accurate market forecasting. His latest analysis on XRP shows that cryptocurrencies can be set to break through.
In the past few cases of XRP, due to its strong performance, the average increase of nearly 500 % has attracted people’s attention. The recent XRP movement may show a huge sign of moving up.
https://twitter.com/peterlbrandt/status/1884943046275449046
Brant pointed out the “Niu Qi” model on the daily chart of XRP, indicating that the coin may soon increase the price. He believes that if this model is expected, XRP may rise up to 15 %, reaching 3.5487 US dollars, or even soaring 43 %, and may reach $ 4.39.
In fact, Brandt’s analysis is consistent with previous predictions. Previously, he suggested that according to another logo mode he observed on the chart, the price of XRP is as high as $ 4.6.
XRP settings to break through
The analysis of PETER Brandt is consistent with the market expert Peter Brandt “Destroy yourself” to confirm The formation of the bull market on the XRP price chart. This structure can be seen within 3 hours of assets. Analysts speculate that breakthroughs can push XRP to $ 3.9.
Increase the emotional bullish mood, Cryptodanovic also supports This model. In the recent X post, he pointed out that XRP is currently trading in the bull market flag structure. He believes that once the asset is interrupted from this model, it may soar to an impressive $ 4.8.
XRP price analysis
As of now, XRP is The transaction price is $ 3.10It reflects the slight increase in the past 24 hours. However, in order to strongly confirm the upward trend, XRP needs to break the key resistance level of the past. The first challenge was more than $ 3.21, and then launched more than $ 3.40.
Prior to this, the market is still within a certain range, and it can still receive support from $ 2.76 to US $ 2.97. If XRP falls below $ 2.76, we may see greater corrections, and the price may return $ 2.52.
