XRP Poised for $500B Market Cap as Peter Brandt Predicts Major Breakout

Peter Brandt, a seasoned trader, recently analyzed XRP’s price movement, noting a “half-mast flag” pattern forming.

This pattern, often signaling a continuation of a trend after consolidation, suggests XRP could reach a $500 billion market cap if it completes. Brandt emphasized that this breakout should occur within six weeks; otherwise, the pattern’s validity may be questioned. With XRP’s market cap at $138 billion, Brandt highlighted key resistance and support levels. Urging traders to monitor price action closely in the coming weeks for potential breakout signals.

Clever Robot News Desk 8^th January 2025