
XRP at $2.7? Legendary Trader Peter Brandt Shares Bullish View
As the cryptocurrency market continues to evolve and fluctuate, legendary trader Peter Brandt has taken a bold stance on Ripple’s XRP token. In his latest tweet, Brandt shared a bullish view on XRP, predicting that it could potentially reach an astonishing $2.7.
This prediction is particularly noteworthy given the current state of the XRP market. Despite recent efforts to launch RLUSD, Ripple’s stablecoin, XRP has failed to regain its upward momentum and instead remains stagnant at around $2.1.
Brandt’s forecast is not without precedent, however. In the past, he has correctly predicted major price swings in various cryptocurrencies, including Bitcoin. His reputation for accuracy lends credibility to his latest claim about XRP.
The market capitalization of XRP currently stands at $124.14 billion, reflecting a modest 1.79% increase over the past day. Meanwhile, the 24-hour trading volume has surged by an impressive 27.92% to reach $4.02 billion.
Source: u.today