CandleFocus Strong XRP Critic Predicts Explosive XRP Push Once 2021 High of $1.96 Clears
2024-11-19
Author: Content Editor
Renowned trader and XRP critic, Peter Brandt, has acknowledged the potential for explosive growth in XRP if it can break above key levels. He highlights a symmetrical triangle pattern on the chart, indicating tightening price action and consolidation. XRP's recent move above $1 confirms a breakout from this multi-year triangle, with increasing trading volume and diminishing volatility suggesting an impending big move. Brandt points to the $1.96 resistance level, and if XRP clears this barrier, he suggests a "rocket-like" move could occur. However, Brandt clarifies that he does not hold or plan to invest in XRP, remaining loyal to Bitcoin and Solana.
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