Skilled commodities trader Peter L. Brandt has addressed the XRP community, making a bullish prediction for XRP's price. He referred to XRP supporters as "XRP proppers" and stated that he does not care whether the price of XRP goes up or down. Brandt identified a Bull Flag pattern forming on the XRP chart, indicating a consolidation phase before a potential continuation of the upward trend. Additionally, the Ripple Stablecoin Tracker revealed that Ripple has minted large batches of its Ripple USD (RLUSD) stablecoin this week. This follows a recent report stating that the stablecoin is backed by $83,214,671 in reserves.



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