Peter Brandt predicts: XRP price ready to explode

Peter Brandt is a true expert in the field of trading. Since 1976, he has been active in the trading world and has built an impressive career. His best annual return was over 600%, with only three losing years and drops of less than 8%. He has definitely earned the title of renowned trader and analyst, after years of incredibly accurate predictions.

Peter Brandt has recently seen a bullish pattern in the XRP price, and according to him, this suggests that there could be huge profits ahead for Ripple.

Peter Brandt's analysis of Ripple’s XRP

The XRP token from Ripple received a lot of attention last year because the SEC (Securities and Exchange Commission) filed a lawsuit against the company. The SEC sued Ripple because there were suspicions that Ripple sold XRP tokens as unregistered securities. The lawsuit ultimately turned out positively for Ripple as they were vindicated and regained market confidence. Although the lawsuit has not been fully concluded.

Peter Brandt has been closely monitoring the token's price since then, and his recent analysis of XRP suggests that the cryptocurrency may be ready for an outbreak.

Brandt pointed out a "bull flag" pattern forming on the daily chart of XRP. If the pattern continues to develop as Brandt expects, the price of XRP could increase by as much as 15%. This would mean the price would rise to $3.54. He also suggests that there is a possibility of a 43% growth, which would result in a price of $4.39. These predictions align with previous forecasts regarding the price of XRP following the Ripple lawsuit. He even suggested that growth to $4.60 could be possible.

XRP is ready for an outbreak

Not only Peter Brandt is very positive about the future of XRP. A market expert from 'Disrupt Yourself' confirms his predictions after seeing the formation of the bull flag in the XRP price chart. This expert explains that the structure is visible on the 3-hour time frame of the token, also indicating that a breakout could push XRP to $3.90.

Cryptodanovic, another well-known analyst, has stated on Twitter that he also supports the predictions. According to him, the price of XRP could rise to an impressive $4.80 after breaking the pattern. All these positive predictions contribute to the positive market sentiment, making it even more likely that the price will rise.

XRP Price Analysis

At the moment, the XRP token is being traded at a price of $2.90 per token. In the last 24 hours, the price also saw a slight increase. To truly prove that the token is ready to grow in value, it must break out above the important resistance levels.

These two resistance levels are at $3.21 and $3.40. If the price crosses these boundaries, it may indicate a strong upward movement with a possible increase to $3.50 or higher. If the token remains below $3.21, the price is likely to end between $2.76 and $2.97. If the token fails here and the price falls below $2.76, there is a risk of further decline towards $2.52, which would give a negative signal to traders.

Alternative coins with potential for explosive growth

It seems that XRP is worth investing in at the moment, but that's not the only token with significant growth potential. Best Wallet is already known for its app where traders can easily maintain their entire portfolio, but they have also recently introduced their own token. Anyone looking for an all-in-one ecosystem is in the right place here.

The crypto wallet already has over 1 million users and is expected to capture 40% of the market in the next year. This is because you can easily and safely store crypto here, but also get exclusive benefits when you purchase the Best Wallet Token. Holders of $BEST get first access to the latest project launches, trade at a reduced rate, and receive higher rewards.

The project is already very valuable for traders, but will only be further expanded in the near future. At the moment, you can have a chance to win free token airdrops by completing 'quests' via the project's social media. This has also led to the account gathering more than 70,000 followers.

If you can't wait to potentially win tokens, you can now buy $BEST for a price of $0.0238 per token. It is advisable not to wait too long, as the presale will enter the next phase in just over 24 hours, causing the price to rise.

Now to Best Wallet Token ($BEST)