Legendary trader Peter Brandt has once again caught the investors' attention with his bearish prediction for XRP price. The veteran trader has made a series of predictions recently for the S&P 500, gold, Yen, Bitcoin, and Crude oil.
Legendary trader Peter Brandt has once again caught the investors’ attention with his bleak prediction for XRP price. The veteran trader has recently made a series of predictions for the S&P 500, gold, Yen, bitcoin, and crude oil. But, it seems that he is bearish on both cryptocurrencies. However, he is optimistic on the gold price.
Recently, Brandt shared his thoughts on several markets, revealing predictions for the year 2025. In response to one user’s question about "everyone's favorite market," which is likely to be at its current level at the end of 2025, even if "the bears continue to dominate and year will end on a lower note," the trader replied:
"XRP. They will be placing a new market cap of $60 billion. Current market cap is $121.6 billion and price is $2.03. So year will end on a lower note." See Also
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Brandt added: “It’s going to take a 50% reduction in market cap to get to $60 billion. At that rate, XRP will be back to $1.”
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