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Cryptocurrency News Articles
Veteran Trader Peter Brandt Predicts XRP Could Rally to $6.40, Here's When
Jan 07, 2025 at 10:45 pm
Veteran trader Peter Brandt has observed a half-mast flag pattern on XRP's weekly chart, indicating a potential breakout. If the breakout is bullish, XRP could rally to $6.40, achieving a market cap of over $502 billion. However, if the breakout occurs slowly, XRP's valuation could drop to $28 billion.
Another trader, Ali Martinez, highlights a positive SuperTrend indicator on XRP's 12-hour chart, suggesting a potential price increase of over 470%.
Several events could contribute to XRP's bullish momentum, including the launch of Ripple USD (RLUSD) and crypto-friendly developments in the US, such as Donald Trump's presidency and Paul Atkins's role at the SEC.
Grayscale has categorized XRP as a store of value due to its hard-capped supply, inflation transparency, and immutability.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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- Fidelity Investments introduces an individual retirement account (IRA) that permits private investors to invest in cryptocurrencies
- Apr 03, 2025 at 10:10 am
- According to the company's website, investors can add virtual assets to their retirement portfolio through Fidelity Crypto for IRAs. However, only Bitcoin, Ether, and Litecoin are the assets available now.
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- President Donald Trump Announces Sweeping Reciprocal Tariffs on Global Imports and Declares April 2, 2025, “Liberation Day”
- Apr 03, 2025 at 10:10 am
- President Donald Trump marked April 2, 2025, as “Liberation Day” for American industry, signing an executive order to impose reciprocal tariffs on imports
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- The price of Solana (SOL) is desperately trying to remain above important support levels amid increasing pressure
- Apr 03, 2025 at 10:05 am
- In the last 24 hours SOL crashed from $138 to $131, wiping out gains from a mid-March rally. Technical charts show a bearish rejection at the 50% Fibonacci retracement level ($146.5)
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- Ethereum (ETH) is again in the limelight, since technical indicators indicate bullish and network activities to a possible turnaround.
- Apr 03, 2025 at 10:05 am
- The ETH is currently acting at $ 1900, whereby analysts indicate a potential bull run if the asset can reclaim the most important resistance levels.
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- U.S. House Financial Services Committee Advances “STABLE Act” Aimed at Creating a Dedicated Framework for Stablecoin Regulation
- Apr 03, 2025 at 10:00 am
- The STABLE Act, designed to create a dedicated federal framework specifically for stablecoin regulation, has reportedly gained significant bipartisan support.
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- Shocking footage has emerged of a woman cutting down a poster of independent Fowler MP Dai Le
- Apr 03, 2025 at 09:55 am
- Shocking footage has emerged of a woman cutting down a poster of independent Fowler MP Dai Le, saying she's doing so because the Vietnamese-Australian is a “Communist” and a “Muslim”.
