Crypto
Brandt Sees XRP Price Target at $5.40 in Long-Term Chart Analysis
Veteran commodity trader Peter Brandt has published his long-term chart for XRP, which suggests an eventual price target of $5.40.
This would represent a roughly 260% increase from XRP's current trading area around $1.50. The cryptocurrency recently jumped nearly 9% on September 21 before giving up some of those gains.
Brandt stressed that his chart should not be interpreted as an actual trade recommendation, but rather a technical analysis based on the monthly XRP/USDT candles.