Brandt Sees XRP Soaring to $5.40
Veteran commodity trader Peter Brandt believes XRP has the potential to surge to $5.40 in the long term, according to a TradingView post.
The target would represent a roughly 260% increase from the current price of around $1.50, where XRP is trading now.
XRP recently jumped almost 9% on September 21 before giving up some of those gains. However, Brandt emphasizes that his chart should not be interpreted as an actual trade recommendation.
The analysis uses monthly XRPUSDT candles, which gives it a longer time horizon than the daily or hourly charts typically used for short-term price predictions.