XRP Poised for Sudden Spike Amid Accelerating Institutional Demand

XRP has outperformed every other top-10 cryptocurrency over the past week, gaining 12.33% and beating only Dogecoin in performance.

Mainstream crypto media largely ignored this achievement, but one investor believes XRP is on the verge of a sudden spike.

Peter Brandt, a Wall Street chart analyst who has publicly criticized Ripple and its community, assessed XRP's chart and set a long-term target of $5.40 without ideological motivation.