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"Ripple Could Surpass $500 Billion Market Cap Considering Weekly Chart"

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Son Min
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  • Trader Peter Brandt stated that Ripple's market capitalization could surpass $500 billion as it shows a half-mast flag pattern on the weekly chart.
  • He warned that if the pattern is not completed within six weeks, this analysis will not be valid.
  • Investors need to carefully watch the completion of the pattern.
STAT AI Notice
  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

Source=Peter Brandt X CaptureSource=Peter Brandt X Capture

There is a claim that Ripple's market capitalization could surpass $500 billion.

On the 6th (local time), virtual asset trader Peter Brandt stated on X, "A half-mast flag pattern is appearing on Ripple's market cap weekly chart," and "Ripple's market cap could surpass $500 billion."

However, he added, "If the pattern is not completed within six weeks, this analysis will not be valid."

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sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit