- 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 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."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBitPiCK News
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