- 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
"Enhancing Efficiency with Advanced Technology"... Musk Initiates 'Blockchain Government'
59 minutes ago
KOSPI Takes a Break During Lunar New Year... "Strategy Change After Monitoring US-Japan Monetary Policies" [Weekly Outlook]
1 hours ago![KOSPI Takes a Break During Lunar New Year... "Strategy Change After Monitoring US-Japan Monetary Policies" [Weekly Outlook]](https://media.bloomingbit.io/prod/news/916e1e77-fc68-4ca0-b872-62897ceaff2b.webp)
[Analysis] "Cryptocurrency Market Maintains Cautious Tone Amid Volatility... Bitcoin Forms Resistance Near 108k"
12 hours ago![[Analysis] "Cryptocurrency Market Maintains Cautious Tone Amid Volatility... Bitcoin Forms Resistance Near 108k"](https://media.bloomingbit.io/prod/news/ba1ca096-31bc-496a-9646-54c48ffdd3f3.webp)
U.S. Department of Government Efficiency (DOGE) Removes Dogecoin Image from Official Website, Leaving Only Official Logo
14 hours ago
'World Liberty Financial Led by Trump Family' Purchases 380 Billion KRW in Crypto Assets Since Last December
15 hours ago
Ranking News