Market News / Story
XRP to $2.16? Legendary Trader Peter Brandt Says 'Yes but...'
Benzinga ·
Benzinga reports: Veteran trader Peter Brandt sees a path higher for XRP after a week of consolidation around $1.50 but warns one significant hurdle could stand in the way of further gains. Why Path Ahead Has A Warning Brandt on Tuesday identified a potential cup-and-handle formation in XRP that could also represent the right shoulder of a larger inverse head-and-shoulders pattern. Based on the height of that larger formation, Brandt sees a measured-move objective around $2.16. However, he…