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[aryan4]

Popular analyst Peter Brandt made important analysis and statements about XRP. According to technical analysis studies, she predicted that a reverse shoulder-head-and-shoulders pattern was formed and that XRP could start a big rise according to this chart formation.
What do you think of this technical analysis on XRP?

 

[Niftyicon]

I guess he is on the right track in his predictions. How long this beautiful rise for ripple will last is a question that begs for answers though.

 

[Wisdom01]

The coin is already more than $1.32 and the amount of xrp have trippled than it was last few months , it is best to have as little as 1 xrp because the price is on the rise

 

[aryan4]

I guess we can say it is a very successful prediction. When this prediction was shared, it was around $ 1-1.05. There is a 50% gain even for the current price.

 

[silentwatch]

Ripple just reach its high, well i think this going to be profit take time and the token will fall at least 2 % and going sideways.
Waiting for another Signal for raise to $2...
Will it reach $ 2 before this month end?

 

[Josemendez]

Considering how high xrp has soared in the past days , I think his predictions is coming to reality ,and xrp will rise further in coming days .

 

[Brain]

Some people study people rationally then makes the assumption which comes out true. I think this is what happened here and more people are even investing in ripple daily

 

[Wisdom01]

Considering how high xrp has soared in the past days , I think his predictions is coming to reality ,and xrp will rise further in coming days .

Yeah I also believe the coin have lot of potential to grow , because despite the speculation of the coin depreciating further and lawsuit case ,the price still rise

 

[achawaskey]

I think his analysis might be true considering season we are now, and we are about to enter spending season with a lot of purchases, this will definitely rise the demand of cryptocurrency.

 

[Niftyicon]

Peter Brandt is actually right but due to the legal issue the company is facing, XRP would have been bigger than this. but then at least it is getting bigger and bigger with time

The lawsuit did stunt the growth of xrp but that has not in anyway stopped the Ripple company considering the new partnerships it was able to form even during the period.

 

[GoldenLady]

XRP will consistently have it's growth stunted by the unresolved lawsuit despite any bullish pattern that forms. It can be seen clearly in this bear market that fundamental analysis had a strong influence on price movement.

Even coins that have broken out can go back to a downtrend once the market, Bitcoin in particular moves in the opposite direction.