Top Trader Peter Brandt Reveals Critical XRP Price Level - What Happens Below $2.66?
Legendary trader Peter Brandt just dropped a bombshell XRP prediction that's shaking crypto markets.
The $2.66 Line in the Sand
Brandt's analysis reveals a crucial technical threshold at $2.66 - a level that could determine XRP's fate for months to come. His bearish target emerges only if XRP fails to hold this support zone on daily closes.
Technical Breakdown
The veteran chart analyst, known for calling Bitcoin's 2018 collapse, applies classical pattern recognition to XRP's current structure. His methodology bypasses hype and focuses purely on price action fundamentals.
Market Implications
This warning comes as institutional interest in digital assets reaches unprecedented levels. Yet Brandt's track record suggests traders should pay attention when he speaks about critical support levels.
Another day, another price prediction from someone who probably still thinks technical analysis works in a market driven by Elon Musk's tweets and regulatory whims.
A bearish formation on the XRP daily chart suggests further correction if prices close below the crucial $2.66 support trendline. XRP took an unexpected turn on Tuesday, as with major cryptocurrencies.
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