Peter Brandt expects that the XRP price will “Up Up” will star-news.press/wp

benamira July 11, 2025

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Peter Brandt expects that the XRP price will "Up Up" will star-news.press/wp

Veteran trader Peter Brandt gave a thunderbolt look at the price of XRP, indicating that this gathering may continue to rise in the coming months by gathering bitcoin to ATH today. Its prediction comes after a period of monotheism, during which he kept a price higher than the main support levels.

Peter Brandt collapses the direction of the XRP price

Currently, the XRP price is traded about $ 2.60, after separating from the wedge structure that was bound by the price for several months. Peter Brandt Indicate The price of XRP is unified in a narrow range before the upward trend continues. As of the time of the press, the XRP price was traded at $ 2.77, at 13 % of the lowest level of the day at $ 2.47.

It indicates that this period of the movement of the sides is not a sign of higher, but rather a temporary stop before the next stage. According to Brandt, the price is likely to rise up with the end of the unification phase.

Brandt’s analysis shows that there is a strong driving step followed by the current side procedure. According to him, this trend indicates continuity, but not the opposite of the direction. The price is traded higher than the old resistance level from 2.35 to $ 2.40 which now works as a support line.

In addition, the size is in favor of this basic procedure, which indicates that this is not a false outbreak. During the gathering, the derivative market data reflected positive feelings with the climbing of the open benefits of XRP by 22.31 %, to $ 7.12 billion and a volume of more than 236 % to $ 29.85 billion, according to Codinglass.

Technical indicators indicate more gathering

Peter Brandt indicated in his analysis that the outbreak of the price of XRP in late 2024, in a long -term similar triangle. This penetration was a stronger purchase, which strengthened this step.

Since this time, it has been in a narrow range ranging between $ 2.00 and $ 3.00, indicating that buyers continue to control the market. According to Brandt, this monotheism may turn until it is followed by another fast climbing soon.

At the same time, technical indicators indicate its plan such as the average trend index (ADX), which exceeds 51, to a strong direction. In addition, the real average range (ATR) has decreased slightly, which is a typical mark on the market stop before it is in line with a larger step with a Brandt prediction again along the horizon for the XRP price.

XRP becomes the third largest encryption

The XRP price movement has accompanied the increase in interest in the distinctive symbol, whether from new users or within the broader market. Santiment data indicates that the created XRP portfolios exceeded 6900 in one day, which is the most important growth since the first of March.

Moreover, XRP achieved high popularity on social media, with more than 5.5 % of all encryption conversations focused on this distinctive symbol.

Consequently, XRP exceeded the rope according to the market value after it reached 170 billion dollars to become the third largest encryption. This market value has increased as a result of both higher network additions and the release of retail sale.

With XRP prices trading four months at $ 2.97, Altcoin is witnessing a renewed investor confidence. This bullish feelings are in line with Brandt prediction of more upward movement in the coming weeks.