$XRP is once again stirring debate among traders as conflicting technical patterns emerge—will it crash to $1.07 or surge past $2.50?*Let’s break down the latest analysis from top traders and what it means for your portfolio.
📉 Bearish Alert: Peter Brandt Warns of a Potential 55% Drop
Legendary trader Peter Brandt has spotted a "textbook head-and-shoulders" pattern on XRP’s chart—a classic bearish reversal signal. If confirmed, Brandt warns XRP could plummet to $1.07, a 55% decline from current levels.
🔴 Key Trigger: A break below $1.90 could accelerate the sell-off.
🟢 Invalidation Point: A surge above $3.00 would negate the bearish outlook.
"Below $1.90, I would not want to own it. H&S projects to $1.07. Don’t shoot the messenger." — Brandt
📈 Bullish Counterargument: Javon Marks Predicts a 570% Repeat Rally
Not everyone agrees with Brandt’s grim forecast. Crypto analyst Javon Marks highlights a falling wedge breakout—a bullish pattern that previously led to a +570% XRP rally.
✅ Supporting Factors:
- Rising RSI momentum (bullish divergence).
- Historical precedent for massive breakouts.
"The last breakout resulted in a ~570% surge. Prices could be ready for another major move."— Marks
⚖️ Key Levels: $1.90 (Support) vs. $2.50 (Resistance)
XRP’s short-term fate hinges on two critical price zones:
🔵 $1.90 Support – Held strong since November 2024; a breakdown could trigger Brandt’s bearish scenario.
🟠 $2.50 Resistance – Breaking this could confirm Marks’ bullish thesis and open the door to $3+.
"Watch $1.90 and $2.50 closely—the next two weeks will decide XRP’s trend." — Order flow analyst Dom
💡 What’s Next for $XRP ?
- If Bearish: A close below $1.90 could lead to a slide toward $1.07.
- If Bullish: Holding $1.90 and breaking $2.50 may signal a new uptrend.
Pro Tip: Use Binance’s price alerts to monitor these levels in real-time!
🤔 Final Thoughts: Who’s Right?
$XRP is at a pivotal moment—traders must stay alert. Will Brandt’s bearish pattern play out, or is Marks’ bullish breakout the real deal?
What’s your take? Drop your predictions below! 👇
#XRP #Crypto #Trading
(Disclaimer: Not financial advice. Always DYOR!)
