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🚀 $XRP Set for a Major Breakout? Veteran Trader Predicts 60% Rally to $4.47! 📈
Exciting times for XRP holders! According to veteran chartist Peter Brandt, $XRP is forming a “highly rare continuation compound fulcrum” on its weekly XRP/USDT chart, signaling a potential 60% surge toward $4.47 in the coming months. Here’s why the XRP community is buzzing:
🔑 Key Takeaways:
• Bullish Technical Setup: Brandt’s analysis points to a complex base formation, built from multiple smaller patterns like failed breakdowns and wedges. This setup often shakes out weak hands while stronger players accumulate, paving the way for a strong upward move. 🚪
• Strongest Weekly Gain Since November: XRP surged 25% in the week ending July 13, 2025, riding the wave of broader crypto market strength. 📅
• Whale Confidence Soars: Record-high wallets holding 1M+ XRP show growing institutional and large-holder confidence. 🐳
• Altcoin Season Potential: Onchain data from Santiment suggests that as long as Bitcoin holds above $110K, traders may rotate profits into altcoins like XRP, boosting its rally potential. 🔄
• Onchain Sentiment: According to Glassnode’s NUPL metric, XRP has transitioned into the “belief–denial” phase, a zone that historically signals room for more upside without the euphoria that precedes sharp corrections. 📊
⚠️ Risk to Watch: A break below the $1.80 support could invalidate this bullish setup, so stay vigilant!
📅 Why Now?
XRP’s recent performance aligns with broader market optimism and growing institutional interest. Unlike past cycles (2020–2021) where XRP hit the “euphoria–greed” zone before correcting, the current rally appears healthier, with no signs of panic selling per Glassnode data. This suggests XRP is building a stronger base for sustainable growth.
💡 Final Thoughts: While Brandt’s $4.47 target is exciting, always conduct your own research (DYOR) before making any investment decisions. The crypto market is volatile, and every move carries risk.