Peter Brandt, a seasoned trader and technical analyst, has made a significant prediction regarding XRP, Ripple's native token.
On November 18, 2024, Brandt noted that a recent surge in XRP's price allowed it to surpass its 2023 high, bringing the token closer to its all-time high set in 2021.
Brandt's analysis suggests that if XRP manages to exceed its 2021 high, it could potentially experience a considerable price explosion, attracting more attention within the cryptocurrency market.
This prediction has generated excitement among investors and traders who are closely monitoring XRP's performance in hopes of capitalizing on potential gains.