Ripple (XRP) Price Predicted to Fall to $1.07, Here’s Peter Brandt’s Analysis!

Jakarta, Pintu News—The cryptocurrency market is always full of predictions and analyses from various experts. Recently, Peter Brandt, a veteran trader, predicted that the price of Ripple (XRP) will soon experience a sharp decline to the $1.07 level. This prediction is based on chart patterns that often indicate a trend reversal.

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Peter Brandt’s Prediction for Ripple (XRP)

Peter Brandt, known for his sharp analysis of the financial markets, recently revealed in a post on X that Ripple (XRP) may be facing a significant price drop.

According to Brandt, Ripple (XRP) shows signs of trend reversal after a 5% rise in the last month. He emphasized that the head and shoulders (H&S) pattern formed on the Ripple (XRP) price chart strongly indicates a decline.

Brandt explained that if the price of Ripple (XRP) rises above $3,000, it could trigger a correction, while a drop below $1,900 would exacerbate the price decline. Currently, Ripple (XRP) is trading at $2.30, and according to Brandt, this suggests that the price is stabilizing. However, he warns that the H&S pattern formed indicates a potential drop to $1.07.

Also read: These 3 Crypto are Predicted to Beat the Rise of Bitcoin (BTC)!

Strong Ripple (XRP) Fundamentals

Although price predictions show a gloomy picture, Ripple (XRP) fundamentals continue to show positive signals. The approval rate for the Ripple (XRP) ETF increased by 83% despite delays from the US Securities and Exchange Commission (SEC).

The SEC has delayed granting approval to several Ripple (XRP) ETF filings from Bitwise, Grayscale, and Coinshares, however Volatility Shares has launched the first Ripple (XRP) futures ETF which adds to the enthusiasm for spot approval. Additionally, the latest batch of updates to the Ripple (XRP) Ledger will position Ripple to compete with Ethereum (ETH) and Solana (SOL).

Ripple (XRP) price increased after the announcement of the Ripple Ledger (XRP), which was supported by a series of positive fundamentals. Ripple’s social media has also seen an increase along with many recent partnerships and acquisitions.

Also read: 3 Crypto that Whales Bought This Week, Potential to Double?

Market Reaction and Future Outlook

Despite Peter Brandt’s unfavorable price predictions, the market may still react mixed to this news. Investors and market watchers will closely monitor any changes in technical and fundamental indicators to make informed investment decisions.

The SEC’s upcoming decision on the Ripple (XRP) ETF will also have a huge impact on price movements. The cryptocurrency market is known for its volatility, and price predictions like Brandt’s often spark intense discussions among the community.

Nonetheless, Ripple’s strong fundamentals and constant innovation offer some reason for optimism, despite the potential short-term price fall.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Crypto Times. Veteran Trader Peter Brandt Warns XRP May Fall to $1.07 Soon. Accessed on May 27, 2025
• CoinGape. Veteran Trader Predicts XRP Price Could Crash to $1.07 Next. Accessed on May 27, 2025
• Featured Image: Crypto Times