RATE Group | Ripple’s XRP Is Bottoming Against Bitcoin: Trading Legend Peter Brandt
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Ripple’s XRP Is Bottoming Against Bitcoin: Trading Legend Peter Brandt

04 Oct Ripple’s XRP Is Bottoming Against Bitcoin: Trading Legend Peter Brandt

Posted at 19:49h in Bitcoin News by

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Contents

  • Brandt’s rare bullish XRP tweet 
  • Surviving all the FUD

In his most recent tweet, veteran chartist Peter Brandt says that Ripple’s XRP is “bottoming” against Bitcoin. The third coin biggest by market cap is sitting at $0.255 (up 3.61 percent over the last 24 hours, according to CoinStats data).         

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Brandt’s rare bullish XRP tweet 

This is a surprising take from someone who claimed that the XRP price could plunge to as low as $0.02 just one month ago. Some Twitter users are still in disbelief, claiming that the Bitcoin maximalist is probably being sarcastic.

Brandt is known as an avid XRP hater. Notably, he had some words of praise for Ripple as a company, but he still believes that it grossly manipulates the token’s price.

Earlier, crypto trader Luke Martin pointed out that XRP was forming a rounded bottom, also…

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