"Ripple Could Surpass $500 Billion Market Cap Considering Weekly Chart"

Son Min

Summary

Trader Peter Brandt stated that Ripple's market capitalization could surpass $500 billion as it shows a half-mast flag pattern on the weekly chart.
He warned that if the pattern is not completed within six weeks, this analysis will not be valid.
Investors need to carefully watch the completion of the pattern.

There is a claim that Ripple's market capitalization could surpass $500 billion.

On the 6th (local time), virtual asset trader Peter Brandt stated on X, "A half-mast flag pattern is appearing on Ripple's market cap weekly chart," and "Ripple's market cap could surpass $500 billion."

However, he added, "If the pattern is not completed within six weeks, this analysis will not be valid."

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