XRP: Will It Soar or Just…Wobble?

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Ah, yes. Peter Brandt, a man whose pronouncements on commodities are treated with the reverence usually reserved for icons and pickled herring, has deigned to suggest that XRP might, perchance, “do quite well.” 🧐 One can only imagine the frantic scribbling of investors, though I suspect most are already distracted by the latest pronouncements from fortune tellers and caffeinated squirrels.

He didn’t explicitly name the wretched token, mind you. No, that would be too direct! Instead, he left it to the “sleuths” – those tireless detectives of the digital age – to deduce his meaning. One can practically see them, magnifying glasses in hand, muttering about chart patterns and the mysteries of cryptographic algorithms. Honestly, the drama! 🙄

I see the XRP chart there Peter 👀

– Tony Edward (Thinking Crypto Podcast) (@ThinkingCrypto1) November 27, 2025

Currently, this XRP, this digital phantom, is trading at a modest $2.20. A sum that could buy you a surprisingly small loaf of bread, or perhaps a single, slightly wilted lettuce leaf. The world is a strange place, isn’t it? 🥬

No Inflated Expectations (Sadly)

And what of this supposed ETF-fueled rally? A whisper of hope, quickly extinguished. It seems even the promise of financial instruments couldn’t rouse XRP from its… languor. Canary Capital, bless their optimistic souls, launched a few things, but the price? Oh, the price remained stubbornly unimpressed. The broader market, you see, is a fickle beast, and it clearly hasn’t taken a shine to our XRP. 🤷

The Bulls…Might Return? Perhaps?

Now, whispers abound that the bulls-those energetic chaps who believe prices only go up-might regain control. Bitcoin, that granddaddy of all crypto, has briefly remembered its past glory at $91,000, and in its fleeting exuberance, has given other tokens, including the aforementioned XRP, a tiny nudge. It’s akin to a generous uncle tossing a few kopeks to a beggar.

Brandt’s chart, a complex tapestry of lines and angles that would likely baffle even Euclid, reveals a “symmetrical triangle” formed over years. A triangle! One can only assume it’s a very stable triangle, perhaps filled with philosophical pronouncements and miniature bottles of vodka. A bullish breakout, apparently, has occurred. Though whether it will actually break out or merely stumble slightly is anyone’s guess. 🍷

The price is now “consolidating” – a polite way of saying “doing nothing much” – close to its highs. A “bull flag,” they call it. Sounds promising, doesn’t it? Like a parade of triumphant bovines. One can almost hear the trumpets… or is that just indigestion? 🎺

But let us not forget: XRP remains nearly 40% down from its all-time high of July 18th. A sobering thought, isn’t it? A reminder that fortunes can be made and lost with bewildering speed. A cautionary tale for us all. And a reason to perhaps invest in something a little more… concrete. Like turnips. 🥔

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2025-11-27 09:57