XRP Flashing Powerful Buy Signal, Says Legendary Trader Peter Brandt

XRP Flashing Powerful Buy Signal, Says Legendary Trader Peter Brandt


Veteran trader and Bitcoin enthusiast Peter Brandt is turning bullish on XRP as the asset surges by 63% in one week.

This week, Brandt has seemingly changed his tune on the crypto asset. In a new tweet, the career trader tells his 456,000 followers that XRP is poised to break out against Bitcoin (XRP/BTC).

“This is called a compound fulcrum and can be a quite powerful buy signal. XRP/BTC.”

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Source: Peter Brandt

Brandt’s recent analysis is a bit of a 180 degree pivot from that which he shared with his followers back in March when he essentially called XRP a “scam,” pointing to the asset’s poor performance since Ripple’s run in with the U.S. Securities and Exchange Commission (SEC).

“So, all those who swallowed the XRP rip-off narrative from Ripple Labs hook, line and sinker, how’s your stash

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