XRP and BCH Price Prediction by Veteran Trader Peter Brandt
Highlights
- Veteran trader Peter Brandt bullish on XRP and Bitcoin Cash (BCH) despite bear market.
- He hints at an upcoming rally in his XRP price prediction.
- BCH price could continue uptrend in the coming months.
Amid the bear market sentiment within the crypto community, veteran trader Peter Brandt has some good news for the XRP and Bitcoin Cash (BCH) communities. He shared bullish price predictions for XRP and BCH, claiming a rally in the coming months.
XRP Price Prediction by Peter Brandt
In an X post on November 27, legendary trader Peter Brandt recommends two crypto assets that could still perform better in the coming months. This comes following experts’ claims about the start of a bear market.
“Hey crypto traders, do not despair. There are two coins that I think could do quite well in the months to come,” he said. One was identified as a monthly chart of XRP. The crypto market participants also think the chart belongs to XRP. The third-largest crypto asset has remained in a downtrend since July.
As CoinGape shared in an earlier prediction, XRP price successfully rebounded from the Fibonacci golden zone by almost 20% in a week. Traders now await a breakout, but Peter Brandt looks certain about a breakout for a rally in the coming months.
XRP price is currently trading at $2.21, up nearly 2% in the last 24 hours. The intraday low and high are $2.15 and $2.25, respectively. Trading volume has decreased by 13% over the past 24 hours, indicating a decline in interest among traders.
Analysts expect XRP price to head toward the $2.60 level following a rebound from the bottom of the channel amid several XRP ETF launches.
Bitcoin Cash (BCH) Price Outlook
Peter Brandt also shared a weekly chart of Bitcoin Cash, believing the crypto asset could perform better in the coming months. Notably, BCH price has rebounded by almost 15% in a week, one of the strongest uptrends among other crypto assets.
BCH price jumped more than 2% in the past 24 hours, currently trading at $539.25. The 24-hour low and high are $527.98 and $547.83, respectively. Furthermore, the trading volume has increased by 58% over the last 24 hours, indicating a rise in interest after Peter Brandt’s BCH price prediction.
Notably, veteran trader Peter Brandt also shared a dire warning about a major Bitcoin price crash below $60K during the bull market. It will be interesting to witness whether BCH and XRP price predictions come true as he challenges the bear market.
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