XRP Faces Critical Juncture: Peter Brandt Predicts Possible 50% Drop Amid Market Uncertainty
XRP’s Momentum in Question as Analyst Flags Potential Market Correction
Ripple’s native token, XRP, has enjoyed an impressive run in recent months—but its bullish streak may be at risk. Veteran market analyst Peter Brandt has issued a cautionary forecast, warning of a potential steep correction based on classic technical indicators.
In an update shared on April 18 via X (formerly Twitter), Brandt outlined two potential trajectories for XRP’s market capitalization by the end of 2025. His more optimistic scenario sees the token’s cap dropping to $116.67 billion, while a more bearish outcome could bring it down to just over $60 billion. Both predictions fall below XRP’s current valuation of $121 billion.
Head-and-Shoulders Pattern Raises Red Flags
At the heart of Brandt’s warning is the formation of a textbook head-and-shoulders (H&S) pattern—a widely followed technical indicator known for signaling bearish reversals. According to Brandt, a breakdown below the $1.90 level would validate this pattern, potentially setting XRP up for a slide toward $1.07 per token.
“XRP is forming a textbook H&S pattern. So, we are now range-bound,” Brandt commented. “Above 3.000 I would not want to be short. Below 1.9 I would not want to own it.”
The analysis comes at a critical time for XRP, which surged over 300% since late 2024, reaching a high of $3.28. Much of this rally was attributed to a changing U.S. political landscape, particularly the return of Donald Trump to the presidency, and a more favorable regulatory tone under the new administration.
Regulatory Wins and New Products Fuel Optimism
Adding to the bullish case was the Securities and Exchange Commission’s (SEC) decision to drop multiple lawsuits against crypto firms, including Ripple. This move significantly reduced regulatory uncertainty around XRP and spurred investor confidence.
The momentum was further boosted by the launch of Ripple’s stablecoin, RLUSD, and the introduction of exchange-traded funds (ETFs) tied to XRP, signaling growing institutional interest.
Ripple Holds Off on IPO Plans for Now
Despite renewed market enthusiasm, Ripple isn’t rushing into the next big milestone: going public. CEO Brad Garlinghouse addressed speculation during a recent video shared on X, stating clearly that Ripple has no plans to file for an initial public offering in 2025.
“Will we IPO in 2025? I think that’s a definitive no,” Garlinghouse said, citing strong internal financials and a current focus on product innovation and global expansion.
However, he didn’t rule out a public listing entirely. Garlinghouse emphasized that Ripple will continue to evaluate its options depending on market conditions and the evolving regulatory environment.
“You have to ask yourself, okay, how does Ripple benefit from being a public company? And is it a high priority for us?” he added.