Peter Brandt, longtime market analyst and trader, predicts a dark future for XRP at the end of 2025. His prediction range? XRP might end up trading at as high as $2.00 and as low as $1.02. Brandt’s technical analysis centers around a possible head and shoulders pattern. This lesser known technical indicator is pointing to a bearish storm on the horizon, based on over inflated market cap valuations. As useful as technical analysis is, focusing solely on the charts can make you blind to the overall picture. Are we honestly going to allow arbitrary lines on a screen to dictate the future of a promising technology? This innovation could really be a life saver to people!
Technical Analysis Ignores Real World
Brandt's analysis is based on a potential head and shoulders (H&S) pattern forming on XRP's daily timeframe, identifying $2 as a crucial support level and $1.07 as the target if XRP breaks below that support.
It can be hard to sift through the technical jargon buzzwords and remember what started this whole thing, crypto, in the first place. We are not day traders. For most XRP holders, it is not just speculation. More importantly, it represents the promise of a new pathway towards financial inclusion. Providing a lifeline, lower transaction fees and faster settlement times than in the legacy system are a boon. They uplift those who are often marginalized and pushed to the periphery.
Consider remittance corridors, where outrageous costs compound the effects of robbing the money earned abroad by migrant workers sent back home. XRP could greatly reduce those expenses, returning more of each dollar spent to the wallets of families that urgently need every cent. Is that included in Brandt’s head and shoulders pattern? Of course not.
Crypto For The Privileged Few?
The level of wealth concentration found within crypto is shocking. That narrative is what fuels the “crypto for the people” agenda. The truth is that a significant majority of assets are stored in very few wallets. Does Brandt’s forecast, even by accident, help to perpetuate this status quo of power?
I’m like Brandt, so I’m not accusing Brandt of intentionally trying to kill people. We need to be asking ourselves a hard question. Is it right that such forecasts, which often move the market on a dime, penalize those least able to afford it? Usually, when an analyst as respected as Brandt makes such a clear call, the opposite occurs—a sell-off. This often has a disproportionately larger effect on retail investors over institutional whales.
Isn’t that a kicker, that something meant to democratize and decentralize finance is actually getting the most concentrated in the hands of rich people.
Regulation: Friend Or Foe For XRP?
The absence of any clear, coherent regulation across the crypto space cuts both ways. On the one hand, this fosters innovation and experimentation. On the flip side, it paves the way for a toxic atmosphere of misuse and misdirection.
Some argue that regulation stifles innovation. I disagree. Smart regulation will ensure competition on a level playing field, protect consumers from potentially harmful products, and spur innovation and responsible growth. We want regulators to have the authority and the mindset to make sure that crypto works for all of us and not just the wealthy few.
According to blockchain entrepreneur Davinci Jeremie, XRP can still hit $24 this year thanks to expected backing from the government. Whether that broad based support actually materializes is an open question, but it speaks to the immediate and positive benefits regulatory clarity can have.
What if we started looking beyond the doom and gloom? So let’s work together and align behind policies that encourage and reward responsible innovation and protect equitable access to crypto! What if we held industry’s feet to the fire and made them earn our trust through transparency and accountability?
There’s got to be a better way, and it’s high time to move the goalposts from price speculation to real-world climate impact. Let's build a crypto future where financial inclusion isn't just a buzzword, but a reality. Let’s work together to ensure that “crypto for the people” truly implies crypto for all of the people. If we can resist the urge to allow those charts to write the future, so much the better. Let's build it ourselves.
