XRP at risk? Veteran analyst Peter Brandt warns of major correction for Ripple’s token

Veteran analyst Peter Brandt has warned of a potential 50% decline in XRP’s value. He highlights a bearish head-and-shoulders pattern that may indicate an impending trend reversal. If this trend takes shape, XRP could see its market cap fall significantly.

Ripple CEO Brad Garlinghouse reiterated that the company will not pursue an IPO in 2025, opting instead to focus on financial stability and product development.

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