{"id":24831,"date":"2020-05-07T17:49:37","date_gmt":"2020-05-07T17:49:37","guid":{"rendered":"https:\/\/www.africa-press.com\/nigeria\/?p=24831"},"modified":"2020-05-07T17:49:37","modified_gmt":"2020-05-07T17:49:37","slug":"peter-brandt-xrp-will-tilt-towards-zero-if","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/all-news\/peter-brandt-xrp-will-tilt-towards-zero-if","title":{"rendered":"Peter Brandt: \u2018XRP Will Tilt Towards Zero If\u2019"},"content":{"rendered":"<p>Africa Press-Nigeria:<\/p>\n<p>Veteran cryptocurrency chartist and trader, Peter Brandt, has again forecasted that there is a high chance the price of XRP token tilts toward zero.<\/p>\n<p>The septuagenarian utility trader is prominent for making horrible remarks about XRP. In February, the veteran trader observed that a \u201chead and shoulders\u201d shape had been observed on the XRP chart, which could translate into 8% fall.<\/p>\n<p>The trader, who is specialized in both traditional and crypto-assets, noted the pattern for XRP\/USD then, had the potential to send prices lower.<\/p>\n<p>He concluded that the price of the digital asset could go to $0.20. That February, XRP touched $0.35 before falling to $0.27.<\/p>\n<p>\u201cIt will be interesting to see if this H&amp;S top plays out. If so, the target would be 2071,\u201d he said.<\/p>\n<p>This time around, Peter Brandt, who fondly refers to himself as a fan of simplicity in a chart, observed that some bag holders who need to dump around $40 billion XRP token are supporting \u201cXRPBTC at .000023 to .000024 as a desperate last stand.\u201d<\/p>\n<p>Peter concluded that some XRP holders have been in an aggressive condition since Oct 2019.<\/p>\n<p>According to him, any attempt by this bag holders to back out, XRP will decline to $0.000011, a ridiculous price outrightly condemned by some XRP enthusiasts as some said the price is impossible this time owing to the bullish effect surrounding the crypto market.<\/p>\n<p>\u201cIf the bag holders back away, look for [sic] decline to $.00001.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa Press-Nigeria: Veteran cryptocurrency chartist and trader, Peter Brandt, has again forecasted that there is a high chance the price of XRP token tilts toward zero. The septuagenarian utility trader is prominent for making horrible remarks about XRP. In February, the veteran trader observed that a \u201chead and shoulders\u201d shape had been observed on the [&hellip;]<\/p>\n","protected":false},"author":62,"featured_media":24836,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,30],"tags":[246],"class_list":["post-24831","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-community","tag-community"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Peter Brandt: \u2018XRP Will Tilt Towards Zero If\u2019 - Nigeria<\/title>\n<meta name=\"description\" content=\"Africa Press-Nigeria:Veteran cryptocurrency chartist and trader, Peter Brandt, has again forecasted that there is a high chance the price of XRP token tilts\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/all-news\/peter-brandt-xrp-will-tilt-towards-zero-if\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Peter Brandt: \u2018XRP Will Tilt Towards Zero If\u2019\" \/>\n<meta property=\"og:description\" content=\"Africa Press-Nigeria:Veteran cryptocurrency chartist and trader, Peter Brandt, has again forecasted that there is a high chance the price of XRP token tilts\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/all-news\/peter-brandt-xrp-will-tilt-towards-zero-if\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-07T17:49:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2020\/05\/XRP.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"440\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"alico\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"alico\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/peter-brandt-xrp-will-tilt-towards-zero-if#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/peter-brandt-xrp-will-tilt-towards-zero-if\"},\"author\":{\"name\":\"alico\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/50afd2ef4f0e900bd0a176404a8484a7\"},\"headline\":\"Peter Brandt: \u2018XRP Will Tilt Towards Zero If\u2019\",\"datePublished\":\"2020-05-07T17:49:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/peter-brandt-xrp-will-tilt-towards-zero-if\"},\"wordCount\":244,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/peter-brandt-xrp-will-tilt-towards-zero-if#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2020\/05\/XRP.jpg\",\"keywords\":[\"Community\"],\"articleSection\":[\"all news\",\"Community\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/all-news\/peter-brandt-xrp-will-tilt-towards-zero-if#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/peter-brandt-xrp-will-tilt-towards-zero-if\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/peter-brandt-xrp-will-tilt-towards-zero-if\",\"name\":\"Peter Brandt: \u2018XRP Will Tilt Towards Zero If\u2019 - 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