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Peter Brandt Considers Major Investment in Ripple or Solana
Renowned cryptocurrency trader Peter Brandt has revealed plans to invest $100,000 in one of two major digital assets: Ripple (XRP) or Solana (SOL). The veteran analyst, respected for his market insights, stated that this significant purchase could occur as soon as this week. To make the final decision, Brandt turned to the crypto community, engaging traders and enthusiasts by asking for their opinions on whether to select XRP or SOL.
Why XRP and SOL Are the Only Contenders
Brandt made it clear that his shortlist includes only these two popular cryptocurrencies—no other altcoins are being considered. This news is notable as Brandt has previously expressed skepticism regarding Ripple. However, his latest technical analysis charts show a shift in perspective, highlighting a massive symmetrical triangle pattern that has developed for XRP. According to Brandt, Ripple’s price broke above this triangle’s upper trendline in late 2024, signaling a bullish outlook and the potential for upward momentum.
Solana’s ‘Cup and Handle’ Pattern Signals Bullish Potential
On the Solana side, Brandt identified a classic "cup and handle" formation in the price chart. He described the pattern’s cup as forming from late 2021 to mid-2024, with the handle beginning late 2024 and extending into the present. Based on this technical setup, Brandt projects an ambitious Solana price target ranging from $518 to $707—a range that has ignited further debate in the crypto market.
Community Reaction Fuels Ripple vs Solana Competition
Following Brandt’s analyses, devoted supporters of both XRP and SOL quickly responded, sharing charts and compelling arguments to sway his decision toward their favored token. The excitement is heightened by the fact that Ripple currently holds the #4 spot by market capitalization, while Solana ranks #6 among cryptocurrencies. This close rivalry has put Brandt’s investment decision in the spotlight, capturing the attention of crypto traders and investors worldwide.
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