Peter Brandt’s New XRP Price Prediction Suggests Unbelievable ATH, SHIB Loses 13% in 24 Hours, ‘Rich Dad Poor Dad’ Predicts Bitcoin May ‘Crash’ to $60K: Crypto News Digest by U.Today

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As a seasoned crypto investor with a decade of experience under my belt, I’ve seen markets ebb and flow like the tides. The recent surge in XRP has caught my attention, but I remain cautiously optimistic about Peter Brandt’s prediction of an all-time high at $24. While it’s exciting to dream big, the market cap required for such a move seems unrealistic, even for a coin with Ripple’s backing. However, stranger things have happened in crypto, so who knows?

U.Today has prepared the top three news stories over the past day.

Peter Brandt’s new XRP price prediction suggests unbelievable all-time high

From the very start of the week, XRP has been actively stealing the spotlight from Bitcoin with its remarkable achievements; the price of the Ripple-affiliated token surpassed the $2.50 mark, and its market cap is now standing at an astonishing $156.63 billion. This surge has positioned XRP as a top three digital asset, trailing only Bitcoin and Ethereum and raking ahead of Solana and USDT. Many market participants were caught off guard by this development and are now considering various predictions for XRP’s future price movements. Amid this whirlpool of brawling enthusiasm, renowned trader Peter Brandt, who had previously been skeptical about XRP, has recently published a bullish price outlook. He shared a price chart for XRP, highlighting its recent breakout above the dynamic resistance at $0.92. Looking at Brandt’s chart, we can assume that the trader expects that this breakout could result in XRP’s price rising as high as $24 per token. However, this projection raises questions about the feasibility of XRP to do so, as its market cap would need to reach nearly $1.37 trillion.

Shiba Inu (SHIB) loses 13% in 24 hours: What’s happening?

On Sunday, Shiba Inu saw a significant drop of 13%, after initially surging to reach $0.000033. The coin then fell back to $0.000029, the current trading price. It’s unclear whether this surge was sustainable or caused by overbought conditions. Nevertheless, 73% of SHIB holders are still in profit, showing continued investor confidence backed by high on-chain activity. Large holders appear to have played a significant role in the recent rally and subsequent sell-off, with large transaction volumes reported recently. The $0.000027 level is crucial as potential support. If SHIB can maintain this level, there might be renewed interest from both institutional and retail investors, potentially signaling an upcoming bullish trend. To maintain its upward momentum, Shiba Inu must surpass resistance at $0.000033 and $0.000036.

“Rich Dad Poor Dad” predicts Bitcoin may “crash” to $60K

Robert Kiyosaki, the author of the popular personal finance book “Rich Dad Poor Dad,” has recently posted on social media, warning his followers about the potential drop in Bitcoin’s price to around $60,000. In his post, he mentioned that Bitcoin has been close to the desired $100,000 level but is not worried about the possibility of a substantial correction. Kiyosaki stated that if such an event occurs, he will not sell but instead buy more, viewing it as a sale on Bitcoin. At the time of writing, Bitcoin is being traded at approximately $94,121, marking a 1.76% decrease over the last 24 hours according to CoinMarketCap. Moreover, Kiyosaki has shown interest in acquiring more Bitcoin, stating that the amount he owns is crucial rather than its current value, given his prediction that it could rise to $500,000 by 2025.

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2024-12-03 17:57