Peter Brandt Highlights Technical Case for XRP

XRP is trading near $1.48, experiencing a 3% decline over the last 24 hours. Chart technician Peter Brandt stated that the asset's long-term monthly charts suggest a potential move to $5.40, though he clarified this is not an active trade call. The market is currently observing whale accumulation of approximately 470 million tokens, valued at about $724 million, alongside volatility linked to the recent Bitget security incident.