The current market cap of XRP stands at about 138 billion USD. Peter Brandt, with his extensive trading experience, suggests it’s possible for this figure to rise significantly. He predicts that XRP could achieve a market cap of 500 billion USD, though this forecast relies on the completion of a specific technical model.

Brandt emphasizes the need for the technical pattern to break out within a 6-week timeframe. Otherwise, the opportunity could be lost. He also highlights the necessity of monitoring price movements and the market’s momentum. Technical indicators presently point to volatility and the strength of trends affecting XRP’s price.