Renowned crypto expert Peter Brandt warns that the price of XRP could fall significantly, potentially reaching as low as $1.07 or rise to $3, based on a technical analysis pattern. Brandt’s analysis highlights a head-and-shoulders formation in XRP’s price action, suggesting two potential outcomes: either a bullish breakout for XRP to reach $3 or a bearish decline to $1.07. 2025 saw XRP’s high point at $3.40, but the asset has been on a downward trajectory since then and hasn’t managed to reclaim that mark. Brandt emphasizes that unless XRP decisively breaks through the resistance level of $3, he anticipates a substantial decline – likely reaching as low as $1.07. This would represent a near 50% drop from its current price, potentially erasing nearly $60 billion from the asset’s market cap given XRP’s current value of $121 billion. The potential magnitude of such a decline underscores the serious risk associated with this technical outlook.