Peter Brandt Predicts XRP to Drop Another 20%, as Mutuum Finance Emerges as Top Challenger

Veteran trader Peter Brandt has issued a bearish prediction for XRP prices, forecasting a potential 20% plunge if key support levels are broken. This warning comes amid rising altcoin market capitalization, which recently reached $1.19 trillion. Brandt highlights a descending triangle pattern on crypto charts, a classic sign of downtrend persistence drawn from technical analysis classics. As a result, XRP hovers near $2.85 and is vulnerable to sharper drops. Meanwhile, the top crypto challenging Ripple dominance, Mutuum Finance (MUTM), gains traction through its DeFi innovations.