Ah, the age-old question: which crypto will be the next big thing? Veteran trader Peter Brandt has the answer, and it involves a XRP rival that might just become the “rock star” of the crypto world. 🎸💰 Plus, he’s predicting silver could hit prices that’ll make your head spin. 🏦💥
Brandt, who’s got 803,900 followers on X (formerly Twitter), claims most cryptos will eventually go to zero. But don’t worry—his pet rock is XLM. 🧱✨ “Every crypto nerd has his/her/its own pet rock or Beanie Baby,” he says. “I believe 95%+ of the 11,000 actively traded coins will become near worthless—your pet rock included.” 🧬
Already 3.7 million coins are dead (source: CoinGecko). Only about 50% of most actively traded cryptos are trading at greater than 10% of their peak value. One coin I think could become a rock star is XLM.”
Looking at Brandt’s chart, he seems to suggest that XLM is gearing up to break out from a massive triangle pattern on the monthly chart. The chart also appears to suggest that Brandt is targeting $1.51 for XLM. 📈💰 Currently trading at $0.452, XLM has a long way to go before it hits that $1.51 target. But hey, in crypto, anything’s possible. 🚀
Moving on to silver (XAG), Brandt says the commodity could reach a staggering price—nearly twice its all-time high set in 1980—if it can break through its current resistance level. 🏛️💸 “This is my long-term silver chart. While not technically a cup and handle, the chart nevertheless could support an advance to $95 per ounce if overhead resistance is hurdled.” 🧠
According to Brandt, Silver needs to reach $100 per ounce just to keep pace with the growth of other assets. “For the record, I am long Silver. I am not a silver hater. The last big call I made on silver was to alert the world that [the] price was topping out at $50 an ounce back in 2011. Wow, in the last 14 years, silver’s been quite a performer. Silver needs to go to $100 an ounce just to catch up with the rest of the world.” 🤯
Silver is valued at $38.42 per ounce at time of writing. A “dream” for some, a “miracle” for others. 💰📈
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2025-07-28 16:02