Renowned market analyst Peter Brandt has shared a bullish outlook for XRP, suggesting its market cap could rise to $502 billion. Brandt's prediction is based on the formation of a weekly "half-mast flag" pattern, which he detailed in his recent market analysis.

XRP Consolidates in Flag Formation
Brandt's analysis highlights that XRP’s market cap reached a peak of $165.74 billion in December 2024, following a sharp rally fueled by renewed interest after Donald Trump’s presidential election victory. XRP soared from $0.50 ($28.13 billion market cap) in early November to $2.90, marking its all-time high.
Since that peak, XRP’s market cap has been consolidating within a triangular flag pattern. This structure, known as a “half-mast flag,” often signals a temporary pause in price action before continuing the prior trend.