Why Peter Brandt is Convinced XRP Will Tank Another 20% and The Top Crypto Challenging Ripple Dominance

Veteran trader Peter Brandt has issued a stark warning on XRP prices, predicting a potential 20% plunge if key support levels ￰2￱ bearish call emerges amid rising altcoin market capitalization, which recently touched $1.19 ￰3￱ spots a descending triangle pattern on crypto charts, a classic sign of downtrend persistence drawn from technical analysis classics. Consequently, XRP hovers near $2.85, vulnerable to sharper drops. Meanwhile, the top crypto challenging Ripple dominance, Mutuum Finance (MUTM) , gains traction through its DeFi ￰4￱ eye this shift as crypto prices fluctuate wildly. Furthermore, negative sentiment data underscores risks for XRP, while MUTM’s presale surges forward.

Brandt’s Bearish Stance on XRP Intensifies Peter Brandt has scrutinized XRP’s price structure ￰5￱ highlights a developing descending triangle on the ￰6￱ pattern often foreshadows continued declines in crypto ￰7￱ cautions that a close below $2.68743 could trigger a slide to $2.22163. Such a move would erase over 20% from current levels around $2.85. Moreover, broader market signals align with this crypto crash ￰8￱ data reveals negative sentiment toward XRP at its highest in six months. Yet, contrarian views suggest rebounds follow such lows historically.

Still, Google Trends shows search interest for XRP dipping to a three-month nadir below 25 ￰9￱ addition, mid-level holders have begun offloading ￰10￱ with 1 million to 10 million XRP accumulated supply from 6% last October to 10.76% in September. Now, that share slips back to 10%. This distribution hints at profit-taking or waning confidence. Consequently, selling pressure mounts on XRP amid volatile crypto prices.

Furthermore, these factors amplify Brandt’s crypto predictions of downside. Mid-tier investors control substantial circulating ￰11￱ actions sway trends ￰12￱ crypto prices today reflect broader unease, XRP faces heightened ￰13￱ ponder if this crypto crash today marks a turning point or deeper ￰14￱ Finance Gains Ground in DeFi Space Mutuum Finance (MUTM) has positioned itself as a formidable challenger to Ripple’s ￰15￱ project builds a decentralized lending and borrowing protocol on ￰16￱ earn yields on idle assets or borrow against holdings without losing ￰17￱ utility drives demand in the crypto ￰18￱ 6 of the presale is underway now, filling at 60% capacity out of 11 ￰19￱ have raised $17,050,000 since the ￰20￱ MUTM holders stand at 16,830.

The current price sits at $0.035, a 250% rise from phase one’s $0.01. Moreover, phase 6 sells out ￰21￱ window to acquire tokens this affordably closes ￰22￱ 7 follows with a 14.3% hike to $0.04. At launch, MUTM reaches $0.06, offering current buyers a 414% return. Furthermore, Mutuum Finance has announced its lending and borrowing protocol ￰23￱ 1 deploys to Sepolia Testnet in Q4 ￰24￱ features include liquidity pools, mtTokens, debt tokens, and liquidator ￰25￱ assets cover ETH and USDT for lending, borrowing, and ￰26￱ Surge Highlights Investment Appeal The team has finalized its Certik audit successfully.

Mutuum’s token scan earned a 90/100 score, signaling robust security. Additionally, Mutuum Finance launched a Bug Bounty Program with ￰27￱ allocates $50,000 USDT for rewards across four tiers: critical, major, minor, and ￰28￱ vulnerability level earns ￰29￱ parallel, the MUTM team introduced a dashboard featuring a leaderboard for the top 50 ￰30￱ leaders receive bonus tokens as rewards for maintaining positions. Moreover, excitement builds around the latest ￰31￱ Finance offers $100,000 in MUTM prizes, divided among 10 winners at $10,000 ￰32￱ submit wallet addresses, complete quests, and invest at least $50 in the presale to ￰33￱ crypto investment draws eyes for its practical use ￰34￱ deposit assets like USDC and earn mtTokens that accrue ￰35￱ post overcollateralized holdings to access funds ￰36￱ adjust via utilization, keeping liquidity ￰37￱ supply abounds, rates stay low to spur ￰38￱ prompts hikes, drawing ￰39￱ Safeguards Bolster Confidence Mutuum employs deposit and borrow caps to curb ￰40￱ limits prevent excessive exposure to illiquid ￰41￱ ensures positions withstand price ￰42￱ triggers activate if collateral dips below thresholds, with bonuses incentivizing swift resolutions.

Furthermore, loan-to-value ratios cap borrowings at safe levels, like 75% for stable ￰43￱ factors collect interest slices for protocol ￰44￱ oracles provide timely price feeds, backed by fallbacks for ￰45￱ mechanics foster secure crypto ￰46￱ volatility grips the market, Mutuum’s design promotes ￰47￱ collateral efficiency links correlated assets for better ￰48￱ rate options offer predictability, though at ￰49￱ maintains fairness during ￰50￱ XRP Risks Against MUTM Opportunities Brandt’s conviction on XRP’s 20% tank underscores crypto crash vulnerabilities. Yet, Mutuum Finance (MUTM) emerges as the top crypto challenging Ripple dominance through tangible DeFi ￰51￱ navigate these crypto predictions by favoring utility-driven ￰52￱ joining the MUTM presale today to secure your stake in this evolving ￰53￱ more information about Mutuum Finance (MUTM) visit the links below: Website: ￰0￱ ￰1￱ Disclaimer: This is a sponsored press release for informational purposes ￰54￱ does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial ￰55￱ Tabloid is not responsible for any financial losses.