Peter Brandt Forecasts Monero Growth Analogous to Silver

Renowned trader Peter Brandt forecasts the start of a powerful price rally for Monero, comparing the current chart structure with silver's historical rally.

Market Analysis

Peter Brandt compared XMR cryptocurrency's monthly chart with the price movement of silver futures (SI_F) before its surge to $125. This similar technical configuration suggests a potential uptrend formation for the digital currency.

About the Specialist

Peter Brandt is an American professional trader with over fifty years of experience in financial markets. He is a classic chartist and author of Diary of a Professional Commodity Trader. The founder of Factor LLC is known for high long-term profitability in futures trading.