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NewsBTC 2025-06-18 21:00:52

$8 XRP Breakout Brewing — SEC No Longer A Roadblock, Bullish Analyst Says

$8 XRP Breakout Brewing — SEC No Longer A Roadblock, Bullish Analyst Says

Interest is building among XRP investors after Crypto Beast, a well‑known analyst, put forward a bold forecast. He sees a minimum breakout level of $8 on the horizon. With the US Securities and Exchange Commission no longer posing a roadblock, Crypto Beast believes XRP has a clear path ahead. Related Reading: Record‑High Ethereum Open Interest Signals Institutional Confidence His view rests on the idea that the market still hasn’t fully priced in XRP’s cleared status with regulators. Short‑term traders and long‑term holders alike are tuning in. Regulatory Milestone And Market Reaction According to court records, XRP won a key victory in July 2023 when Judge Analisa Torres ruled that it’s not a security under US law. That moment sent XRP from about $0.48 to $0.93 very fast. But prices slipped back over the next few weeks, bringing it down to the $0.50 area again. Then, after US President Donald Trump won re‑election and signaled a shake‑up at the SEC, XRP marched into a new range around $2.00. Despite that climb, Crypto Beast argues the legal win hasn’t been fully valued by the wider market. XRP is about to explode. I’m eyeing at least $8, and the market still hasn’t caught up to the fact that the SEC doesn’t consider it a security.$XRP holders are about to PRINT. I’ll drop the signal to exit right here when the moment is right. You’ll regret not following. pic.twitter.com/oiE8INoy7F — Crypto Beast (@cryptobeastreal) June 16, 2025 Technical Pattern Points To Upside Crypto Beast pointed to a bull flag chart pattern that starts with a rally from $0.40 up to $3.40. A flag pattern formed when XRP pulled back into the $2.00–$3.00 zone. He marked the breakout level at $3.37. By measuring the height of that $3.00 pole and adding it to the low of the flag, he arrived at a target near $10.69. In another post, he set a more conservative floor of $8.80, a roughly 4x gain from today’s price around $2.20. That kind of move would push XRP’s market cap above $500 billion, putting it in league with big firms like Oracle, Netflix and Mastercard. Broader Crypto Trends And Correlation Based on reports from his channel, Crypto Beast isn’t just upbeat on XRP price about to “explode”. He’s looking for a 3x rise in Solana, a 2x pop in Ethereum and a 5x run in SUI. Even more, he’s penciled in potential 40x gains for select smaller tokens. Still, these forecasts rest on a growing crypto mood—mostly led by Bitcoin. When BTC stalls or dips, large altcoins often follow suit. So any rally in XRP may need fresh money flowing into the whole market. Related Reading: Tether Enforces Freeze On $12 Million In Tron Funds Over Illicit Activity Risks And Exit Strategy Crypto Beast says he’ll flag when it’s time to sell. He reminded followers that patterns do fail and charts alone can’t guarantee gains. A sudden market shift or a change in macro sentiment could spoil the setup. He advises setting stop‑loss levels and watching BTC for hints. His trust in XRP’s future is strong, but he wants traders to be ready for any twist. Featured image from Pexels, chart from TradingView

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