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Breaking News: OG Bitcoin Whales Dumping Assets: Chart Reveals Significant Sell-Off Activity
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Breaking News: OG Bitcoin Whales Dumping Assets: Chart Reveals Significant Sell-Off Activity

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

Christian Encila
Christian Encila
Last Updated: June 18, 2025 9:01 pm
3 mins read
XRP

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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.

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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.

XRP is currently trading at $2.14. Chart: TradingView

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.

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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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Christian Encila
Christian Encila

Christian Encila

They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.

Read more

Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).

Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley!

So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).

Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.

Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.

Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.

Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects.

So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

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