HomeXRP Price AnalysisXRP Set to Explode, Analyst Predicts $8 Surge Soon

XRP Set to Explode, Analyst Predicts $8 Surge Soon

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XRP is once again in the spotlight as prominent market analyst Crypto Beast predicts explosive gains ahead for XRP holders. His confident forecast outlines an imminent breakout that could significantly elevate the token’s market standing.

Crypto Beast argues that XRP is poised for a surge, with a potential breakout target of at least $8. He places special emphasis on XRP’s unique regulatory position, which he believes remains undervalued in the current market conditions.

XRP’s Regulatory Edge Still Overlooked

According to Crypto Beast, the market has yet to fully price in the monumental shift that occurred when the U.S. Securities and Exchange Commission (SEC) ceased classifying XRP as a security. This regulatory clarity, he stresses, gives XRP a significant edge over most other digital assets, many of which still operate under a cloud of uncertainty.

This distinction was secured back in July 2023, following a pivotal court ruling by Judge Analisa Torres, effectively granting XRP its regulatory clarity. Although this initially triggered a price jump from $0.48 to $0.93, the momentum did not last, and prices cooled off shortly afterward.

However, subsequent political and regulatory shifts—particularly the re-election of Donald Trump and the ensuing resignation of SEC Chair Gary Gensler—renewed interest in XRP. These events contributed to a more stable trading range around the $2 mark, a level seen as a new base by many analysts.

Crypto Beast insists that the full impact of these regulatory advantages has yet to be realized. He sees current prices as merely the calm before a steep upward move, driven by broader market recognition of XRP’s unique position.

Technical Indicators Support the Bullish Case

From a technical perspective, Crypto Beast highlights a “bull flag” pattern forming on the XRP chart. This formation consists of a rapid price rally—referred to as the flagpole—followed by a downtrend consolidation phase forming the flag.

In XRP’s case, the initial rally moved the price from $0.40 to a peak of $3.40. Following that, prices retraced to a level between $2 and $3, forming the downward-sloping flag portion. According to the analysis, this setup often precedes another strong upward breakout.

The chart suggests a breakout level around $3.37. Using Fibonacci extension models, Crypto Beast projects a potential price target as high as $10.69. This aligns with his overall view that XRP is preparing for a major move north.

Price Projections and Market Cap Implications

Currently, XRP is hovering around $2.20, following a 2.2% dip in daily trading. Despite this short-term fluctuation, the analyst maintains his long-term prediction of at least a 4x surge from present levels—a minimum target of $8.80.

In a follow-up interview shared in this commentary, Crypto Beast reinforced this outlook. He believes such a rise would push XRP’s market capitalization to over $500 billion, putting it in the same league as major global firms like Oracle, Netflix, and Mastercard.

To illustrate, an investor holding 1,000 XRP, currently valued at roughly $2,200, could see that portfolio balloon to $10,000 if these forecasts materialize. Crypto Beast remains committed to staying transparent, stating he will publicly indicate when he thinks it’s time to exit the trade.

Altcoin Market Momentum Fueling XRP Optimism

This bullish sentiment on XRP forms part of a broader positive outlook on the altcoin market. Crypto Beast also anticipates notable gains across other top digital assets, including a 3x increase for Solana, a 2x boost for Ethereum, and a dramatic 5x surge for SUI.

Furthermore, he has elaborated on potential 40x returns for selected smaller-cap assets, suggesting we may be entering one of the most profitable phases for altcoins in recent years.

Related: Expert Advice: Sell XRP If You’re Confused

In summary, Crypto Beast’s analysis combines XRP’s distinct regulatory advantage with strong technical signals and broader altcoin optimism. All of this contributes to his compelling case that XRP is on the verge of a major leap—and for early holders, the phrase “about to print” may well become a reality.

Quick Summary

XRP is once again in the spotlight as prominent market analyst Crypto Beast predicts explosive gains ahead for XRP holders. His confident forecast outlines an imminent breakout that could significantly elevate the token’s market standing. Crypto Beast argues that XRP is poised for a surge, with a potential breakout target of at least $8.

Source

Information sourced from official Ripple publications, institutional research, regulatory documentation and reputable crypto news outlets.

Author

Ripple Van Winkle is a cryptocurrency analyst and founder of XRP Right Now. He has been active in the crypto space for over 8 years and has generated more than 25 million views across YouTube covering XRP daily.

Editorial Note

Opinions are the author's alone and for informational purposes only. This publication does not provide investment advice.

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