- XRP’s current consolidation might be the calm before a major breakout, based on historical triangle patterns.
- Analysts believe the SEC ruling win hasn’t been fully priced into XRP’s value.
- Potential targets range from $8 to $45, with $2.2 being the current price—offering massive upside (if it plays out).
According to a well-known market analyst who goes by “Crypto Beast,” XRP might be on the verge of making a whole lot of folks very rich. Despite XRP dipping from $3.4 and hanging out around $2 lately, he argues the market still hasn’t priced in the token’s legal win against the SEC. And that’s kind of a big deal.
In a recent post, Beast laid out his case: XRP hasn’t hit its cycle top yet. Not even close. He highlighted a long-term chart showing a massive symmetrical triangle forming over the years, similar to past patterns that preceded explosive moves. Sounds familiar? That’s because another analyst, EGRAG, said pretty much the same thing recently—$3.4 is not the ceiling.
History Might Be Repeating Itself
Beast points to two major symmetrical triangle breakouts in XRP’s history. First one kicked off in 2013 after XRP topped out at just $0.06. That triangle took four years to resolve, and when it did? Boom—up it went in 2017. The second triangle began in early 2018 after XRP hit $3.8, and just recently broke out in late 2024, supposedly triggered by Trump’s win. Yep, that happened.
This last breakout hit resistance at $3.4, where XRP has been stuck since. But if 2017 is anything to go by, we might just be in the middle of a long pause before the next big leg up. Back then, XRP stalled at $0.39 for six months before erupting to $3.8. Beast thinks we’re seeing the same playbook play out again—and he’s targeting at least $8. Maybe even $19. No kidding.
Market Still Sleeping on XRP’s SEC Win
One major reason behind Beast’s bullishness is the 2023 ruling that XRP isn’t a security. While the price pumped after that—about 90%—he thinks the full impact hasn’t sunk in yet. According to him, we’re entering a second wave, and that’s where the real money gets made.
In his words: “XRP holders are about to make a lot of money.” He also teased that he’ll signal when it’s time to take profits. (No rush though, not yet.)
And here’s where it gets spicy. While Beast sees $19 as a potential top, EGRAG considers that just the start. His projections go as high as $45. Another community voice, Xena, chimed in saying that even $8 might be underestimating XRP’s full blast potential.
Right now, XRP is trading at $2.2. A move to $8 would be a 263% jump. And to hit $19? You’re looking at 763% from here. Ambitious? Maybe. But if history’s any guide—well, stranger things have happened.
