The XRP price has been stuck in the $2.00 to $2.30 range for the past few weeks, with no clear breakout in either direction. With a huge community behind it, many are starting to wonder if XRP already topped back in January when it briefly crossed the $3.00 mark in this cycle. But not everyone agrees. Popular analyst Crypto Beast believes the rally is far from over – and he has the chart to back it up.
According to his latest analysis, XRP just completed a massive multi-year breakout from a symmetrical triangle that’s eerily similar to the one that formed before the explosive 2017 rally. Back then, XRP consolidated quietly for years before skyrocketing thousands of percent. This time, the consolidation lasted even longer- over six years – and the breakout only happened recently.
Crypto Beast says that XRP hasn’t even come close to its final cycle peak. In fact, he believes $8 is just a conservative target. His reasoning is rooted in both technical patterns and major developments on the fundamental side. For starters, the SEC officially ruled that XRP is not a security, and yet the market hasn’t fully reacted to that news. That kind of regulatory clarity usually brings serious money into the space. But so far, XRP has mostly stayed under the radar.
The chart he shared follows a classic Elliott Wave structure. After the initial breakout rally that pushed XRP above $3.00 earlier this year, he expects a brief pullback (which we may be seeing now) before the next big leg up. The wave count suggests that XRP could push toward $8–$12 in Wave 3, cool off again, and eventually complete the cycle somewhere between $18 and $24.
That said, reaching $8 from current levels would still require a major push. At a price of around $2.15 today, XRP would need to nearly 4x to reach Crypto Beast’s minimum target. That’s not impossible, but it does mean the market would need to enter a much more aggressive phase of buying. It would require a rally as strong – if not stronger – than the one we saw in late 2024, when XRP exploded from $0.50 to over $3 in just a matter of weeks.
That move was driven by a wave of optimism around the SEC ruling and renewed investor interest, but repeating something of that scale would likely need either a major crypto-wide bull market or another catalyst specific to XRP.
So while the $8 target might sound bold at first, it’s not out of reach if XRP can recreate that kind of momentum. But it won’t happen on its own. Traders and investors will be watching closely to see if the next breakout can match the energy of the last one.
For long-term holders who have waited through years of legal uncertainty and price stagnation, this could finally be the moment they’ve been hoping for. Even though nothing is guaranteed, Crypto Beast’s analysis gives reasons to believe the real XRP bull run hasn’t even started yet.
He ends his post with a confident statement: “When it’s time to sell, I will announce it publicly.” That tells you everything you need to know about his conviction right now.
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