In his video analysis from June 14, market commentator CryptoInsightUK argued that the $XRP is on the verge of a “parabolic expansion” similar to its performance at the end of 2017, stating that a price of $11 per token is achievable in this cycle, once Bitcoin completes its final impulse leg. The analyst based his argument on a combination of historical fractals, liquidity mapping, and derivatives market data, concluding that “people are underestimating where the $XRP is going in this cycle.”
CryptoInsightUK started the session noting that Bitcoin had just recorded the highest weekly close in its history and that the total market capitalization of crypto assets had set a record: “We had the highest close of all time for total market capitalization as well now, and I’m excited to see this expansion period.” With Bitcoin advancing to a “deep liquidity area” on the daily chart, but still not reaching the next concentration of sell orders, he believes the setup mirrors the breakout of early November 2024, which preceded a 31% increase in six days.
For the $XRP , the key inflection point is a few cents above the psychological mark of $3. On the 15-minute chart, he noted that “XRP is starting to build strong liquidity above us… up to around 3.10,” describing this upper cluster as potential fuel for a decisive advance. Although the token briefly touched $3.03 in intraday trading, repeated attempts stalled just below resistance. The analyst compared this behavior to how XRP lagged behind Bitcoin during the 2024 breakout: the coin “stalls a bit” while Bitcoin surges, then “really catches up,” moving from approximately $0.70 to $2.70 in nineteen days, before extending to $3.30.
He reinforced the thesis with derivatives metrics. During the last XRP rally, a shift from negative to positive contract premium coincided with a sharp increase in open interest. This pattern is repeating: “The premium really turned green… with an increase in open interest and that’s happening again now.” Funding rates remain low, implying that short positions still make up a significant portion of open positions; as price pressure increases, these short positions may be “squeezed down,” providing what he called “really aggressive price action upward… probably soon for XRP.”
In his base case, an explosive move would coincide with Bitcoin reaching approximately $125,000, at which point capital rotation would shift towards XRP and other large-cap altcoins. In longer-term charts, the weekly close on the XRP/BTC pair recovered levels not seen since early March.
