TimesTabloid
2025-11-09 07:02:45

Economist: XRP to Follow ZEC: $8-$10 Conservative Price Targets

Market analyst Mikybull recently shared a technical outlook suggesting that XRP may be positioned for a substantial upward movement, similar to the recent performance of Zcash (ZEC). His commentary was accompanied by a set of monthly charts comparing past consolidation patterns and breakout structures. The argument was framed around recurring long-term formations and measured expansion phases that previously led to significant price appreciation. One of the crypto assets that will follow $ZEC is $XRP $8-$10 conservative price targets pic.twitter.com/eMy4a46H32 — Mikybull Crypto (@MikybullCrypto) November 7, 2025 Technical structure and projected targets The chart presented by Mikybull focuses on multi-year trend behavior. It highlights extended accumulation zones below descending resistance levels, followed by sharp upside breaks. The most recent price action is shown as a defined horizontal range just above prior resistance, which the analyst interprets as another consolidation period preparing for continuation. This pattern resembles earlier cycles displayed in the chart, in which sustained compression preceded large directional moves. Based on prior breakout magnitudes and structural similarities, Mikybull outlined $8 to $10 as a conservative valuation range for XRP if the current consolidation resolves decisively to the upside. The emphasis is placed on the monthly timeframe, suggesting that any potential breakout would likely unfold gradually rather than as a short-term spike. His thesis relies on the continuation of the historical breakout behavior visible on the chart, rather than changes in external catalysts. Comparison with ZEC’s current market movement Part of Mikybull’s assertion references the recent ZEC’s performance. Based on figures, ZEC is up approximately 16% over the past 24 hours and has gained roughly 60% over the past week, according to major market trackers. This rise has renewed attention toward assets that have previously shown extended periods of subdued movement before breaking upward. The comparison is therefore not based on utility or function, but on structural price formation and the historical tendency for long-range consolidations to resolve in upward price discovery phases. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Community reactions and differing viewpoints Reactions to the chart and price targets varied across the comment section. One participant opined that XRP lacks meaningful value and compared it unfavorably to other tokens, citing alternative projects as better positioned. Another commenter pointed to regulatory clarity as a factor that could support stronger institutional engagement. A third response expressed dissatisfaction with what was described as prolonged expectations and limited follow-through, contrasting the current sentiment surrounding XRP with the momentum seen in ZEC. The range of responses reflects the ongoing divide between those who rely primarily on technical analysis and those who evaluate tokens on fundamentals or perceived market execution. Mikybull’s projection is conditional upon XRP breaking above its current range and sustaining higher price levels. While the technical comparison to ZEC offers a clear chart-based rationale, realization of the stated targets depends on market continuation, liquidity behavior, and broader conditions in the digital asset sector. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Economist: XRP to Follow ZEC: $8-$10 Conservative Price Targets appeared first on Times Tabloid .

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