XRP Poised for Zcash-Style 40x Rally with $8–$10 Targets
Market analyst Mikybull Crypto sees the XRP price poised for a Zcash-style 40x rally after consolidating near $2. A long-term pattern of rounded bottoms, downtrend breakouts and sideways reaccumulation zones, seen in XRP’s 2014–17 surge, appears to be repeating. The current structure mirrors Zcash’s setup before its historic 40x breakout. Key Fibonacci levels and resistance from XRP’s 2018 peak support Mikybull’s $8–$10 price targets, implying a 4–5x gain from present levels. Another analyst, XForceGlobal, projects even higher cycle targets of $15–$30 per XRP, suggesting a potential multi-stage rally. Traders should watch XRP’s support levels and the completion of the reaccumulation zone as signals for entry. If momentum builds, the XRP price could replicate Zcash’s rally, offering significant trading opportunities.
Bullish
The projection of a Zcash-like 40x rally in XRP is inherently bullish for traders. Historical patterns of rounded-bottom formation, downtrend breakout and reaccumulation zones preceded XRP’s 2017 surge and Zcash’s record rally. Key Fibonacci resistance levels around $8–$10 reinforce the feasibility of a 4–5x gain from current prices. Similar bullish signals emerged in past rallies, often triggering substantial capital inflows. If XRP follows this trajectory, short-term traders could benefit from breakouts above reaccumulation highs, while long-term investors may see multi-stage upside towards $15–$30 as momentum builds. Overall, the analysis suggests strong upward potential, boosting market optimism and trading activity.