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Reading: Sharp moves in ZEC and XRP as crypto markets brace for more drops
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COINTURK NEWS > Cryptocurrency News > Sharp moves in ZEC and XRP as crypto markets brace for more drops
Cryptocurrency NewsRipple (XRP)

Sharp moves in ZEC and XRP as crypto markets brace for more drops

In Brief

  • 🚀 ZEC soared 38 percent in a stunning weekly comeback.

  • XRP fires a new buy signal with a possible run to $1.80.

  • Critical data: The $BTC bear market may not be over as volumes stay weak.

Fatih Uçar
Fatih Uçar 2 hours ago
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Cryptocurrency markets remain in the spotlight, with tensions over Iran yet to be resolved and the upcoming Lebanon negotiations set for May 14–15 in the United States. Despite recent strikes on Iran, a fragile ceasefire continues. Amid this environment, the predictions of a prominent crypto analyst, often called the “crypto oracle,” remain a focal point, especially as he has successfully forecasted last year’s downturn and provided accurate targets for the current year.

Contents
Predictions from the crypto oracleZEC and XRP break out

Predictions from the crypto oracle

Roman Trading previously warned that major downturns would hit cryptocurrencies from the second half of 2025. His projections for both altcoins and BTC came true in the last quarter, with volumes staying weak during rallies fueling his bearish outlook. Repeatedly calling out fake surges, Roman Trading’s accurate predictions have made him a notable voice in the industry.

The analyst who flagged BTC dropping below $60,000 has been proven right this year, though the price has yet to reach as low as $50,000. In his latest assessment, he described the most recent price uptick as a necessary move to maintain a healthy bear market cycle, suggesting that further declines are on the horizon.

“We are approaching the point where heavy trading volume is truly needed for our macro-level downward trend to continue. This surge has been part of a bearish price pattern and provided the much-needed market correction for the ongoing bear phase. The end of May, or perhaps even sooner, may be decisive.”

According to this outlook, trading volumes should grow further even as prices fall in the coming days.

ZEC and XRP break out

Zcash (ZEC) jumped 38 percent this week, staging a sharp rebound after plunging due to project team issues and spreading FUD (fear, uncertainty, doubt). Now, ZEC is aiming for new highs. Analyst Ali Martinez, sharing a recent chart, maintains there is still room for further upside. He points to $698.78 as the next major resistance at the top of the trading channel, and believes that surpassing this level could unlock greater gains, though overall market sentiment will be key.

Martinez is also optimistic for XRP. His favored indicator, TD Sequential, has just flashed a buy signal on the four-hour chart, supporting a potential charge up to $1.80.

“XRP has just flashed a new buy signal! The TD Sequential indicator is issuing a buy on XRP’s four-hour chart right now. I watch this setup closely, as it has correctly anticipated every major trend reversal in XRP lately.

For instance, on May 6, I highlighted that the indicator gave a sell signal at the $1.46 top. That forecast perfectly timed the local high and led to the 5.5 percent correction we saw in the last 48 hours.

Today, the indicator switched to a buy. In my view, this means local exhaustion has ended and XRP is ready to recover. I expect a move toward the $1.45 resistance. If supply above that level is overcome, my secondary target is $1.80.”

The ongoing uncertainty in the international arena and the volatile sentiment in crypto markets are prompting close attention to analyst forecasts and market signals for potential new trends.

You can follow our news on Telegram, Facebook & Coinmarketcap & X
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Fatih Uçar 8 May, 2026 - 9:47 pm 8 May, 2026 - 9:47 pm
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