Market analyst Mikybull presents a technical case asserting that a significant upside move is probable for XRP. The attached chart frames the argument around a prior rounded low followed by a sharp advance and a subsequent corrective descent contained within a narrowing channel.
Mikybull interprets that sequence as constructive price action that could precede a decisive breakout should the asset clear the channel resistance with follow-through.
Price structure and momentum observations
The chart shows a rounded accumulation phase leading into a pronounced run-up, after which the price has re-entered a descending channel. Current quotations on the image place the market around the mid-$2 range.
$XRP mega breakout incoming pic.twitter.com/M4jpLNqgRA
— Mikybull 🐂Crypto (@MikybullCrypto) November 11, 2025
The drawn channel captures a series of lower highs and lower lows that define the corrective leg. Beneath the price panel, a momentum indicator displays a peak coincident with the run-up and a subsequent downtrend that has not yet shown a clear bullish divergence.
Mikybull’s commentary frames the present corrective structure as a potential consolidation rather than a reversal, implying that a breakout above the channel’s upper boundary would validate the bullish thesis.
Conditions that would confirm the thesis
Mikybull emphasizes the importance of a breakout confirmation. On the chart, the technical trigger implied is a sustained break above the descending channel with improvement following the momentum indicator.
A meaningful increase in trading interest at the breakout level is presented as necessary to convert the prospective scenario into a high-probability trade setup. The analyst, therefore, treats the current phase as preparatory price action that requires subsequent confirmation rather than as a standalone buy signal.
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Market commentary from other participants
Responses to the analysis reflect differing views on how to interpret the setup. One commentator urged prudence, noting that major breakouts must be confirmed by price action rather than anticipated in advance and advising that traders await evidence before positioning.
Another participant tied broader macro and policy expectations to market direction. He argues that a reversal of tariffs attributed to President Trump could influence liquidity conditions and ETF issuance, which temporarily suppress prices before a later recovery. This perspective links political developments to potential short-term price distortions.
The analyst’s central claim is that the recent price sequence forms a credible technical basis for a large upside move, contingent on a validated breakout from the descending channel and supportive momentum.
The charted structure and indicators provide a clear rubric for confirmation, while community responses highlight the need for disciplined verification and awareness of external policy drivers that could affect timing.
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.
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