thecryptobasic.com
Analyst Zach Rector has outlined a detailed case for a $7 $XRP price target based on the historical movements of silver.
He argues that $XRP’s current market structure closely mirrors silver’s historic breakout cycle before its multi-year rally. Notably, the analysis positions $XRP near what he believes is the final phase of its bear market.
Key Points
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Analyst Zach Rector targets $7 for $XRP, comparing it to silver’s historic rally.
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$XRP may be near the end of its bear market after a 70% correction from its peak.
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Rector sees a 500–600% potential move from $1, placing $XRP within $5–$10 range.
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$7 is a key psychological level, with profit-taking likely before possible double-digit highs.
$7 $XRP Target Explained
According to Rector, the $7 level is not a random forecast but a measured target derived from comparing $XRP’s price action with silver’s long-term chart. He points to September 2022, when silver made its final pullback below $20. The precious metal dropped to around $17 before launching into a nearly 600% rally that later pushed prices above $120.
Rector argues that $XRP is now in a similar position. Measuring a comparable 500–600% move from the $1 area places $XRP near $7, which sits in the middle of his $5 to $10 bull market range.
$XRP Near the End of Its Bear Market Phase
This analysis comes after $XRP price touched $1.11 last week, its lowest level since 2024. Many market watchers and influencers, including Rector, have publicly discussed buying the $XRP dip during this historic decline.
$XRP is now trading around $1.43 after an over 30% price rebound, but it remains well below its peak. Rector notes that $XRP has already corrected roughly 70% from its all-time high, a level consistent with past market resets.
From his perspective, price entries around the $1 range may not matter much once the next major rally begins if $XRP delivers a multi-hundred-percent move during the next bull market.
Silver vs $XRP
Rector’s thesis partly relies on research from Waters Above Crypto, which compares $XRP to silver. Silver took about three and a half years to rise from its 2022 low to its 2026 peak.
However, Rector believes $XRP could go through a similar cycle much faster because crypto moves more quickly and is more volatile. Both charts show similar patterns: double tops, large pullbacks, long periods of consolidation, and then sharp upward moves.
$7 As A Psychologically Important Level
Beyond technical symmetry, Rector highlights $7 as a psychologically important level. It represents roughly double $XRP’s previous all-time high of $3.66, placing it in a zone where profit-taking pressure is likely to increase as prices approach $10.
While Rector has not ruled out double-digit $XRP in a strong bull run, he calls $7 a realistic midpoint where traders may consider taking profits, while long-term holders continue to position for higher levels.
Although he stresses that no outcome is guaranteed, Rector believes the risk-to-reward profile favors the upside as $XRP prepares for its next major move.