XRP Faces Key Test: $1.40 Breakout or $0.80 Retest
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Analyst EGRAG CRYPTO says XRP is in a macro decision zone where the next monthly candle close will likely determine whether the token carves a double bottom or slides toward $0.80. Although XRP bounced from a 19-month low of $1.05 last week, it has not cleared key resistance levels to give bulls confidence, highlighting short-term technical risk for the crypto token.
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XRP is sitting on what analyst EGRAG CRYPTO is calling a “macro decision zone,” with the next monthly candle close likely determining whether the token carves out a double bottom or slides toward $0.80.
Although the token has bounced back after touching a 19-month low of $1.05 last week, it still hasn’t cleared the levels that would give bulls any real confidence.
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