XRP is currently trading in what analyst EGRAG CRYPTO describes as a “macro decision zone,” where the next monthly candle close could define whether the asset establishes a double bottom pattern or continues its decline toward $0.80.
The token recently rebounded after falling to a 19 month low of $1.05 last week. However, it has yet to reclaim key price levels that would signal a strong bullish reversal.
Key Price Structure Levels
EGRAG CRYPTO noted that a monthly close above $1.40 would be the first major confirmation that the $1.05 low marked a bottom. A more convincing recovery, in their view, would only begin if XRP reclaims the $1.61 to $1.65 range, while a breakout above $1.70 would provide further confirmation of a trend shift.
At present, none of these bullish thresholds have been reached.
On the downside, the analyst warned that a loss of momentum could send XRP back toward $0.80. They did not identify strong intermediate support levels between the current price range and that deeper target, suggesting limited cushioning if bearish pressure returns.
EGRAG summarized the structure by stating that holding current levels could support a double bottom formation, while a breakdown would increase the likelihood of a move toward $0.80.
Previously, the analyst observed XRP moving up to $1.1860 and building momentum for another push, with short term expectations between $1.19 and $1.25. However, they cautioned that a drop below $1.14 could trigger a retest of $1.10.
Additional Technical Perspectives
Another analyst, CasiTrades, provided a complementary technical view, noting that XRP recently touched a major 0.786 macro Fibonacci support near $1.09 on Coinbase. From their perspective, $1.19 and $1.27 now act as key resistance levels, and failure to break them could lead to another decline toward $0.90.
Conversely, a strong breakout above those resistance zones would indicate that XRP may be transitioning into a new uptrend rather than preparing for another downturn.
Market Context and Sentiment
Some traders are also focusing on longer term indicators. Analyst ChartNerd highlighted that XRP recently closed below its 200 week simple moving average, a technical event that has historically appeared near cycle bottom formations.
At the time of writing, XRP, the sixth largest cryptocurrency by market capitalization, was up just over 1 percent over the past 24 hours. The slight gain followed news that Japan’s SBI Bank launched a program allowing customers to convert deposit interest into Bitcoin, Ethereum, or XRP.
Despite the short term bounce, XRP remains down more than 8 percent over the past week, underperforming the broader crypto market, which declined about 5.4 percent over the same period. It is also down over 18 percent in the past month and nearly 49 percent year over year, trading roughly 68 percent below its all time high reached in July 2025.
However, some analysts view the weakness as a potential accumulation phase. On chain analytics platform Santiment, using its 30 day MVRV metric, placed XRP in a “fair buy” zone where long term investors may begin accumulating positions.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic
