XRP Price Stalls Near Critical Support Zone
XRP is showing signs of a possible macro bottom, according to analysts. EGRAG Crypto identified $1.00 as a critical support zone on the monthly chart, while Crypto Patel expects XRP to revisit its accumulation area between $0.85 and $0.65 before establishing a stronger setup.
EGRAG Crypto's roadmap requires XRP to defend the $1.00 level and then reclaim $1.35. A decisive close above $1.80 would mark a broader change in the macro structure, while Patel predicts another 20% to 40% downside before the next major expansion.
The proposed accumulation range sits below EGRAG Crypto's $1.00 battlefield, highlighting the difference in interpretation between the two analysts. Patel's longer-term targets include $3, $5, and above $10, but notes that the trend remains bearish in the short term.