EGRAG CRYPTO Marks $1.20 as Key Macro Level for XRP

XRP fell below $1.35 after recently trading higher, with $1.51-$1.53 identified as initial resistance as the token extended a weekly decline of more than 10%. EGRAG CRYPTO identified $1.20 as the key macro level on XRP’s monthly chart. The analysis tracks the relationship between the 33-period and 111-period exponential moving averages, which EGRAG uses to assess longer-term market structure. A monthly close above $1.20 would preserve EGRAG’s broader bullish thesis. A sustained break below the level would invalidate the pattern and prompt a reassessment of the setup.

Source: TokenPost