XRP Approaches a Monthly Close Test: $1.40 Confirmation or $0.80 Retest Risk

XRP is trading in what analyst EGRAG CRYPTO describes as a macro "decision zone," with the next monthly candle close expected to influence whether it forms a double bottom or drifts toward $0.80. The analyst said a monthly close above $1.40 would help confirm the $1.05 low, while $1.61–$1.65 and $1.70 were highlighted as higher confirmation levels. XRP was up just over 1% in 24 hours at the time of writing but remained down more than 8% over seven days.