TLDR: XRP holds near $1 as analysts watch whether the token can defend its key monthly support. EGRAG Crypto sees $1.35 as the first structural hurdle and $1.80 as the major macro trigger. Cr
XRP is showing early signs of a possible macro bottom, but key price levels still need confirmation. EGRAG Crypto identified $1.00 as a critical support zone for the monthly chart.
Crypto Patel expects XRP could fall further toward a $0.85 to $0.65 accumulation area. CoinGecko data shows XRP trading near $1.04 after losing 3.87% over the past seven days.
EGRAG Crypto said XRP’s monthly structure now shows characteristics associated with a potential bear-market bottom. However, the analyst stressed that the signal does not confirm a reversal.
#XRP – THE MACRO BOTTOM IS SIGNALING
:$XRP on the monthly timeframe is starting to show characteristics of a potential bear-market bottom.
But remember: SIGNAL ≠ CONFIRMATION.
Here’s my roadmap:
$1.00 → Bottoming Battlefield
— EGRAG CRYPTO (@egragcrypto) August 8, 2026
The $1.00 level remains central to that outlook. EGRAG Crypto said XRP needs to defend the area, while sustained monthly acceptance below it could expose $0.70 to $0.80.
The current price leaves XRP only slightly above that threshold. CoinGecko data puts XRP at $1.04, with daily trading volume reaching $622.06 million.
XRP gained 0.59% over 24 hours, according to CoinGecko, but the token remains down 3.87% over the week. The figures show continued short-term weakness despite the latest daily gain.
EGRAG Crypto also identified $1.35 as the first major structural test. A monthly close above that level could indicate that bearish control has weakened.
The analyst placed the next major threshold at $1.80 to $1.82. A decisive monthly close above that range would mark a broader change in the macro structure.
XRP price on CoinGeckoCrypto Patel offered a more defensive outlook for XRP’s current price structure. The analyst pointed to a macro accumulation zone between $0.85 and $0.65.
Patel said XRP had already declined 72% from its cycle top. The analyst also measured a 52% decline from the confirmed breakdown level.
That decline followed a bearish XRP analysis published by Patel in July 2025. The analysis warned that the rally had lost structure and advised taking profits above $3.
Patel now expects another 20% to 40% downside before the next major expansion. The analyst said this outlook supports gradual accumulation rather than deploying capital at once.
$XRP: The Analysis Everyone Laughed At… Until It Dumped 72%
In July 2025, when most of the market was calling for higher prices, I published a bearish #XRP analysis and clearly stated that the rally was losing structure. I advised taking profits above $3 and warned that a… https://t.co/AGHdYcGUHgpic.twitter.com/aUkxE6fZSQ
— Crypto Patel (@CryptoPatel) August 8, 2026
The proposed XRP accumulation range sits below EGRAG Crypto’s $1.00 battlefield. That difference shows how the two analysts interpret the token’s current market structure.
Patel’s longer-term targets include $3, $5, $7 and above $10. However, the analyst said the trend remains bearish in the short term and would update the stop-loss after reversal confirmation.
For EGRAG Crypto, XRP needs to hold $1.00, reclaim $1.35, and then break $1.80. That sequence would provide progressively stronger confirmation of a macro bullish regime.
The post XRP Bottom Signal Emerges, But $1.35 and $1.80 Hold the Key appeared first on Blockonomi.
