#xrp Can the bull market hold? It all comes down to this red line⚡! Analyst EGRAG CRYPTO offers a key assessment: to preserve the macro bull-market structure, XRP’s monthly close must hold above $1.20. Even if the price dips back to this level intramonth, the long-term bullish thesis remains intact as long as the monthly close holds. This analysis is based on long-term EMA indicators spanning 33 and 111 months. He believes a bottom is in, with an initial target of $1.65, followed by $4–8, and a long-term “Valhalla” target above $15. But if monthly closes persist below $1.20, all bullish targets are invalidated. The key thing to watch is the monthly close at the end of the month.