XRP nears $1.65 resistance as analysts highlight breakout potential

Analysts focus on $1.65 breakout

Market analyst EGRAG CRYPTO recently emphasized the significance of the $1.65 mark for XRP. According to his assessment, this level performed as both a major support during declines and as tough resistance throughout recovery phases. He noted that a sustained breakout above $1.65, with XRP holding that level as new support, would signal a potentially strong bullish trend shift.

CoinCodex data shows XRP hovering near $1.59, leaving bulls with a narrow gap before directly challenging resistance. In the broader context, technical momentum around XRP has improved since the asset moved out of a two-week trading range, offering additional optimism for those betting on further upside.

Large holders have reportedly accumulated about 190 million XRP in a single day, while activity on the XRP Ledger has risen, suggesting renewed interest among investors.

EGRAG CRYPTO and other analysts continue to watch whether XRP can transform $1.65 from resistance into a solid support base. Without a clear breakout, any rally may prove short-lived instead of marking the start of a broader uptrend.

Long-term signals and technical comparisons

Technical analyst ChartNerd has pointed out similarities between XRP’s current structure and its setup following the 2022 market cycle bottom. He identified the 50-week exponential moving average (EMA) as a crucial indicator for assessing the strength and sustainability of this rebound.

The 50-week EMA represents a smoothed trend marker that helps traders evaluate whether an asset is in a bearish or bullish phase over a longer timespan. If XRP successfully climbs above the 50-week EMA alongside a move beyond $1.65, these two signals could reinforce each other and confirm a more decisive shift toward bullish momentum.

Mini dictionary: Exponential Moving Average (EMA) — An EMA is a type of moving average that places a greater weight and significance on the most recent data points. In cryptocurrency trading, the 50-week EMA is often used to assess whether a coin is in a long-term bullish or bearish trend.

Regulatory and industry context

Industry developments have also put XRP in the spotlight. Ripple, the company behind the asset, continues to advocate for regulatory clarity in the United States. CEO Brad Garlinghouse recently participated in private discussions on the CLARITY Act with Commerce Secretary Howard Lutnick, further highlighting efforts to establish clear rules for cryptocurrencies in the country.

As the market awaits a decisive move, traders will continue to track whether XRP can break out above $1.65 and hold it as a support level — a move that could define the next chapter of its recovery.

Bulls need more than a quick move to resistance. Sustained trading above $1.65, with that level acting as support, could mark a meaningful shift in XRP’s technical structure.