XRP Faces Key $1.65 Weekly Resistance as Technical Structure Tightens
XRP is approaching a critical technical level as its price trades near $1.45 within an increasingly compressed weekly structure. Market analyst EGRAG Crypto says XRP needs to close a full weekly candle above $1.65 to establish stronger evidence of a bullish breakout.
A brief move above $1.65 would not necessarily confirm a breakout if sellers push the price back below the level before the weekly session ends. By contrast, sustained trading above $1.65 would indicate stronger buying pressure and improve XRP’s broader technical setup.
The analysis examines XRP against USDT on Binance using a weekly chart to assess the cryptocurrency’s longer-term price direction. The setup includes the 50-week exponential moving average and the 333-week exponential moving average as key technical indicators.
XRP Trading Between Two Major Moving Averages
The 50-week EMA is trending lower, signaling weaker medium-term momentum in XRP’s price structure. At the same time, the 333-week EMA continues to rise and represents an important long-term support reference.
XRP is currently positioned between the two moving averages, creating a narrowing range for price movement. A decisive move out of this compressed structure could therefore determine whether buyers or sellers gain greater control over the next major phase of the market.
For a stronger bullish confirmation, XRP would need to reclaim the declining 50-week EMA and move decisively above $1.65. Rising weekly trading volume would further strengthen the signal by indicating broader participation from buyers.
If XRP is rejected again near $1.65, however, EGRAG Crypto’s projected downside path would remain in play. His chart indicates that XRP could move toward the rising 333-week EMA before potentially forming another bottom or higher low.
XRP Support Levels at $1.05, $0.95 and $0.85
EGRAG identifies $1.05, $0.95 and $0.85 as significant levels within a potential broader bottoming area for XRP. The levels represent a wider support zone rather than separate points that would necessarily trigger a reversal.
A move toward $1.05 would provide an initial test of buyer demand if the proposed correction develops. The rising 333-week EMA could also offer additional support should XRP enter this broader accumulation region.
If buyers fail to defend $1.05, attention could shift toward the lower levels at $0.95 and $0.85. Weekly closes that remain below $0.85 would weaken the proposed bottoming structure and could increase the risk of further downside.
Under EGRAG’s projected scenario, XRP could first approach $1.65 and face resistance before retreating toward the 333-week EMA. Buyers could then potentially establish another bottom and gradually move the cryptocurrency toward higher resistance levels.
XRP’s $1.65 Breakout Could Change the Technical Outlook
A confirmed weekly close above $1.65 would challenge the projected correction and provide support for an earlier bullish move. Traders could subsequently monitor whether XRP can turn $1.65 from resistance into support during a later retest.
The broader technical roadmap also identifies $8.30 as a potential long-term objective. From a price of $1.45, reaching $8.30 would require XRP to rise by more than 470 percent.
That level remains a projected target, as XRP would need to overcome multiple technical barriers before such a move could be validated. A sequence of higher weekly highs, stronger trading volume and successfully defended support levels would provide additional evidence for the proposed long-term advance.
XRP’s reaction around $1.65 is therefore a key factor in determining whether the cryptocurrency confirms a breakout or follows EGRAG Crypto’s projected pullback. A rejection could expose the 333-week EMA and the broader support region between $1.05 and $0.85. Conversely, a strong weekly close above $1.65 would strengthen the bullish technical structure and reduce expectations of another deeper correction.
Writer: Barland VexCrypto Market Analyst & Onchain WriterBarland Vex covers cryptocurrency markets with a focus on onchain data, Bitcoin price action, and emerging market narratives. His writing examines how capital flows, network activity, and broader market structure influence short- and medium-term trends.He aims to provide clear, data-informed analysis for readers seeking a deeper understanding of crypto market dynamics.