Expert Reveals Why XRP’s $1.65 Gate Could Decide Its Next Major Move
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In Brief:
- XRP faces weekly resistance at $1.65, while moving average compression could determine whether buyers confirm a stronger bullish structure successfully.
- EGRAG expects rejection to send XRP toward the 333-week EMA and broader support region spanning $1.05 to $0.85 for renewed accumulation.
- A successful $1.65 retest could strengthen XRP’s outlook, although the projected $8.30 target requires sustained higher weekly highs and volume.
XRP faces a decisive technical test as its price trades near $1.45 within an increasingly compressed weekly structure. According to EGRAG Crypto, XRP must secure a full weekly candle close above $1.65 to confirm a stronger bullish breakout.
A temporary move beyond $1.65 may provide limited confirmation if sellers force XRP beneath resistance before the weekly candle closes. However, holding above this level would demonstrate stronger buying pressure and improve the cryptocurrency’s broader technical structure.
The analyst’s chart tracks XRP against USDT on Binance while using the weekly timeframe to examine its long-term direction. It highlights the 50-week exponential moving average alongside the 333-week exponential moving average as major indicators within the setup.
Also Read: Bitcoin Cross Signals Bottoming Phase as Analyst Maps $53,000 Downside Risk
Moving Average Compression Places XRP Near a Critical Decision
The 50-week EMA is declining, which reflects weaker momentum across XRP’s medium-term price structure. Meanwhile, the 333-week EMA is rising and provides an important support reference within the cryptocurrency’s broader market formation.
XRP currently trades between both indicators, leaving increasingly limited space for price movement within the narrowing structure. Consequently, a breakout from this compressed region could determine whether buyers or sellers control the next significant market phase.
XRP must reclaim the declining 50-week EMA and overcome $1.65 to establish stronger bullish confirmation. Additionally, expanding weekly trading volume would support the breakout by showing greater participation from buyers across the wider market.
Conversely, another rejection around $1.65 would preserve the red roadmap presented by EGRAG Crypto. His projected route shows XRP moving toward the rising 333-week EMA before developing another potential bottom or higher low.
XRP’s $1.05 to $0.85 Region Could Establish a Wider Bottom
EGRAG identifies $1.05, $0.95, and $0.85 as important prices within XRP’s possible macro bottoming region. These levels represent a broader support area rather than three separate prices guaranteed to produce a market reversal.
A decline toward $1.05 could deliver the first meaningful test of buyer strength within the proposed correction. Moreover, the rising 333-week EMA could provide additional support if XRP enters this wider accumulation region.
Failure to defend $1.05 could direct market attention toward the lower support levels at $0.95 and $0.85. Sustained weekly closes beneath $0.85 would weaken the proposed bottoming structure and raise concerns about additional downside movement.
Under EGRAG’s expected scenario, XRP could test $1.65, encounter resistance, and retreat toward the 333-week EMA. Buyers could then establish another bottom before gradually pushing the cryptocurrency toward higher resistance levels.
What a Confirmed Breakout Could Mean for XRP
A convincing weekly close above $1.65 would challenge the projected correction and support an earlier bullish expansion. Traders may then watch whether XRP successfully converts $1.65 from resistance into support during a subsequent price retest.
The chart also presents $8.30 as a possible long-term objective within the wider bullish roadmap. Reaching that level from $1.45 would require XRP to gain more than 470 percent.
However, $8.30 remains a projected target because XRP must overcome several technical barriers before validating that outcome. Higher weekly highs, stronger volume, and defended support levels would provide greater evidence for the proposed long-term advance.
XRP’s response around $1.65 will determine whether the cryptocurrency confirms a breakout or follows EGRAG Crypto’s projected pullback. 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 improve the bullish structure and weaken expectations for another deeper correction.
Also Read: SHIB Veteran Rejects Shiba Inu Restart Proposal and Warns Community
The post Expert Reveals Why XRP’s $1.65 Gate Could Decide Its Next Major Move appeared first on 36Crypto.
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Chart – $1.65 Gate Decides the Next Move :
Weekly full-body close above $1.65
Failure below $1.65




