XRP Bulls Eye $1.65 Breakout as Recovery Takes Shape

XRP is nearing the critical $1.65 resistance level, a key battleground for its recent recovery.

Momentum has improved since XRP broke out of a two-week trading range, with large holders reportedly accumulating roughly 190 million XRP in a single day and rising activity on the XRP Ledger pointing to renewed market interest.

The longer-term technical picture also looks promising, with XRP's 50-week exponential moving average (EMA) being a key indicator to watch. Reclaiming this trend marker could strengthen the case that XRP is transitioning from recovery into a more sustained uptrend.