XRP Hits $1.65 Resistance: A Key Breakout Point

XRP's recent price surge has brought it to a critical resistance level of $1.65, a threshold that could determine whether its recovery continues or stalls.

Market analysts emphasize that breaking and holding above $1.65, combined with reclaiming the 50-week EMA, would signal a stronger bullish trend for XRP.

The token's large holders have increased their holdings, and activity on the XRP Ledger suggests renewed interest in the asset.

The immediate focus remains on XRP's ability to sustain above $1.65 for a convincing rebound, with regulatory discussions around the CLARITY Act providing context.