XRP Price Hinges on Crucial $1.65 Threshold

Crypto analyst Egrag Crypto is keeping an eye on XRP's price action as it approaches a key technical level that could determine its next major move. The token currently trades around $1.45, but Egrag Crypto emphasizes that the $1.65 level remains more important for determining the next major move.

A full-body weekly close above $1.65 would strengthen the bullish breakout structure and challenge the projected path shown on Egrag Crypto's chart, which outlines a broader technical roadmap extending into 2028 with a potential long-term target of $8.30.

Egrag Crypto expects XRP to potentially establish another bottom or higher low if it fails at $1.65, followed by a retest of the 333 EMA. He highlighted the $1.05, $0.95, and $0.85 levels as an important potential macro bottoming region.