XRP Price Treading Water Near $1.65 as Analysts Eye 333-Week MA

XRP has been attracting attention in recent days as analysts examine its technical structure. The token's price is currently at $1.48, up 0.07% in the past day with a market capitalization of $93.18 billion.

The 24-hour trading volume stands at $6.12 billion, and over the past seven days, XRP has increased by 49.1%, according to CoinMarketCap.

Analyst Egrag Crypto notes that the 'red roadmap' for XRP remains active, with a focus on how the token reacts near the decisive $1.65 level.

Egrag believes that if XRP fails to break this level, it will maintain its downtrend technical structure and move towards its 333-week exponential moving average.