Analyst Egrag Crypto highlights the significance of $2.65 as a key resistance level for XRP, noting its transition from support to a major technical barrier that could shape the token’s short-term trajectory. XRP is currently consolidating above $2.30, with multiple Exponential Moving Averages (EMAs) converging around this critical level. A successful breakout above $2.65 would signal potential bullish momentum and open the door to further upside, potentially targeting the $2.85-$3.44 zones. Egrag’s analysis underscores XRP’s ability to bounce from past downturns based on historical trends, suggesting a resilient trajectory in the long term. A sustained break above this level would be considered a bullish signal for the token.