After a volatile few days in the cryptocurrency market, XRP’s latest movement has brought renewed focus to its technical setup. Prominent crypto analyst EGRAG CRYPTO (@egragcrypto) has released an updated chart highlighting $2.65 as a critical level for the asset.
According to his analysis, this price point, which previously acted as strong support before XRP’s crash, has now become a resistance zone that the asset must overcome to regain its upward momentum. The chart he shared outlines the current positioning of XRP against key exponential moving averages (EMAs), including the 9, 21, 50, 100, and 200 EMAs.
The asset is presently trading below $2.65 but remains above the 200 EMA, signaling a possible stabilization phase. The asset’s decline pushed it below $2 for the first time since June, but the quick rebound marked on the chart suggests a repeated pattern where XRP finds support before attempting another push higher.
#XRP Update: $2.65 – Again A Key Level But This Time Resistant
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What was once strong support has now turned into a formidable resistance level.
$2.65 is playing a major role again! If we can flip it into support on the 3-day timeframe with a full body candle, we’ll be in a… https://t.co/7HONwm4EMZpic.twitter.com/Pc8ji5igOw
— EGRAG CRYPTO (@egragcrypto) October 13, 2025
The $2.65 Level and Its Technical Significance
EGRAG CRYPTO described $2.65 as a key level playing a major role, noting that “what was once strong support has now turned into a formidable resistance level.” The chart shows that each time XRP experienced a similar dip, a recovery followed.
However, this time, the key difference lies in whether the price can close above $2.65 with confirmation on higher timeframes. He added that flipping this level into support on the three-day timeframe “with a full body candle” would be a positive signal for XRP’s next phase.
XRP Targets and Future Outlook
Such a move would indicate market strength and potentially validate a new support base. The analyst recently pointed out the importance of the $2.65 level, and according to his updated analysis, breaching this level would set the next technical target at $2.85, aligning with the 21 EMA, as shown in his chart.
The chart also identifies subsequent targets beyond $2.65 and $2.85. If bullish conditions persist, EGRAG outlines $3.13 and $3.44 as potential levels to monitor. These upper boundaries remain within the projected trend channel, placing XRP just below its all-time high, and offering potential benchmarks for traders tracking medium-term growth.
Despite the market’s recent turbulence, XRP continues to maintain support around the $2.30 region, which corresponds closely with the 100 EMA. If XRP manages to close decisively above $2.65, it could mark the beginning of another rally. Until then, $2.65 remains the central test defining whether momentum will shift back in favor of the bulls.