XRP is trading near $1.2482, squeezed between two long-term moving averages that crypto analyst EGRAG CRYPTO says define the token’s macro structure. The 33-period moving average sits above the price as dynamic resistance, while the 77-period moving average holds below as macro support. Until one of those boundaries gives way, the analyst expects more of the same sideways action.

The level that matters most, in his framework, is $1.65. EGRAG CRYPTO calls it a “macro gate” and “the magic number,” arguing that a decisive monthly close above it would mark the dividing line between a drawn-out consolidation and an expansion phase. “We could continue ranging between these two until the BIG breakout!” he wrote in a post on X on Oct. 31.

A…