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The XRP worth soared 8% over the previous 24 hours to commerce at $2.03 as of 1:10 a.m. EST on buying and selling quantity that skyrocketed 211% to $4.3 billion.
XRP recovered costs above $2, boosting its market capitalization to about $123 million, per CoinMarketCap. This places it again in third place amongst crypto belongings, outranking BNB with a market worth of over $120 million.
💥 BREAKING:$XRP FLIPS BNB TO BECOME THE 3RD LARGEST CRYPTOCURRENCY IN THE WORLD BY MARKET CAP! pic.twitter.com/3CSZqtaYbi
— STEPH IS CRYPTO (@Steph_iscrypto) January 3, 2026
The latest rally comes because the digital asset market reveals renewed power, because the crypto house jumped over 2% to a $3.07 trillion market capitalization. This surge noticed BTC recuperate above the $90,000 psychological resistance, as ETH continued to commerce above the $3,000 space.
Furthermore, the US spot XRP exchange-traded funds (ETFs) proceed to defy market volatility, sustaining an ideal streak of every day inflows, based on SoSoValue information.
Can the value of XRP proceed hovering in the long run?
XRP Worth Breaks Out – Poised For A Sustained Surge
The XRP worth is exhibiting indicators of a sustained surge after breaking out of the falling wedge sample and buying and selling repeatedly above the decrease Fibonacci assist degree at $1.91.
This surge comes because the Ripple token worth phases a restoration, after a sustained downtrend that noticed XRP plunge from an all-time excessive of round $3.66.
XRP dropping was additional fueled when the value of XRP dropped under each the 50-day and 200-day Easy Shifting Averages (SMAs), forming a dying cross round $2.63.
The drop drove the value of XRP to cross important Fibonacci assist ranges, with the $1.90 performing because the latest demand space.
This space has allowed the bulls to stage a restoration, as the value of the Ripple token broke out of the falling wedge and crossed the 50-day SMA ($2.01).
The Shifting Common Convergence Divergence (MACD) has additionally flipped bullish, because the blue MACD line has efficiently crossed above the orange sign line. The inexperienced bars forming above the impartial line additionally present that consumers are stepping in to drive constructive momentum.
In the meantime, the Relative Power Index (RSI) additionally helps a bullish rally, because it has jumped previous the 50-midline degree to the present degree round $58, exhibiting that consumers are actively getting into the market.
Ripple Token Worth Outlook
Primarily based on the XRP/USD chart evaluation on the every day timeframe, the XRP worth is poised for a sustained restoration after breaking out of the falling wedge sample and the 50-day SMA.
Supported by the constructive indicators, the Ripple token may nonetheless surge, because it targets key resistance ranges on the Fibonacci Retracement chart, the following being round $2.2 and $2.45, on the 0.786 and 0.618 Fib zones. A continued rally may see XRP climb to the 200-day SMA at $2.56.
Conversely, if the RSI climbs and reaches an overbought space, sellers could begin reserving income from the surge, which may see the Ripple token drop again to the $1.90 assist space.
A drop under this space may see XRP plunge to the earlier assist space round $1.79, performing as a cushion towards downward strain.
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