pinetwork

XRP rises 6% on increased trading activity

Le XRP a bondi à 2,17 $ après que les acheteurs ont finalement franchi la zone de résistance de 2,14 $, avec une forte hausse du volume suggérant une demande réelle plutôt qu’un léger mouvement motivé par les vacances.

News context

The move comes as XRP continues to attract attention in early 2026 following a period of steady institutional engagement. Spot XRP exchange-traded funds have maintained steady inflows over the past few weeks, while exchange balances remain near multi-year lows – a setup that can amplify price movements when demand increases.

Market feedback has also become more constructive. Several analysts have highlighted XRP’s improving structure relative to Bitcoin after months of consolidation, while others warn that the token is still trading below long-term resistance levels that have limited rallies throughout 2025.

The broader crypto market was mixed, with bitcoin and ether struggling to extend their gains. Against this backdrop, XRP’s ability to attract targeted buying stood out, even as traders remain selective on large-cap tokens.

Technical analysis

XRP rose from $2.05 to $2.17 in the 24-hour period ending January 14, decisively surpassing the $2.14 level that had capped several attempts higher. The breakout was accompanied by an increase in trading volume, with 167.9 million XRP changing hands at the peak, approximately 189% above the 24-hour average.

The price action showed a clear bullish structure. The This move also marked a clear break above a descending trendline that had limited upward momentum since late December.

On the 60-minute chart, XRP printed a brief V-shaped pullback after touching $2.17, falling to $2.16 before quickly rebounding on high volume. This behavior suggests that demand remains active near the breakout zone rather than sellers immediately fading the move.

Price Action Summary

  • XRP rose from $2.05 to $2.17 in 24 hours
  • A break above $2.14 occurred on volume nearly 3 times the daily average.
  • Buyers defended pullbacks near $2.16 on lower time frames
  • Price set new short-term highs near $2.18 before consolidating

What Traders Need to Know

This move seems more than a typical bounce, but it is not yet a clear trend confirmation.

As long as XRP holds above the $2.14 to $2.16 area, the breakout remains intact and opens the door to a test of higher resistance near $2.26 and potentially the $2.40 area that capped rallies earlier this cycle.

If the price falls back below $2.14, the rally risks turning into another failed breakout, returning XRP to its previous consolidation range with support near $2.03.

For now, the band suggests buyers are in control – but tracking above resistance will matter more than the size of the initial move.

Exit mobile version