XRP Surges to $2.35 as Rally Extends with 261M Token Volume

2026-01-06 12:12:38

⬤ XRP pushed up to $2.35 in recent trading sessions, marking a significant milestone on the XRP/USDT pairing. The rally saw the token briefly touch an intraday peak of $2.4172 before settling back around $2.35, holding onto most of its gains from the latest upswing.

⬤ Chart data shows XRP trading well above its Bollinger Bands middle line, with the upper band sitting at roughly $2.39 and the middle band around $2.14. This positioning suggests the asset is riding a strong upward channel. The RSI indicator came in above 77, typically a sign of robust buying momentum.

⬤ XRP climbed sharply from earlier lows near $1.81, forming a steep uptrend through early January 2026 before cooling slightly. Trading volume hit over 261 million XRP in the past day, with USDT volume topping 600 million—showing heavy market participation during the move.

⬤ This rally matters because XRP remains one of the most-watched altcoins for traders tracking liquidity and market strength. Technical signals like above-band trading, rising averages, and elevated RSI readings show the upside push has staying power. How XRP consolidates around current levels will likely shape short-term sentiment as the market watches whether momentum holds or extends further.

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