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The XRP value 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 exhibits renewed energy, because the crypto area 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, in response to SoSoValue information.
Can the worth of XRP proceed hovering in the long run?
XRP Value Breaks Out – Poised For A Sustained Surge
The XRP value is exhibiting indicators of a sustained surge after breaking out of the falling wedge sample and buying and selling constantly above the decrease Fibonacci assist degree at $1.91.
This surge comes because the Ripple token value levels 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 worth of XRP dropped beneath each the 50-day and 200-day Easy Shifting Averages (SMAs), forming a demise cross round $2.63.
The drop drove the worth of XRP to cross important Fibonacci assist ranges, with the $1.90 appearing because the latest demand space.
This space has allowed the bulls to stage a restoration, as the worth 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 Energy 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 Value Outlook
Based mostly on the XRP/USD chart evaluation on the every day timeframe, the XRP value 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 subsequent 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 might begin reserving earnings from the surge, which may see the Ripple token drop again to the $1.90 assist space.
A drop beneath this space may see XRP plunge to the earlier assist space round $1.79, appearing as a cushion in opposition to downward stress.
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