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XRP rose 12% and reached the highest level since mid-November
Over the past 24 hours XRP increased by 12.34% and is now trading at $2.4, which marks the highest level since November 13, 2025.
According to analysts, the rise in the XRP price is driven by a combination of technical and fundamental factors.
Recently we saw a breakout from a “descending wedge” pattern, while the price held above the 50-day moving average — classic indicators of positive momentum. At the same time, short positions in XRP were aggressively liquidated: more than $250 million was removed within an hour.
This is clear evidence that aggressive buying and the closing of short positions are contributing to the rapid growth, — said BTC Markets crypto analyst Rachel Lucas.
Kronos Research Chief Information Technology Officer Vincent Liu also noted that XRP moved sharply higher on strong trading volume after breaching key resistance levels. The analyst added that the altcoin’s advance was supported by substantial inflows into XRP funds.
XRP ETFs experienced significant inflows as investors prepared for renewed discussions around payment adoption. XRP liquidity makes it a suitable instrument for expressing directional risk, — Liu said.
According to SoSoValue, on Monday, January 5, net inflows into spot XRP ETFs amounted to $46.1 million. This is the highest reading since December 3, 2025. Total daily trading volume reached $72.15 million, the second-largest figure on record.
See also: "Bitcoin surged to a three-week high amid the capture of Maduro"
