XRP Demand Surges After 31% Weekly Rally, What’s Next?
Jakarta, Pintu News – Ripple is showing an impressive performance with a price increase of 31% since the start of the new year. Currently, XRP is trading at $2.39 and has even managed to surpass Binance Coin in terms of market capitalization. With Bitcoin trying to break the $94.5K resistance, XRP seems to be the star among other major cryptocurrencies.
Causes of Increased Demand for XRP
On January 5, Spot ETF fund flows for XRP recorded a total net inflow for the day of $46.10 million. Franklin XRPZ and Bitwise XRP were the two largest contributors with inflows of $21.76 million and $17.27 million respectively. Although the broader market is haunted by uncertainty, the steady inflows into Spot ETFs during December show signs of a positive change in sentiment towards XRP.
In the last 24 hours, XRP rose by 11.2%, making it the second-best performing asset among the top 20 cryptos according to CoinMarketCap. With a market capitalization of $144 billion, XRP’s daily structure shows a bullish trend by successfully crossing the local swing high of $1.96 and reclaiming the resistance of $2.28.
Also Read: Bitcoin (BTC) Prepares for a Surge: Potential Rise to $104,000 in the Near Future?
Technical Analysis and Volume Indicator
The Relative Strength Index (RSI) indicator shows that XRP is in overbought territory, but there are no signs of a significant price withdrawal below $2.28 in the near future. This suggests that buying pressure is still very strong. In addition, the Accumulation/Distribution (A/D) indicator confirms the increase in buying pressure since the beginning of the year, in line with ETF flows and decreasing reserves on exchanges.
Future Prospects of XRP
Given the current data and analysis, XRP is expected to continue showing a bullish trend in the coming weeks. This rise is supported by strong fund flows into the ETF and favorable technical indicators. Investors and market watchers should continue to monitor volume indicators and fund flows to anticipate further price movements.
Conclusion
With all indicators showing positive signals, Ripple (XRP) has the potential to continue dominating the crypto scene in the near future. However, it is important for investors to do their own research before making an investment decision, given the high volatility in the crypto market.
Also Read: New Record! Ethereum Records $8 Trillion Worth of Stablecoin Transactions
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.
Reference
- AMB Crypto. XRP’s buying pressure on the rise after 31% weekly rally; what next. Accessed on January 6, 2026
