Ripple (XRP) price jumps sharply, unstoppable rally attracts traders’ attention! (6/1/26)

Jakarta, Pintu News – The price of Ripple (XRP) has recently shown significant gains, breaking through the $2.00 barrier and continuing to move up. Now, the price is in a consolidation phase and seems to be trying to go even higher, crossing the $2.165 zone. This phenomenon has caught the attention of traders and analysts around the world.

Ripple (XRP) Price Rise

The price of Ripple (XRP) started its move by rising sharply past $2.00 and $2.020, similar to Bitcoin (BTC) and Ethereum (ETH). The momentum got stronger with a break above the $2.10 resistance. The bulls managed to push the price past the $2.150 zone, peaking at $2.165 before entering a consolidation phase above the 23.6% Fibonacci retracement level of the rise from $1.983 to $2.165.

Currently, the price of Ripple (XRP) is above $2.10 and the 100-hour simple moving average. Additionally, there is a bullish trend line formed with support at $2,070 on the hourly chart of the XRP/USD pair. In case of another rise, the price may face resistance near $2.1650. The first major resistance is near $2,180, above which the price could try to break $2.20.

Also Read: Ethereum (ETH) Approaching Critical Moment, Is January 2026 Time to Surge?

Potential Barriers and Support

If Ripple (XRP) fails to break the $2.1650 resistance zone, there is a possibility that the price will decline. The next major support is near $2,070 or the 50% Fibonacci retracement level of the rise from $1,983 to $2,165. In case of a downward break and close below $2,070, the price may continue to drop towards $2,020. The next major support is at the $2.00 zone, below which the price could drop further towards $1.9650.

Technical Indicators

The hourly MACD indicator for Ripple (XRP)/USD is currently showing increasing momentum in the bullish zone. Meanwhile, the hourly Relative Strength Index (RSI) for Ripple (XRP)/USD is above the 50 level. This shows that there is still strength in the market that supports a price increase. The key support levels are at $2.10 and $2.070, while the key resistance levels are $2.1650 and $2.20.

Conclusion

With the significant price increase and the current consolidation, Ripple (XRP) shows the potential to increase further. Traders and investors are advised to monitor the mentioned support and resistance levels to make informed investment decisions. Further price movements will largely depend on market dynamics and global investor sentiment.

Also Read: Bitcoin (BTC) Price Surges, Will it Continue to Rise in January 2026?

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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

• NewsBTC. XRP Price Explodes Higher. Accessed on January 6, 2026