XRP Value Breaks to $2.4: Can the Bulls Push the Value Additional?

  • As altcoins rose in early 2026, XRP value rose to $2.40.
  • The bulls may transfer larger as market momentum continues to develop.
  • Some catalysts may strengthen Ripple’s military.

Ripple’s cryptocurrency token, XRP, has skilled an unimaginable double-digit rally, with the value rising to $2.4 as of writing on January 6, 2026.

This rise not solely boosts investor confidence however may spark new speculations within the resurgence of the “Ripple military.”

Final 12 months, this passionate neighborhood of supporters, who’ve lengthy championed XRP’s potential, helped push the value to close all-time highs.

Whereas the decline has been robust, overcoming regulatory hurdles and market demand for XRP funding merchandise are new catalysts for bulls.

XRP soars to $2.4

The surge started late final week, with XRP buying and selling round $1.95 on January 2, 2026, and gained momentum over the weekend.

As of early Tuesday, the token had gained greater than 23% over the previous week.

The worth rose 11% in 24 hours, hitting an intraday excessive of $2.4.

This motion accelerated through the Asian buying and selling session, with buying and selling quantity exceeding $8.25 billion, a rise of 138% inside the interval.

The double-digit value improve pushed XRP’s market cap to over $140 billion.

XRP stays the fourth largest cryptocurrency by market capitalization, behind Bitcoin, Ethereum, and Tether.

XRP value is bullishly pushed up

Analysts say the rally displays a sequence of supportive components pushed by a broader rally within the general crypto market.

The bettering sentiment was bolstered by new inflows into spot ETFs linked to cryptocurrencies.

Bitcoin-backed ETFs recorded web inflows on Monday, ending latest outflows and signaling a change in positioning within the close to time period.

On the identical time, Ripple-related spot ETFs proceed to draw new capital, extending their streak of web inflows since their inception in November 2025.

Bitcoin’s rise above $94,000 means it may purpose for $100,000 subsequent.

If this occurs, there could possibly be an general rebound with extra funds flowing into altcoins like XRP.

Notably, bullish sentiment can be rising amid Ripple’s enlargement.

What’s subsequent for XRP?

XRP’s trajectory hinges on a number of vital tendencies, with optimists pointing to continued curiosity in XRP change traded funds (ETFs) as an indicator.

Nonetheless, volatility is inherent within the digital forex market. Macroeconomic circumstances and opposed regulatory adjustments additionally stay important headwinds.

Nonetheless, technical circumstances level to a possible breakout above $4 within the close to time period.

Fast resistance is at $2.8, and the $3.8 peak is a great distance off for bulls.

If the upward momentum is misplaced, assist ranges will probably be round $2.0 and $1.8.

On the time of writing, XRP value is round $2.34.