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XRP surged 25% to $2.40 in the first week of January on strong ETF inflows; see current price, key support levels and what could push it toward $1.
XRP jumped 25% in the first week of January, briefly topping $2.40 before slipping to $2.30, while spot ETFs have drawn nearly $100 million in their opening days and $1.37 billion cumulatively since launch [1]. The move puts the token ahead of Bitcoin’s 6% gain and Ethereum’s 10% rise, prompting analysts to weigh whether a $1 level is realistic amid volatile on‑chain activity and shifting institutional demand.
| At a glance | |
|---|---|
| Price (Jan 7) | $2.30 |
| 24‑hour change | –2.5% |
| Weekly gain | +25% (to $2.40) |
| Catalyst | XRP‑linked ETFs netting $100 M in first days [1] |
ETF inflows have been the headline driver. Spot‑linked XRP ETFs recorded $100 million in the first days of 2026 and have not seen a single net outflow since their debut in late 2025, bringing total inflows to $1.37 billion [1]. Analysts note that this pattern diverges from Bitcoin and Ether ETFs, which tend to move in lockstep with spot prices. The fresh capital has helped push XRP above its 200‑day exponential moving average (EMA) twice this week, though the token fell back below $2.30 on Wednesday, testing the $2.24 resistance that capped a consolidation range from mid‑October to November [1].
On‑chain activity also surged, with daily XRP Ledger transactions rising more than 50% over the past two weeks, approaching one million—a level not seen since 2022 [1]. The uptick reflects growing usage in cross‑border payments and decentralized exchanges, adding a usage narrative to the price action.
Current market price sits at $1.17, up 5% in the last 24 hours and 10.8% over the past week, outperforming Bitcoin by 6.1% in the same period [2]. Technical indicators are mixed: the token holds above the 10‑ and 20‑day EMAs but remains under the 50‑, 100‑, and 200‑day EMAs, suggesting a tentative short‑term recovery within a broader downtrend [2]. Immediate resistance lies at $1.19, with a next hurdle near $1.29; support is anchored at $1.12 [2].
Longer‑term forecasts vary widely. Some analysts project a bullish case of $8 by end‑2026 if ETF inflows reach $10 billion, while more conservative estimates place 2026 price between $2.30 and $3.90 [1]. A separate model from CoinLore predicts a possible range of $17.79‑$18.10 for 2026, but that figure is an outlier compared with the majority of analyst expectations [2].
The week’s 25% surge shows that XRP can outpace major cryptocurrencies when ETF demand spikes, yet the token remains vulnerable to price pressure below its 200‑day EMA and to the $1.12 support floor. Whether XRP can sustain a path toward $1—or even higher—will hinge on continued ETF capital, on‑chain usage trends, and the ability to break key resistance levels.
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AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 2 outlets · Jul 4, 2026 · How we report
Government regulators have officially classified XRP as a commodity, not a security.
Seven spot XRP ETFs have launched, with total investor inflows exceeding $1 billion.
The classification removes regulatory uncertainty, making it easier for Wall Street firms to create and offer investment products like ETFs that appeal to institutional investors.
XRP’s ledger is noted for providing a cheaper and faster method for banks to conduct cross‑border transactions.
XRP has continued to face difficulty breaking above the $2 price level in 2026 despite the regulatory clarity.