XRP Price Forecast: XRP Launches on Hyperliquid — Will DEX Activity Drive Price Over $2.70?

XRP spot trading has commenced on Hyperliquid via Flare’s blockchain-compatible smart contract, introducing the FXRP/USDC pair on the perpetual DEX platform.

The XRP price forecast indicates that Hyperliquid’s leading perpetual DEX volume might propel XRP’s price beyond $2.70 by the conclusion of January.

Initial XRP Exposure on Hyperliquid Broadens Trading Opportunities

As stated in an official announcement from Flare, this listing marks the first XRP exposure on Hyperliquid, bringing FXRP to one of the most liquid on-chain trading platforms available today.

Hyperliquid’s order book is anticipated to offer XRP investors enhanced liquidity and professional-grade trading tools tailored for high-volume and advanced traders.

Flare introduces XRP spot trading to @HyperliquidX
This listing provides XRP with greater liquidity, improved price discovery, and institutional-grade execution, unlocking genuine on-chain demand while keeping settlement tied to XRPL.
Supported by FAssets and the @LayerZero_Core OFT… pic.twitter.com/t9QTf0w6q8

— Flare (@FlareNetworks) January 7, 2026

Traders can now merge FXRP spot markets with perpetuals to hedge their positions, implement directional strategies, or simply trade XRP exposure across various platforms.

This allows them to capitalize on over $250 million of XRP open interest in perpetual markets that previously lacked hedging options for the asset.

Despite XRP declining by over 2% today in response to the wider crypto market correction, chart analysts have noted that XRP continues to hold strong at significant multi-month support around $2.20.

If the price can maintain this level without falling below it, a bullish reversal that could lead to a breakout above $2.70 is a likely scenario.

XRP Price Forecast: Daily Chart Indicates Possible Breakout Formation

From a technical perspective, the daily XRP chart reveals a market attempting to shift from an extended corrective phase into early recovery, although confirmation is still needed.

The price has just risen above a well-established descending trendline that had constrained rallies for several months, indicating a potential bullish breakout from the downtrend.

However, XRP has not yet regained the broader range structure, as it is currently trading below the $2.70 range high and significantly under the major psychological barrier at $3.00.

Source: TradingView

The short-term moving average has begun to rise, and the price has briefly traded above it, indicating improving near-term momentum.

That said, the recent pullback toward the $2.15-$2.20 zone suggests that the market is retesting the breakout rather than immediately accelerating upwards.

This area now serves as critical support.

Maintaining this level would confirm the breakout and uphold the bullish structure, while a sustained movement beneath it would suggest a false breakout and renewed consolidation.

The RSI has sharply bounced back from lower levels and remains above the neutral 50 threshold, signifying that buyers are regaining control without causing the market to overheat.

The lack of bearish divergence implies that there is still potential for upward movement if demand continues.

If XRP can stabilize above the trendline and reclaim the $2.30-$2.50 range with strong daily closes, this would pave the way for a retest of $2.70, with a clean break above that level likely aiming for the $3.00 resistance next.

Pepenode Offers Investors 517% APY Ahead of XRP Breakout.

If XRP finally surpasses the $2.70 mark and begins to rise again, meme coins like Pepenode (PEPENODE) could see another significant rally.

Pepenode is a new cryptocurrency project that has already raised over $2.3 million despite challenging market conditions.

It features a game where players can mine coins without the need for costly hardware setups.

Participants engage in the game via their web browser, establishing virtual mining nodes and upgrading their facilities to earn additional tokens.

The project aims to replicate PEPE’s successful strategy, which saw a surge of over 1,000x during the 2023-24 market run.

As more individuals purchase Pepenode’s mining rigs, the token price is expected to rise rapidly.

To participate in the presale before prices increase, visit the official Pepenode website and connect a crypto wallet like Best Wallet.

You can currently acquire tokens for $0.0012161 each and pay with cryptocurrencies such as ETH, BNB, or USDT.

Additionally, you can use a standard credit or debit card to complete your purchase within seconds.

Visit the Official Pepenode Website Here

The post XRP Price Prediction: XRP Goes Live on Hyperliquid — Can DEX Volume Push Price Above $2.70? appeared first on Cryptonews.