XRP Price Outlook: $1.95 Breakthrough Targets $2.20 Following 6% Jump

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The current price of XRP is $2.01, maintaining momentum from an impressive 24-hour rebound of nearly 6%. Trading volume has mirrored this movement, achieving a daily peak of over $4.19 billion.

This is not merely a temporary spike; there is a substantial amount of buying activity. XRP has ascended to become the 4th largest cryptocurrency by market capitalization, with an approximate value of $121.9 billion. Out of nearly 62 billion tokens in circulation, the total supply is limited to 100 billion.

Despite this upward movement, the overall market sentiment remains cautious. While the outlook appears positive, traders are closely monitoring whether XRP can maintain its gains and not just experience a temporary high.

XRP/USD Technical Outlook: Fibonacci Retracement in Action

From a technical standpoint, the XRP price forecast has become bullish following a notable shift recently.

Throughout most of last December, the price was confined within a distinct downtrend channel, gradually declining. However, it has now successfully breached the upper boundary of that channel after surpassing the $1.80 resistance area.

This breakout occurred after establishing a solid base between $1.81 and $1.85, where buyers absorbed selling pressure and utilized those low points to create a series of higher lows.

XRP Price Outlook: $1.95 Breakthrough Targets $2.20 Following 6% Jump0XRP/USD Price Chart – Source: Tradingview

Examining the 2-hour chart reveals some convincing bullish candles that propelled the breakout; they were robust, with minimal wicks on the tops. This indicates a clear sign of strong conviction behind the price movement, rather than a mere brief short-covering rally.

The short-lived pause at $2.05 has exhibited smaller candle bodies, which is not yet an indication that the market is rejecting the price.

#XRP breaks its December downtrend and holds near 2.01. EMAs turn higher, RSI cools after strength, and structure favors continuation. Above 2.00, 2.13–2.20 comes into focus. pic.twitter.com/I9uvNgSnyi

— Arslan Ali (@forex_arslan) January 3, 2026

Key Levels and Momentum Indicators

Several indicators support the strengthening structure:

  • XRP is maintaining its position above the 0.618 Fibonacci retracement near $1.90, with the price consolidating above the 0.382 level around $1.96.
  • The 50-period EMA has crossed above the 100-period EMA, with both indicators trending upward beneath the price.
  • RSI has slightly cooled after reaching the low-70s, indicating strong momentum without any evident bearish divergence.

These signals imply that the upward movement is being absorbed rather than fading away.

XRP Price Forecast: What Lies Ahead

If XRP continues to stay above the psychological level of $2.00, the technical roadmap suggests that $2.13 is the next resistance point, followed by a potential extension into the $2.17–$2.20 range. A sustained decline below $1.96 would dampen the bullish outlook and refocus attention on $1.90.

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XRP Price Outlook: $1.95 Breakthrough Targets $2.20 Following 6% Jump1

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