XRP Surges 12% to Hit Highest Price Since Mid-November – Bull Run Igniting?

XRP just ripped past a critical resistance level, notching its best performance in over a month. The 12% surge signals a potential shift in momentum for the embattled asset.

Breaking the November Ceiling

For weeks, XRP traded in a tight band, frustrating bulls and bears alike. That changed decisively as buying pressure overwhelmed sellers, pushing the price to a level unseen since the middle of last November. It’s a classic breakout move—technical traders are now watching to see if this marks a genuine trend reversal or just another head-fake in the volatile crypto markets.

The Sentiment Shift

This isn't just about chart patterns. The move suggests renewed institutional or large-scale investor interest, possibly anticipating positive regulatory developments or broader market rotation. When a major coin like XRP makes a double-digit leap, it often pulls liquidity and attention across the entire altcoin sector.

A Cautious Celebration

While the bulls are rightfully cheering, seasoned crypto veterans know the drill—one green candle doesn't make a bull market. The real test is sustained volume and holding these new support levels. After all, in crypto finance, today's moon mission can quickly become tomorrow's 'buy the rumor, sell the news' event—usually right after the mainstream financial press finally catches on.

TLDR

• XRP rose 12.34% in 24 hours to hit $2.4, the highest level since November 13
• XRP ETFs saw $46.1M in net inflows, the biggest daily inflow since Dec 3
• Over $250M in XRP short positions were liquidated in one hour
• XRP ETFs posted $1.23B in net inflows over eight consecutive weeks

XRP surged by 12% to reach $2.4, marking its highest level since mid-November 2025. The rise was fueled by strong trading volume, liquidation of short positions, and renewed investor interest driven by consistent ETF inflows. This performance positioned XRP at the forefront of a broader crypto market rebound in early 2026, as traders looked to diversify beyond Bitcoin and Ether amid growing optimism around payment adoption and regulatory clarity.

XRP Surges to $2.4 in Strong Start to 2026

XRP rose 12.34% on Monday, reaching $2.4 according to The Block’s data. This marks the highest price since November 13, 2025. The move came as part of a broader crypto market recovery in the opening week of the new year.

The price rally was fueled by both technical trading patterns and market fundamentals. XRP led the gains among major tokens and saw the highest 24-hour percentage increase in the top ten cryptocurrencies.

everyone is talking about $BTC 'strength'

meanwhile, $XRP is up 12% and has added $15 billion to its market cap today alone

our useless coins are about to send so freaking hard

i can feel it in my bones! pic.twitter.com/N4i3L9J82U

— Unipcs (aka 'Bonk Guy')(@theunipcs) January 5, 2026

Crypto analyst Rachael Lucas of BTC Markets said, “We recently saw a breakout from a falling wedge pattern, with the price sustaining above its 50-day moving average.” She added that over $250 million in short positions were liquidated in an hour, which contributed to upward momentum.

ETF Inflows Support XRP Price Rally

The rally coincided with a rise in investor interest in XRP exchange-traded funds. According to SoSoValue, XRP ETFs saw $46.1 million in net inflows on Monday. This was the highest daily inflow since December 3. Daily trading volume reached $72.15 million, the second-highest ever recorded.

Vincent Liu, CIO of Kronos Research, stated, “XRP ETFs saw strong inflows as investors positioned for renewed payment adoption narratives.” He noted that XRP’s high liquidity supports its use in directional trades during periods of rising risk appetite.

Since the launch of the first XRP ETF on November 13, the funds have reported eight consecutive weeks of net inflows. The total stands at $1.23 billion as of Monday, reflecting consistent institutional demand.

Technical Indicators and Liquidations Drive Short-Term Momentum

Analysts pointed to several technical indicators behind the price movement. The breakout from the wedge pattern and the breach of resistance levels were both seen as positive signals. The price also held above the 50-day moving average, which many traders use as a bullish indicator.

At the same time, a surge in short liquidations added to the pressure. The liquidation of over $250 million worth of short positions forced traders to cover, which increased buy-side demand. This type of movement can amplify price spikes within short periods.

Rachael Lucas described the combination of rising volume, technical breakouts, and liquidations as the “perfect recipe” for short-term volatility and price growth.

Crypto Market Recovery Continues in Early 2026

XRP’s surge came alongside broader strength in the crypto market. Bitcoin rose 7.4% over the past week to $93,719. Ether increased by 9.3% in the same period, trading at $3,225.

The GMCI 30 Index, which tracks the top 30 crypto assets, climbed 12.33% over the past week. The Fear & Greed Index ROSE to 26 from 11 in mid-December, suggesting improving sentiment despite remaining in the “fear” range.

Traders and analysts have also cited renewed regulatory clarity following Ripple’s settlement with the SEC. The resolution has improved confidence in XRP’s use in cross-border payments, which has historically been its Core focus.

Institutional investors appear to be broadening their crypto portfolios beyond bitcoin and Ether. XRP is seen as a major alternative due to its high liquidity, ETF availability, and established use cases in payment rails.