BTCC / BTCC Square / Coingape /
XRP’s Long Wait May Be Ending as Buying Pressure Builds: The $0.60 Breakout Beckons

XRP’s Long Wait May Be Ending as Buying Pressure Builds: The $0.60 Breakout Beckons

Author:
Coingape
Published:
2026-01-04 16:48:18
19
3

XRP's patience game hits a tipping point. After months of sideways action, the digital asset shows unmistakable signs of accumulation. On-chain metrics whisper what the charts are starting to shout: institutional and retail wallets are loading up, betting the long regulatory winter is finally thawing.

The Technical Setup: A Spring Coiled Tight

Forget the noise. The story is in the volume and the order books. Sustained buying pressure is eating through sell walls that once seemed impenetrable. Key resistance levels are being tested not with a speculative spike, but with a steady, grinding ascent that suggests conviction, not just hype. It's the kind of price action that makes day-traders nervous and long-term holders smile.

Beyond the Charts: The Liquidity Engine Revs

This isn't just a technical play. The underlying utility of XRP as a bridge asset for cross-border settlement is moving from PowerPoint to production. Major payment corridors are seeing real volume, turning the token from a speculative proxy into a functional piece of financial infrastructure. Every transaction fees paid in XRP, every corridor activated—it adds a brick to the foundation.

The Catalyst Waiting in the Wings

Let's be real—the market has a long memory. The shadow of past regulatory battles still lingers. But legal clarity, even if imperfect, acts as a pressure release valve. The narrative is shifting from "what if they sue" to "how fast can they scale." That shift in sentiment is a fuel all its own, often more powerful than any court ruling.

A Cynical Nod to Tradition

Watch the traditional finance crowd. They'll call it volatile right up until the moment their quarterly reports need a little 'digital asset alpha' to spice up otherwise dismal yields. Nothing brings innovation into focus like underperformance in your own backyard.

The Bottom Line: The Wait Gets Heavy

Markets hate uncertainty, but they love resolution. XRP has digested years of it. Now, with building buying pressure and a use case finding its feet, the asset looks less like a legal battleground and more like a network hitting its stride. The long wait may not just be ending—it may have been the necessary prelude to a much louder, more substantive next act. Time to pay attention.

XRP Price Prediction

XRP is showing fresh signs of strength as new money flows into the market and prices move higher. After spending years trading within a narrow range, XRP is now breaking out, drawing attention across the crypto space as 2026 begins.

XRP is also turning heads for breaking out of a multi-year consolidation pattern. Analysts say this could align with a broader shift in 2026, where Bitcoin stabilizes and more capital flows into altcoins like XRP.

XRP Price Rises as Short Positions Get Cleared

Over the past 24 hours, XRP saw a sharp MOVE higher as more than $250 million worth of short positions were cleared across the market. A large portion of this activity happened in just one hour, showing how quickly sentiment shifted.

This move followed the end of a major options expiry period, which often brings sudden price changes. Once that pressure passed, prices began moving higher, especially for XRP.

Coinbase Data Shows Fresh Money Entering XRP

One of the strongest signals came from Coinbase, the largest crypto exchange in the United States. Direct USD-to-XRP trading volume jumped more than 300%, showing that new money is entering the market rather than funds rotating from other cryptocurrencies.

This matters because USD inflows usually point to new participants entering the market. Similar activity was seen during earlier XRP rallies in past years.

Price Rises Even as Some Funds Exit

Interestingly, XRP’s price continued rising even while some funds were moving out. This happened because buy orders were strong enough to push prices higher despite those exits.

In simple terms, demand outweighed selling pressure. Even relatively small inflows were enough to lift prices, highlighting how sensitive XRP is to new demand at current levels.

XRP Moves Back Above $2 Level

XRP climbed from around $1.82 to above $2, reaching levels not seen since late last year. The move started early in the day and picked up speed as volume increased.

This rise happened with limited overall market activity, as many traditional financial players are expected to return fully next week.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

All articles reposted on this platform are sourced from public networks and are intended solely for the purpose of disseminating industry information. They do not represent any official stance of BTCC. All intellectual property rights belong to their original authors. If you believe any content infringes upon your rights or is suspected of copyright violation, please contact us at [email protected]. We will address the matter promptly and in accordance with applicable laws.BTCC makes no explicit or implied warranties regarding the accuracy, timeliness, or completeness of the republished information and assumes no direct or indirect liability for any consequences arising from reliance on such content. All materials are provided for industry research reference only and shall not be construed as investment, legal, or business advice. BTCC bears no legal responsibility for any actions taken based on the content provided herein.