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XRP Price Skyrockets 12% in Single Day - What’s Fueling the Rally?

XRP Price Skyrockets 12% in Single Day - What’s Fueling the Rally?

Author:
Coingape
Published:
2026-01-06 05:58:17
19
1

XRP just ripped through the charts with a double-digit surge—traders are scrambling as the digital asset posts its strongest daily gain in months.

The Numbers Don't Lie

A clean 12% climb in 24 hours puts XRP back on every crypto trader's radar. That kind of movement doesn't happen in a vacuum—it screams momentum shift.

Behind the Pump

Market whispers point to renewed institutional interest and a few key exchange listings. Some analysts cite technical breakouts, while others nod to broader crypto market tailwinds. Either way, liquidity's flowing in.

Trading Floor Sentiment

Options activity spiked overnight. Leverage is building. Social volume's through the roof—everyone's suddenly a XRP bull again. Classic crypto: yesterday's dead coin is today's darling.

What's Next?

Watch the resistance levels. If this holds, we could be looking at a sustained move. If not? Well, enjoy the ride while it lasts—just remember most overnight pumps attract the usual crowd of bag-holders by morning.

XRP Price Surge 12% in Last 24 Hrs

XRP price surged nearly 12% to around $2.40, extending its early-2026 rally as demand outpaced supply. The price broke above a key resistance level that had limited gains for weeks. Strong institutional buying helped fuel the move, with U.S. spot XRP ETFs seeing $48 million in inflows. At the same time, XRP held on exchanges fell to multi-year lows, reducing selling pressure. High trading volume confirmed the breakout, showing the rally is backed by real market demand.

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