XRP Price Surges 12.77% to $2.36, Strong Support Maintained
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 07 2026- Price Surge: XRP's price increased by 12.77% to $2.36, reflecting strong market demand and investor confidence, positioning it as a standout performer among altcoins.
- Technical Analysis: Analysts indicate that the Elliott Wave theory suggests wave 5 is nearing completion, and if it successfully breaks above $2.40, it could propel prices further towards $3, showcasing strong bullish potential.
- Increased Trading Activity: With trading volume spiking, market interest in XRP has surged, indicating heightened engagement from both retail and institutional investors, potentially laying the groundwork for future price increases.
- Support Level Analysis: If XRP maintains its micro support between $2.09 and $2.25, it could facilitate the formation of wave 5, further solidifying its prospects in cross-border payments.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
