XRP Surges 22% in a Week, Attracting Market Attention
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 07 2026- Strong Market Performance: XRP has surged over 5% in the last 24 hours and 22% in the past week, showcasing its robust performance among large-cap cryptocurrencies, which has attracted investor attention and boosted market sentiment.
- Cautious Technical Analysis: Despite the strong short-term performance, market analyst Peter Brandt notes that XRP has not established a clear trend on higher timeframes, remaining confined within a broad consolidation zone that reflects market indecision.
- Key Resistance Levels: Brandt's analysis indicates that XRP must sustain trading above the critical resistance level of $3.50 to confirm a genuine breakout, with the current price around $2.35 requiring nearly a 50% appreciation to reach this threshold.
- Institutional Participation Support: Recent inflows linked to U.S.-based XRP spot exchange-traded products have provided support for the current rally, although Brandt emphasizes that sustained confirmation, rather than short-term price strength, is essential for assessing market trends.
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.
