XRP price holds firm amid 30% volume spike

image

Source: CryptoNewsNet Original Title: XRP price holds firm amid 30% volume spike Original Link:

XRP Price Showing Bullish Resilience

XRP price is demonstrating bullish resilience as it holds above $1.85 amid a significant volume increase. As broader digital asset markets navigate post-Christmas sessions, the Ripple-associated token shows underlying strength, supported by institutional interest and improving market dynamics.

Consolidation and Technical Strength

Over the Christmas period, XRP exhibited relatively subdued price movement, consolidating around the $1.85 level. Bulls successfully defended key support below $1.90, preventing deeper corrections despite reduced participation typical of holiday trading.

This steadfast defence has positioned the asset for a potential rebound, particularly if momentum builds in the upcoming post-holiday sessions.

Volume Surge Signals Renewed Interest

Despite the muted price movement, spot trading volume registered a notable 30% increase in the past 24 hours. The token attracted over $2 billion in daily volume on Friday, marking a 30% increase within the 25-hour period.

This signals renewed interest from market participants, with the dip below $2.00 potentially offering a buy opportunity.

Supportive Market Backdrop

This uptick in activity coincides with positive developments in the wider cryptocurrency space. While XRP has shown modest gains as bulls eye $2.00, Bitcoin reclaimed the $88,000 threshold. The flagship cryptocurrency’s recovery above this level has provided a supportive backdrop, lifting sentiment across altcoins, including XRP.

Analysts note that the holiday lull often results in compressed volatility. However, the latest volume spike suggests accumulating buying pressure.

Should trading liquidity return robustly in the new year, technical indicators point to an upside breakout. The $1.90 area serves as the immediate hurdle.

Institutional Adoption Accelerates

Institutional adoption of XRP continues to accelerate, as spot exchange-traded funds (ETFs) dedicated to the token have surpassed a significant benchmark. Total net assets under management across these products have now exceeded $1.25 billion, marking a rapid accumulation phase since their launch.

Consistent inflows have driven this growth, with recent sessions adding over $11 million in fresh capital. This milestone underscores strong demand from professional investors seeking regulated exposure to XRP, even as spot prices remain range-bound.

The steady inflow pattern contrasts with occasional outflows seen in more established Bitcoin and Ethereum ETFs, highlighting XRP’s appeal in diversified crypto portfolios.

Market observers attribute the robust ETF performance to growing confidence in Ripple’s ecosystem, including advancements in cross-border payments and regulatory clarity.

Outlook for 2026

As these funds continue to attract capital, they provide a stabilising force for XRP’s price, potentially setting the stage for broader appreciation in 2026.

Overall, XRP’s current firmness amid heightened volume reflects a maturing asset class resilient to seasonal slowdowns. With institutional inflows reaching new highs and technical setups favouring bulls, the token appears well-positioned for potential gains as market activity normalises.

XRP0,97%
BTC0,35%
ETH0,26%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)