XRP Price Soars 8% To Flip BNB As The Third-Largest Crypto

The XRP worth soared 8% over the previous 24 hours to commerce at $2.03 as of 1:10 a.m. EST on buying and selling quantity that skyrocketed 211% to $4.3 billion.

XRP recovered costs above $2, boosting its market capitalization to about $123 million, per CoinMarketCap. This places it again in third place amongst crypto property, outranking BNB with a market worth of over $120 million.

💥 BREAKING:$XRP FLIPS BNB TO BECOME THE 3RD LARGEST CRYPTOCURRENCY IN THE WORLD BY MARKET CAP! pic.twitter.com/3CSZqtaYbi

— STEPH IS CRYPTO (@Steph_iscrypto) January 3, 2026

The current rally comes because the digital asset market reveals renewed power, because the crypto area jumped over 2% to a $3.07 trillion market capitalization. This surge noticed BTC get better above the $90,000 psychological resistance, as ETH continued to commerce above the $3,000 space.

Furthermore, the US spot XRP exchange-traded funds (ETFs) proceed to defy market volatility, sustaining an ideal streak of every day inflows, in response to SoSoValue knowledge.

Can the worth of XRP proceed hovering in the long run?

XRP Value Breaks Out – Poised For A Sustained Surge

The XRP worth is exhibiting indicators of a sustained surge after breaking out of the falling wedge sample and buying and selling repeatedly above the decrease Fibonacci help degree at $1.91.

This surge comes because the Ripple token worth phases a restoration, after a sustained downtrend that noticed XRP plunge from an all-time excessive of round $3.66.

XRP dropping was additional fueled when the worth of XRP dropped beneath each the 50-day and 200-day Easy Transferring Averages (SMAs), forming a demise cross round $2.63.

The drop drove the worth of XRP to cross important Fibonacci help ranges, with the $1.90 performing because the current demand space.

This space has allowed the bulls to stage a restoration, as the worth of the Ripple token broke out of the falling wedge and crossed the 50-day SMA ($2.01).

The Transferring Common Convergence Divergence (MACD) has additionally flipped bullish, because the blue MACD line has efficiently crossed above the orange sign line. The inexperienced bars forming above the impartial line additionally present that patrons are stepping in to drive constructive momentum.

In the meantime, the Relative Power Index (RSI) additionally helps a bullish rally, because it has jumped previous the 50-midline degree to the present degree round $58, exhibiting that patrons are actively getting into the market.

Ripple Token Value Outlook

Primarily based on the XRP/USD chart evaluation on the every day timeframe, the XRP worth is poised for a sustained restoration after breaking out of the falling wedge sample and the 50-day SMA.

Supported by the constructive indicators, the Ripple token might nonetheless surge, because it targets key resistance ranges on the Fibonacci Retracement chart, the subsequent being round $2.2 and $2.45, on the 0.786 and 0.618 Fib zones. A continued rally might see XRP climb to the 200-day SMA at $2.56.

Conversely, if the RSI climbs and reaches an overbought space, sellers might begin reserving income from the surge, which might see the Ripple token drop again to the $1.90 help space.

A drop beneath this space might see XRP plunge to the earlier help space round $1.79, performing as a cushion in opposition to downward stress. 

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