Crypto News

XRP rebound continues with over $13 billion inflow in a day

2026-01-06 19:35

XRP rebound continues with over $13 billion inflow in a day

XRP’s rebound gathered further momentum over the past 24 hours, with fresh capital inflows pushing the token’s market capitalization sharply higher and extending its early-2026 rally. As of press time, XRP was trading at $2.35, up more than 9% on the day, lifting its weekly gains to over 25%. XRP seven-day price chart. Source: Finbold At the current price, XRP is trading comfortably above its 50-day SMA near $2.03, signaling strong short-term momentum. However, it remains below the 200-day SMA at around $2.45, indicating persistent long-term resistance. However, the 14-day RSI near 75 shows XRP is overbought, suggesting recent gains may be stretched and that a short-term pullback or consolidation is possible. XRP’s price advance drove a sharp rise in market value, lifting its market capitalization to $142.81 billion at press time from $129.74 billion a day earlier, representing an inflow of $13.07 billion. XRP 24-hour market cap chart. Source:...

https://finbold.com/xrp-rebound-continues-with-over-13-billion-inflow-in-a-day/