XRP Price Prediction: ETFs Keep Buying as XRP Breaks $2.13 – Is the Next Stop a New All-Time High?
2026-01-07 08:55
XRP has jumped 10% in the past 24 hours as a surge in trading volume sparks renewed bullish momentum. A breakout above the $2.13 level and out of a key high-probability pattern supports a bullish XRP price prediction in the short term. Trading volumes soared by 130% in just one day, with $7.8 billion in XRP changing hands, a figure that represents 5.5% of the token’s circulating market cap. This spike signals aggressive buying interest and points to the possibility of a short squeeze unfolding. According to CoinGlass, $438 million in XRP short positions were liquidated yesterday as crypto markets roared back to life. Meanwhile, XRP’s climb pushed short liquidations to $24 million, the highest level on record since November 16 and the 6th highest short squeeze of the past 6 months. Interestingly, XRP’s gains exceeded by a long shot those of other altcoins during this same period. At the...
