XRP has reclaimed the $2 price level in early January trading, marking its strongest price point since late December 2025. The token climbed back above the $2 mark on January 2, trading as high as $2.05 during the session before settling near $2.03. This move extends a late-week advance after several days of sideways movement between roughly $1.83 and $1.90.
The price action represents a transition from range-bound consolidation into a short-term breakout attempt. The $2 level now acts as a key reference point, with holding above it keeping the recent upside move intact. As of the latest data, XRP's market capitalization stands around $123 billion with 24-hour volume close to $5.9 billion.
This surge has enabled XRP to flip Binance Coin (BNB) in market capitalization rankings, reclaiming the fourth spot. XRP's market cap has neared $122 billion, surpassing BNB's $120 billion. BNB saw a more modest 1% daily gain and 4.4% weekly increase compared to XRP's double-digit jump from $1.86 to a three-week high of $2.05.
Analyst Swiss (@swisstrader09) points to $2.10 as the key level between continuation and further consolidation, noting that XRP shows a "clean structure" on higher time frames. The chart shared by Swiss shows XRP breaking out of a descending trendline that guided price lower for several months, now moving into a former support and resistance band around $2.05–$2.10.
Sustained trading above $2.10 would signal a structural flip rather than a short-lived bounce, according to Swiss's analysis. The chart projects a potential move toward the $3.30–$3.40 region if XRP flips $2.10 into support and consolidates above it, aligning with prior horizontal resistance zones from earlier market cycles.
Other analysts are equally bullish. Cobb, a vocal Ripple supporter, predicts that XRP will never go below $2 again, despite trading excruciatingly close to that level. Analyst CW indicated that the XRP rocket launched after breaking past the first resistance at $1.90, noting that the number of XRP short positions is quite slim, which shouldn't hinder continued momentum.
On a macro scale, CW explained that XRP's Phase 4 has just begun, with breaking through the $3.65 July 2018 all-time high being the "top priority" that could send the token even higher.
