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$XRP rose as much as 14% on Tuesday, reaching an intraday high of $2.41. At press time, $XRP was up 12.3% in the last 24 hours to $2.37 and up 27.4% weekly.
$XRP is extending its early 2026 rally, poised for its sixth day of gains since Jan. 1. $XRP saw a sharp surge on Monday, rising from $2.08 to $2.36, even as U.S. spot ETFs mark recorded volumes since debuting about two months ago.
Monday was a historic day for $XRP ETFs, which marked a record $64.44 million in volume. The group of U.S. spot ETFs also attracted $48 million in inflows on Monday, extending a green streak, which has not seen a single day of outflows since their Nov. 13 launch.
$XRP sentiment also got a boost after SEC Commissioner Caroline Crenshaw’s exit and continued talk around market structure legislation expected to move in January.
$XRP completes four-hour golden cross
The ongoing price move has produced a crucial breakout for $XRP, as it gains a footing above the $2 mark.
Likewise, short-term signals have improved, with golden cross signals appearing on lower time frames.
In the most recent of such, a golden cross has just been completed on the $XRP four-hour chart. The 50 MA rose above the moving average 200 on the four-hour chart, confirming a bullish golden cross signal.
Golden cross signals have also appeared on the one-, two- and three-hour charts, as $XRP gained traction at the start of 2026.
What do analysts say?
According to crypto analyst "Steph is crypto," $XRP is doing something very interesting at the moment. After a long corrective phase, "Steph is crypto" says $XRP has completed a clean wave-four structure, formed a falling wedge and is now breaking out.
The analyst likened this move to gold, adding that what stands out is how closely $XRP is tracking that same path, just delayed in time. He added that hard assets tend to move first, with higher-beta assets following. Gold already made its move, and $XRP is just starting to respond, the analyst said.