News View Non-AMP

XRP’s Long Wait May Be Ending as Buying Pressure Builds

Published by
Anjali Belgaumkar

XRP is showing fresh signs of strength as new money flows into the market and prices move higher. After spending years trading within a narrow range, XRP is now breaking out, drawing attention across the crypto space as 2026 begins.

XRP is also turning heads for breaking out of a multi-year consolidation pattern. Analysts say this could align with a broader shift in 2026, where Bitcoin stabilizes and more capital flows into altcoins like XRP.

XRP Price Rises as Short Positions Get Cleared

Over the past 24 hours, XRP saw a sharp move higher as more than $250 million worth of short positions were cleared across the market. A large portion of this activity happened in just one hour, showing how quickly sentiment shifted.

This move followed the end of a major options expiry period, which often brings sudden price changes. Once that pressure passed, prices began moving higher, especially for XRP.

Coinbase Data Shows Fresh Money Entering XRP

One of the strongest signals came from Coinbase, the largest crypto exchange in the United States. Direct USD-to-XRP trading volume jumped more than 300%, showing that new money is entering the market rather than funds rotating from other cryptocurrencies.

This matters because USD inflows usually point to new participants entering the market. Similar activity was seen during earlier XRP rallies in past years.

Price Rises Even as Some Funds Exit

Interestingly, XRP’s price continued rising even while some funds were moving out. This happened because buy orders were strong enough to push prices higher despite those exits.

In simple terms, demand outweighed selling pressure. Even relatively small inflows were enough to lift prices, highlighting how sensitive XRP is to new demand at current levels.

XRP Moves Back Above $2 Level

XRP climbed from around $1.82 to above $2, reaching levels not seen since late last year. The move started early in the day and picked up speed as volume increased.

This rise happened with limited overall market activity, as many traditional financial players are expected to return fully next week.

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:

Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

Anjali Belgaumkar

Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

Recent Posts

XRP Price Prediction For June 20

XRP is testing one of the most important support levels of the past several weeks,…

June 19, 2026

RippleX Engineer Says the Market Stopped Talking Lawsuits and Started Talking XRP

Ayo Akinyele, Head of Engineering at RippleX, says the crypto market has moved past the…

June 19, 2026

Semiconductor Stocks Reach Record 18.8% of S&P 500

Semiconductor stocks now account for a record 18.8% of the S&P 500’s market capitalization, more…

June 19, 2026

Fidelity 500 Index Fund Provider Launches Stablecoin Reserve Fund

Fidelity has launched the Fidelity Reserves Digital Fund, a money market fund built for stablecoin…

June 19, 2026

Fundstrat’s Tom Lee Warns of “Abrupt” Bear Market Later This Year

Fundstrat's Tom Lee pushed back on the growing consensus that this week's Fed meeting was…

June 19, 2026

Why is Crypto Going Down Today?

Crypto is down today mainly because a wave of leveraged bullish positions was forced to…

June 19, 2026