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    MarketForces Africa » Cryptocurrency » XRP Rises 4% to $2.09 on Escrow Locks, ETF Demand

    XRP Rises 4% to $2.09 on Escrow Locks, ETF Demand

    Julius AlagbeBy Julius AlagbeJanuary 4, 2026Updated:January 4, 2026 Cryptocurrency No Comments3 Mins Read
    XRP Rises 4% to $2.09 on Escrow Locks, ETF Demand
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    XRP Rises 4% to $2.09 on Escrow Locks, ETF Demand

    Ripple (XRPUSD) inched higher by more than 4% over the last 24 hours, outperforming Bitcoin (+1.4%) and Ethereum (+1%) amid a broader crypto market uptick of +1.53%.

    According to data from CoinMarketCap.com, XRP price hovering around $2.10 as cryptocurrency market volatility increased.   There were more buyers than sellers at the press time, tuning up the value of all cryptocurrency by 1.6% in 24 hours to $3.12 trillion on Sunday. 

    With 22% on the day decline in trading volume to $2.94 billion, XRP market value printed higher at $126.72 billion.   Key price drivers today stemmed from a derivatives-driven squeeze and technical buying, amplified by controlled supply dynamics.

    Ripple locked supply amidst demand for exchange traded funds in the market.  While bullish in the near term, the 30-day price change remains flat, suggesting broader uncertainty. But seller seems to be tired, and price reacting due to oversold conditions.

    The token rides bullish momentum with ETF inflows and technical breakouts but faces resistance hurdles, suggesting a potential retreat is not far away.

    Survival at this level indicates that Ripple valuation could spike amidst a valuation contest with BNBUSD.  Spot XRP ETFs have attracted $1.2 billion in net inflows since mid-November 2025, led by Canary Capital with $371 million and Grayscale at $213 million.

    Friday’s $13.6 million ETF inflow coincided with XRP reclaiming $2, which analysts think could further strengthen price recovery—at least in the short term.

    ETF buying absorbs circulating supply, with price predictions suggesting short-term resistance looms at $2.10–$2.25, where large sell orders cluster—analysts warn of consolidation if momentum stalls.

    XRP balances tightening supply (escrow locks, ETF demand) against technical resistance and whale selling. While midterm accumulation signs grow, traders await a decisive break above $2.20.

    With supply tightening and ETF demand growing, analysts see room for a move toward higher resistance zones – and if institutional inflows stay strong, long-term price targets could shift meaningfully higher into 2026

    Crypto analysts said the bullish 12-hour chart breakout from a descending channel has been active since late 2024. The move above $2.08 coincided with the rising Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) bullish crossover.

    Hence, technical traders interpreted the channel breach as a trend reversal signal, though the 200-day EMA ($2.39) remains 14% above current prices.

    Ripple re-locked 700 million XRP into escrow on January 4, keeping 34.185 billion XRP, which is 34% of the total supply, offline. GTCO Slides to £1,754.85m in London Stock Exchange

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    Julius Alagbe
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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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