Ripple's XRP shows strong performance at the start of 2026. After rebounding from a key support level, it successfully broke through the $2 psychological barrier. This surge represents a 7-fold increase since $0.3—though it took nearly six years to reach this milestone. However, it is worth noting that the current price remains under the resistance of the 50-day and 200-day moving averages. From a technical perspective, there are several signals worth paying attention to. First, the cluster of moving averages above the price has formed a clear resistance zone. While the breakout momentum is considerable, the risk of a pullback under this technical structure cannot be ignored. Second, the RSI indicator has entered the overbought zone, which typically suggests that the short-term bullish momentum may be waning. Market participants' behavior is also quite interesting. Recently, institutional funds have been quietly accumulating, but excessive expansion of the enthusiasm indicator often signals an approaching correction. Once trading volume begins to decline, the downward pressure may be released in a concentrated manner. Risks to watch include: firstly, although the technical resistance from moving averages is evident, sustained volume growth and further breakout strength could invalidate these resistance levels. Secondly, the ongoing lawsuit between the SEC and Ripple has yet to be resolved; any unfavorable judicial outcome could trigger a rapid decline in price. Furthermore, within the entire Web3 ecosystem, new developments in Ethereum, hot events on Solana, and innovative applications on other blockchains may attract capital flows, exerting relative pressure on XRP. In short, while XRP's breakout has indeed ended a long-term consolidation phase, determining whether this is a true trend reversal or a mid-term rebound requires further observation of volume performance and the final breakout of key moving averages. Every technical detail should be carefully considered.

XRP price has risen above $2, with a market cap briefly surpassing BNB. Over 500 million XRP have been escrowed until 2028, reducing circulating supply by over $1 billion, which supports the XRP price increase. On-chain data shows that long-term holders are increasing their holdings, reversing the selling pressure from the previous month. XRP price has increased by 6.7% in the past 24 hours and is currently facing resistance near $2.03.