Why is XRP USD rallying 8.35% today?

XRP USD's **8.35%** gain reflects strong buying pressure and positive market sentiment. The ADX at **34.92** confirms a strong trend, while elevated volume of **7.07 billion** validates the move. Technical strength and potential positive news flow are driving the rally.

What does the RSI reading of 66.74 mean for XRP?

An RSI of **66.74** indicates strong buying momentum but not yet overbought (above 70). This suggests room for further gains before a pullback becomes likely. Traders typically watch for RSI above **70** as a signal to take profits or reduce exposure.

Is XRP USD overbought at current levels?

Yes, multiple indicators signal overbought conditions. The CCI at **381.84** and Stochastic %K at **76.34** both suggest extreme overbought readings. This historically precedes consolidation or pullbacks, making caution appropriate for new buyers.

What is the next price target for XRP USD?

Our monthly forecast is **$2.76**, representing a **17.4%** gain from current levels. The quarterly target stands at **$2.95**, while the yearly forecast is **$3.07**. These targets assume momentum sustains and support levels hold.

Where is the key support level for XRP USD?

The primary support sits at **$2.09**, marked by today's low. The Bollinger Band lower level at **$1.70** provides critical support below that. The 50-day moving average at **$2.02** also acts as dynamic support for pullbacks.

Crypto Insights

XRP USD Rallies 8.35% as RSI Signals Overbought Territory

ByDanny Kontos January 9, 2026January 9, 2026

XRP USD has gained 8.35% in the last trading session, pushing the price to $2.3475 as of January 9, 2026. This strong rally has caught the attention of traders monitoring technical signals. The cryptocurrency’s relative strength index (RSI) now sits at 66.74, approaching overbought conditions. Market volume has surged to 7.07 billion, significantly above the average of 4.49 billion. We’ll examine what’s driving this move and what technical indicators reveal about XRP’s near-term direction.