by Coinstrooper Crypto Articles
Quick Take
  • The XRP price prediction suggests that Hyperliquid’s leading perpetual DEX volume could drive XRP’s price above $2.70 by the end of January.
  • Traders can now combine FXRP spot markets with perpetuals to hedge exposure, execute directional strategies, or simply buy and sell XRP exposure across venues.
  • This enables them to benefit from over $250 million of XRP open interest on perpetual markets that previously lacked the means to hedge the asset.
  • If price can maintain this level without breakdown, a bullish reversal that could establish a breakout above $2.70 represents the likely outcome.

What Happened

XRP spot trading has launched on Hyperliquid through Flare’s blockchain interoperable smart contract, which debuted the FXRP/USDC pair on the perpetual DEX marketplace.

Hyperliquid’s orderbook is expected to provide XRP investors with deeper liquidity and professional-grade trading tools designed for high-volume and sophisticated traders.

Pepenode Offers Investors 517% APY Ahead of XRP Breakout.

Market Context

The XRP price prediction suggests that Hyperliquid’s leading perpetual DEX volume could drive XRP’s price above $2.70 by the end of January.

First XRP Exposure on Hyperliquid Expands Trading Options

According to an official statement from Flare, the listing represents the first XRP exposure on Hyperliquid, bringing FXRP to one of today’s most liquid on-chain trading venues.

Traders can now combine FXRP spot markets with perpetuals to hedge exposure, execute directional strategies, or simply buy and sell XRP exposure across venues.

This enables them to benefit from over $250 million of XRP open interest on perpetual markets that previously lacked the means to hedge the asset.

If price can maintain this level without breakdown, a bullish reversal that could establish a breakout above $2.70 represents the likely outcome.

XRP Price Prediction: Daily Chart Shows Potential Breakout Formation

On the technical side, the daily XRP chart displays a market attempting to transition from a prolonged corrective phase into early recovery, though one still requiring confirmation.

Price has just pushed above a well-defined descending trendline that capped rallies for several months, signaling a potential bullish breakout from the downtrend.

The short-term moving average has turned upward, and price briefly traded above it, reflecting improving near-term momentum.

That said, the latest pullback toward the $2.15-$2.20 area suggests the market is retesting the breakout rather than immediately accelerating higher.

The RSI has rebounded sharply from lower levels and remains above the neutral 50 mark, indicating buyers are regaining control without the market being overheated.

Pepenode is a new crypto project that’s already raised over $2.3 million despite challenging market conditions.

Why It Matters

The absence of bearish divergence suggests room still exists for upside if demand follows through.

If XRP can stabilize above the trendline and reclaim $2.30-$2.50 on strong daily closes, the path opens toward retesting $2.70, with a clean break above that level likely targeting the $3.00 resistance next.

If XRP finally breaks the $2.70 range and starts climbing again, meme coins like Pepenode (PEPENODE) could experience another explosive rally.

Details

Although XRP is down over 2% on the day as it reacted to the broader crypto correction, chart analysts have observed that XRP remains holding firmly at key multi-month support around $2.20.

However, XRP hasn’t yet reclaimed the broader range structure, as it currently trades below the $2.70 range high and well under the major psychological resistance at $3.00.

This zone represents critical support now.

Holding it would validate the breakout and preserve bullish structure, while sustained movement back below it would imply a false break and renewed consolidation.

It’s a game where you can mine coins without needing expensive hardware setups.