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Prominent crypto experts, such as Abdullah Nassif and Anderson, call attention to two new milestones achieved by XRP.
XRP’s jaw-dropping performance in the past few days has left many investors stunned. The coin, which plunged below $0.52 after the SEC appealed the Ripple ruling, has skyrocketed to the $0.9 mark.
XRP Achieves 2 Major Milestones
Following its remarkable performance, top crypto experts called the public’s attention to two significant milestones XRP achieved recently.
According to an X post, Abdullah Nassif of the Good Morning Crypto podcast emphasized that XRP’s surge to $0.9 marks its first weekly close above $0.75 in over two years.
Nassif emphasized that the last time XRP had a weekly close of $0.75 was in March 2022, suggesting that the coin has failed to surpass this level ever since. At the time of the post, XRP was trading at $0.9081, with a 26.98% daily increase.
🚨 JUST IN: $XRP IS BACK TO $0.90!💥🚀
This would be XRP’s first weekly close above $0.75 since March of 2022! https://t.co/yDXuf2Z2Is pic.twitter.com/E8OFF4IurW
— Good Morning Crypto (@AbsGMCrypto) November 15, 2024
Furthermore, Anderson, a widely-followed digital asset researcher, highlighted another significant feat achieved by the seventh-biggest cryptocurrency.
In a tweet today, Anderson claimed XRP’s daily closing price spiked to a level not seen since December 27, 2021, nearly three years ago. It is worth mentioning that XRP was hovering at around $0.9 when Anderson made the comment.
XRP Moves Close to Hitting $1
Meanwhile, XRP has continued to register significant gains as it looks forward to rising above the $1 mark. Its recent attempts to hit the $1 mark have failed in the hours leading up to press time.
Currently, XRP is trading at $0.9742, less than $0.0258 away from hitting the coveted $1 price mark. Should XRP hit $1, it would be 73.95% shy of reaching its previous all-time high of $3.84, registered nearly seven years ago on January 4, 2018.
Notably, XRP boasts a 24-hour trading volume of $12.14 billion and a market cap of $55.46 billion. The coin is currently up 23.79% over the past 24 hours and has grown 74.52% over the past 7 days.