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HomeCrypto NewsMarketExperts Highlight Two New XRP Milestones Achieved in Ongoing Rally

Experts Highlight Two New XRP Milestones Achieved in Ongoing Rally

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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. 

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New Weekly Close Above $0.75 Since March 2022

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. 

Highest Daily Close Since December 2021

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. 

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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. 

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Lele Jima
Lele Jima
Lele Jima is a cryptocurrency enthusiast and journalist who is focused on educating people about how the nascent asset class is transforming the world. Aside from cryptocurrency-related activities, Jima is a lover of sports and music.

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