XRP to witness a major recovery in the crypto market

XRP is in the spotlight after the asset recorded its highest weekly close in 2024, trading above $0.64. This achievement is significant for the price of XRP. It has been unable to break the $0.60 level in the past few months.

XRP price trends have accelerated after the general bullish trend in the crypto market. This recovery has led to discussions about its future as the year comes to a close.

XRP Weekly Close at $0.64 Marks New High in 2024

Ripple XRP price surged over the weekend, reaching a high of $0.6622. At the time of writing, it was trading at $0.6518. This represents a 6% increase in 24 hours, which has led the token to reach its highest weekly close of the year.

Specifically, this price level was last observed in March 2024. This means that the price of XRP has reached its highest level in six months.

The coin has now surpassed Circle’s USDC in terms of market cap. XRP’s current valuation is $36.8 billion.#BinanceTurns7 #TopCoinsJune2024 #MarketDownturn