XRP just hit its highest weekly close in three years! ๐ After surging above $1, XRP is showing strong bullish momentum in the XRP Ledger ecosystem. ๐ In the past week, XRP has skyrocketed 105%, beating Dogecoin and now has a market cap of over $65 billion. ๐ฐ
Just a week ago, XRP was trading around 50 cents, but it has now broken through a multi-year resistance level and hit a weekly high of $1.26 on November 16, before closing at $1.0545. ๐ฒ This latest performance has increased XRPโs monthly and yearly gains to 116% and 97%, making it the best performer among the top 20 cryptocurrencies! ๐
Analysis shows that price targets for XRP are starting to be discussed, with some analysts like Egrag predicting it could reach $17, while others suggest targets of $5, $8, and $11, thanks to optimistic regulatory developments in the US and the possible settlement of Rippleโs case with the SEC. ๐ฎ Currently, XRP is trading at $1.12, recording a 14% increase in the last 24 hours. ๐ฅ
So, get ready to see where XRP is headed next! ๐