XRP has been trading in the $1 price range for six consecutive days without dropping below that level. Currently changing hands at $1.11 as of press time, XRP is up by 103% over the last two weeks. This represents a significant feat for an asset that has underperformed in the market for years.
While XRP’s price action in recent weeks has been commendable, the asset remains significantly below its peak valuation. Specifically, at its current price, XRP is still trading at a 71% discount from its all-time high of $3.84.
