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The Ripple token, XRP, has been on a week-long rally as the price inches closer and closer to $1.20. The XRP token has soared by nearly 10% in the past 24 hours. According to data from crypto.news, Ripplexrp6.76%XRP continues to ride the high wave as it soars by 9.49% in the past 24 hours. At the time of writing, the token is currently trading hands at $1.17. Since early November, the XRP token has been steadily climbing up until it reached $1.19 on Nov. 17. In the past seven days, Ripple’s native token has gone up by 101.94%. Meanwhile, in the past month the token has shot up by 114.33%. XRP is ranked at number 6 on the cryptocurrency leader board, with a market cap of $66.5 billion. The token has a fully diluted valuation of more than $116 billion and a current circulating supply of nearly $100 billion. XRP price chart in the past month of trading, November 18, 2024 | Source: crypto.news XRP has been one of many major cryptocurrencies experiencing a rally on the heels of Bitcoin’s explosive rise to new all-time highs almost every week. One crypto analyst on X with the username @Cryptoinsightuk predicted that XRP “looks ready to erupt” in the middle of the ongoing rally. https://crypto.news/xrp-continues-its-bullish-rally-with-price-nearing-1-20/

#Research ad Discuss Uphold Hi Erwin and Minas Staff: would love for Minas to research and discuss this farther: https://youtu.be/-CZzWQC9oSk?si=7_CYWytOj0HcQNXx

11:49 . Nov 16 XRPUSD Ripple's XRPUSD price has shattered a nearly three-year-long barrier, climbing to $1 for the first time since November 2021. The milestone comes amid renewed optimism in the cryptocurrency market, fueled by bullish sentiment following rising interest and demand for the token. With trading volumes spiking and investor confidence rebounding, the question now is whether XRP can sustain this momentum or if a correction is on the horizon. The Ripple Token Breaks $1 Barrier After Almost Three Years Earlier today, XRP's price was $0.85. However, after a bullish engulfing candle appeared on the chart, the price spiked to $1.02, marking the first time the token had hit this level since the 2021 bull market. This price increase coincides with the positive development around the altcoin since Donald Trump's emergence as US president. But besides that, there have been several reasons why the Ripple native token has rallied to this point For instance, speculation around a potential XRP ETF has been gaining traction. Additionally, the altcoin experienced a significant uptick in institutional demand recently, coupled with its listing on Robinhood. These developments suggest rising interest in XRP within the U.S market. that, there have been several reasons why the Ripple native token has rallied to this point For instance, speculation around a potential XRP ETF has been gaining traction. Additionally, the altcoin experienced a significant uptick in institutional demand recently, coupled with its listing on Robinhood. These developments suggest rising interest in XRP within the U.S market.