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🚀 XRP Soars To 16-Month Highs 

Word On The Street: XRP has seen a remarkable surge, marking a 7% increase over the past 24 hours, significantly outperforming the broader cryptocurrency market.

The details:

• XRP climbed from a low of $0.6833 on Nov. 14 to an impressive 16-month high of $0.8479, representing a staggering 24% gain before settling

• On Nov. 18, open interest (OI) for XRP futures hit an all-time high of $2.13 billion, a 77% jump from the previous day’s $1.2 billion

• XRP’s recent rally has converted critical levels like the 100-week SMA ($0.52) and the 50-week SMA ($0.57) into robust support zones.

Why it matters: XRP’s explosive price action reflects growing confidence in the asset, driven by network upgrades, institutional partnerships, and bullish technical patterns.

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