XRP is showing strength by holding above a key support level despite facing significant selling pressure and fear in the cryptocurrency market. The digital asset experienced a 20% retracement since August 24 but has managed to remain stable above the $0.50 mark.
This crucial support level has become a point of focus for investors and analysts, suggesting that XRP may demonstrate resilience. Some analysts are now predicting that XRP could reach as high as $50 in this market cycle.
