XRP price remains consolidated at $0.56 even after the market slumped on September 3 and 4. This showcases significant resilience by XRP.
Investors and traders exhibited a strong optimistic sentiment by quickly purchasing during the drop below crucial support, creating a long wick.
Another key factor in this scenario is the new development in the ongoing Ripple versus SEC appeal, which keeps speculation high among the investors.
Despite market volatility, XRP's performance reflects positive investor sentiment and resilience.
