Krutika Adani
Despite the current bearishness and market corrections, XRP has maintained its bullish stance.
Today's market correction saw XRP drop 2.11% but still could not bring it below the support level of $0.55.
As long as the price of XRP is above $0.51, it can be considered inside the bullish territory.
The reason for such bullishness in XRP is its status as a crypto that cannot be labelled as security by any regulator. Also, XRP is used heavily for cross-border transactions.
As soon as markets become bullish, we expect XRP to cross $0.72, followed by $0.88, before it finally crosses $1.