XRP Price Prediction As $0.5 Breakdown Hint Further Correction Ahead

Amidst the current uncertainty around the Spot Bitcoin ETF, the crypto market witnessed high volatility this week. On October 16, a majority of major cryptocurrencies witnessed significant buying pressure, but many failed to sustain these gains and followed an immediate reversal. Thus, the 5th largest cryptocurrency $XRP tried to regain $0.5 psychologically but experienced a notable supply pressure from above.