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XRP Price Dips Below $0.50 Mark, Eyes Key Support Amid Market Sell-Off

  • XRP price dips below $0.50 mark, down 2.46% in the last 24 hours.
  • No change in legal dispute between Ripple and SEC, but institutional investors show increasing interest in XRP.
  • 21Shares proposes XRP-focused ETF, with support from Coinbase Custody Trust Company.
  • If price breaks above $0.51, it may climb towards $0.56; below $0.48, it may test $0.42 support level.

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