The Ripple price (XRP/USD) has made an attempt to reclaim the $0.50 mark, but has so far failed to secure a stable position above the psychological level.
The third-largest digital currency experienced a sharp decline in the early hours of the session and then spent the rest of the session on a downward trajectory. This eventually led to Ripple dropping below the key level of $0.50. While the cryptocurrency attempted to reclaim the level, it eventually finished at $0.493. This was significantly lower than its opening level of $0.536.