16-03-2020 00:30 via newsbtc.com

As Ripple’s XRP Holds Key Level, Analyst Eyes 100% Rally: Here’s Why

Although all cryptocurrencies have had it tough over the past few weeks, XRP has been hit especially hard. The altcoin, the third-largest crypto asset by market capitalization, fell as low as $0.105 on Thursday from its 2020 high of $0.345 established just weeks earlier, marking a drop of 70%.
However, the cryptocurrency rapidly bounced back above $0.13 and is now trading at $0.15 as a recovery in the digital asset markets seems to be underway. A top trader has suggested that this recovery could
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