XRP is flashing fresh bullish signals in the crypto market, reigniting trader speculation about whether today’s surge could be the start of a much larger breakout. At the moment, XRP is trading around $3.

XRP price rose slightly on Monday as sentiment in the crypto market improved and odds of a bull run jumped. Ripple token was trading at $3.2635, up sharply from this month’s low of $2.7290. This article explores the top reasons why Ripple price is on the cusp of more gains.

XRP price has created a golden cross, hinting that more gains are likely. However, setbacks are still present after BlackRock said it has no interest in

While XRP remains the third-largest cryptocurrency by market cap, it has never been a big favorite of institutional buyers. A good reason for that is that there has never been a convenient, efficient, and cost-effective way for them to get exposure to it. Buying XRP meant dipping their toes into the deep end of the crypto pool.

The third largest cryptocurrency is nearing record highs after the SEC and Ripple Labs apparently agreed to end long-simmering legal disputes. XRP is the third-largest cryptocurrency by market cap—or the total value of all its coins—which currently stands at just over $196 billion,