After days of selling off, Ripples XRP finally saw some bullish movements. At the time of this writing according to
coinmarketcap.com, it shot up by 9.31% and is valued at $0.288953. XRP fell significantly since its all-time high of US$3.78 at the start of the year. Its market capitalization is US$11.37 billion today as it stands. Do you think Ripple XRPs market sentiment has something to do with Ripple Labs fundamental news where it won a court case?
I don't think that the latest price movement is related to fundamental reasons. The crypto market in general is bouncing for technical reasons. Let's see if this was the bottom for 2018. I think so. What do you think?