๐ Market reaction:
$XRP spiked โ hitting roughly $3.20โ$3.30 on the news before pullbacks and profit-taking; expect high intraday volatility as traders rotate in/out.
Momentum & sentiment:
Analysts flagged bullish patterns and heavy institutional buying during the rally (some analysts even pointing to multi-dollar targets if momentum holds), but be cautious โ rallies after legal wins often see fast retracements.