There have been a positive response of the market following the court rulling in favour of Ripple (XRP). The crypto market cap gained as much as 6.5% in the last 24 hours. Truly, we cannot deny the excitement that comes with this among crypto enthusiasts. But are we truly out of the woods? Is this enough fuel to sustain an upward trajectory?
Yesterday when i randomly checked coinmarketcap i was really surprised to see basically every crypto project in the green zone and of course ripple with a pump of 80% at that time. Then when i read the news about that court ruling i also knew the reason for that. This was not only a great ruling for ripple but for the crypto market as a whole.
I don't really think though that we are out of the woods yet to be honest. At the moment the market is already correcting a little again but of course this is also normal after such a heavy and almost instant pump.
I still think that we still have to wait a little longer, until a real bull market starts.
