Sentiment indexes show bullish investor mood toward XRP stock price as legal uncertainty subsides. Traders are placing stop orders just above $0.62 for potential upside capture. These moves cast doubt on XRP's future, and even though it has done well lately, its performance has been primarily due to the political climate. XRP skyrocketed after the election of Donald Trump, who ushered in a more crypto-friendly regulatory environment. This was especially beneficial for XRP, as issuer Ripple was involved in a lawsuit with the SEC at the time. Trevor Jennewine has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and XRP. The Motley Fool recommends Standard Chartered Plc. The Motley Fool has a disclosure policy . XRP stock price has mirrored broader crypto swing patterns, holding gains above $0.
