XRP is trading around $1.38 after a Sunday pullback, but the dip might be short-lived. The weekly TD Sequential indicator has just flashed a buy signal, and the MACD has formed a deep golden cross — two technical patterns that historically precede sustained rallies. Meanwhile, XRP has overtaken Binance Coin (BNB) to become the fourth-largest cryptocurrency, with a market valuation topping $84 billion.
Institutions are buying
Institutional investors have been accumulating XRP through spot ETFs. The data shows steady inflows over recent weeks, a trend that often precedes price appreciation. With XRP now commanding a market cap over $84 billion, it's drawing interest from larger allocators who had previously focused on Bitcoin and Ethereum. The ETF flows are a concrete sign that traditional finance is warming to the asset, especially after the legal clarity from the SEC case.
Surpassing Binance Coin
XRP's rise past BNB in market cap rankings marks a shift. BNB had held the fourth spot for months as Binance's ecosystem grew. But XRP's market cap has swelled past $84 billion, fueled by positive sentiment and institutional demand. The move reflects XRP's growing adoption and the regulatory clarity that has improved since the SEC case concluded. It's now the largest asset in its category behind Bitcoin, Ethereum, and Tether.
For now, traders are watching whether XRP can hold above $1.30 and reclaim the $1.40 level. The technical setup is bullish, but the Sunday pullback showed that resistance remains. The next few days will test whether the buy signals translate into upward momentum. If the golden cross and TD Sequential signal play out as they have historically, XRP could be poised for another leg higher — but in crypto, nothing is guaranteed.
