📈 The price of XRP has increased by 3.5% over the past 24 hours, continuing its rise following the general recovery of the cryptocurrency market. This bullish momentum is reinforced by reports that institutions were actively buying during the recent market decline caused by Mt. Gox.

- XRP attracted $400,000 in investment in the week ending July 5th. Since the report was published on July 8, the XRP/USD pair has increased by almost 10%.

- At the same time, the amount of XRP owned by the largest investors has increased slightly.

- From a technical perspective, XRP's rise today is part of a rebound from oversold conditions, a typical market reaction when an asset's relative strength index (RSI) falls below 30.

All this indicates growing confidence and investment among major market players.