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Are you thinking of throwing your XRP? Hold your horses, surely you have a solid plan.
A well -known software engineer has expressed confidence in XRP Despite its strong decrease in the price in recent market agitation. The digital currency has fallen 16% to $ 1.76 amid the generalized sale in cryptocurrency markets.
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Market falls hit the main hard cryptocurrencies
Bitcoin The values have also collapsed, falling more than 8% to $ 76,000, according to market data cited in recent news. The sale of the sale seems to be part of a greater decrease that reaches several cryptocurrencies.
Vincent van Code, a renowned figure among software engineers, believes that recent price decreases are a Result of fear and not inherent problems with XRP itself. According to its evaluation, the existing sales pressure is not based on any substantial reason beyond the general feeling of the market.
Never panic would sell XRP in the current market.
Because? Because apart from the fear of the market, there is no foundations to support the XRP overturn.
In my opinion, XRP went from 0.54 to $ 3.40, largely due to the incoming administration of Pro Crypto.
Now, nothing has changed, except that the stock market has collapsed …
– Vincent van Code (@vincent_vancode) April 7, 2025
XRP: Price Price Spike attributed to political reasons
According to the Van code, the previous sudden increase in the XRP price of $ 0.54 to $ 3.40 was mainly driven by Pro-critication policy The anticipated optimism of the new administration of the United States. This suggests that the value of Token has been strongly influenced by political considerations instead of only technical improvements or adoption rates.
The engineer points out that nothing has changed fundamentally about XRP’s prospects, even when prices fall. It attributes the current market conditions for the purpose of spilling the traditional market volatility, indicating reports that the US stock market lost approximately $ 6.5 billion of value within a period of two days last week due to global commercial tensions.
Expert points out larger economic changes
Van Code connects the current market instability with what he describes as an important geopolitical and economic transformation. According to his statements, he believes that the United States government is involved in actions that have destabilized multiple economies as part of what he calls a “global financial restart.”
The engineer warns that such radical economic transformations generally require the breakdown of current structures before the reconstruction process, which implies that investors should be better prepared for greater volatility.
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In the market short
Instead of considering the decline as a reason to panic, Van Code considers predominant situations as possibly deliberate actions of influential market players. In their estimate, some investors have already obtained some quite good profits when shortening the market before the last price decreases.
He predicted that the same investors will change their positions in a short time and begin to buy again, possibly inducing what he called a “miraculous” market. Van Code draws an analogy with swimming near huge whales in a stormy, turbulent but possibly manageable sea with correct tactics.
The engineer urged XRP investors not to close their positions despite short -term price drops, saying that there is still a good possibility of a large price execution once the market conditions are stable.
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