- XRP fell more than 17 % in one day, now trading at $ 1.76, while Bitcoin fell to $ 76,000.
- Vincent Van Code remains upward on XRP, describing the unjustified decline by the basics.
- Van Code blames panic for the wider market fear and a ongoing global economic reset.
Since the Crypto Market market is under massive sale pressure, XRP has become one of the most difficult assets, as it lost more than 17 % of its value today. The decrease decreased to the price drop to $ 1.76, fueling fears of the wider recession. But while retailers are scrambling for the exit, Vincent Van Code, a soft -respected software engineer in Blockchain space, remains in his position.
He speaks amid what many describe as a wave of liquidation that depends on fear, Van Code Make up There is no real essential reason to correct the acute XRP. Instead, chaos blames a mixture of global economic panic and predictable fluctuations that come with uncertainty.
XRP basics are still strong
Van Code noted that XRP’s basics are still intact. In his opinion, the dramatic height was from $ 0.54 to $ 3.40 earlier this year largely paid through the optimism of the renewed investor, especially in light of the pro -profit position of the new US administration. This political momentum has not disappeared. What changed is the mood of the market.
According to him, this correction is not a response to any deterioration in the interest of XRP or the ecosystem. Instead, it is one of the symptoms of the broader risk, many of which stem from the collapse of traditional markets. Last week, the US stock market was said to have been valued at more than 6.5 trillion dollars in just two days – comprehensive damage to an escalating global trade war.
According to him, what happens is not random. It claims that the United States government and its allies are participating in an economic war – destabilizing the competing economies, weakening the Fiat systems, and laying the basis for the new financial infrastructure.
But this reset is not related to immediate reforms or miracles overnight. “We are still in the rupture stage,” Van Code explained. “The reconstruction will come, but only after the old systems are completely divided.”
For XRP holders who watch their hanging portfolios, Van Code offers a different perspective: The decline in the market is a step calculated by strong institutional actors.
He believed that these main players have reduced the market for weeks – as they could have raised fear, which led to collapse, and waiting for the ideal moment to turn long situations. When this axis occurs, he says, the market can witness a dramatic reflection.
