XRP prices fell to less than two dollars for the first time since December 2024 on Monday, even after a number of positive developments in the encrypted currency.
The sudden decrease of many investors who have been hoping to send good news in recent times is its value to the top. Market analyst Vincent Van Code is attributed to this weak performance of basic economic issues, not with Xrp itself.
The Trump tariff is blamed for a decrease in the encryption market
VAN code is attributed to the last decline in cryptocurrencies to Definitions It was imposed by US President Donald Trump on other countries.
Van Code said that the tariff mode is just playing power to use economic pressure to get better negotiation conditions. He expects these commercial tensions to be short -term and may pave the way for the market to recover in the near future.
present #xrp Prices are not in line with the modern @ripple Market Advertnets, Sec into Cintrock News, XRP US Stockpile.
Do you think this is that XRP does not work well?
Me, no! This is the global stagnation in the market. Impacts across multiple markets and multiple countries and …
Vincent Van Code (Vincent_vancode) April 9, 2025
XRP basics
Even after declining to $ 1.64 on April 7, XRP showed a recovery by an increase of $ 1.82 – an increase of 10 %. Van Code noted that the basic strengths of Ripple and XRP have not changed. They are the best hundred times from last year SEC case He said that at its climax.
SEC’s accuracy, a possible inclusion in American digital asset reserves, and Ripple’s Gain the hidden road They were all considered positive developments for the encrypted currency.
Investment strategy while uncertainty in the market
Van Code described his approach to the market situation today, which indicates that he buys these assets like XRP when feelings are low but the basics are still in place.
He is looking at weekly plans for larger decisions and uses plans every hour to work during the day. The XRP commentator entitled “Fight Club” from Cryptos because of his ability to withstand the work of the market and stress.
XRP future growth drivers
To move forward, Code Van select three main drivers to adopt XRP: organization, use of companies, and strong partnerships. Investors warned against avoiding the vulnerability of short -term price fluctuations due to external effects such as the customs tariff scenario.
The analyst said that it will not be eager unless XRP is the only cryptocurrency that decreases in value. It is also mentioned that the current decline is part of the direction of the larger market and not for XRP.
The cryptocurrency market still responds to economic policy, as investors are looking for indicators to solve the problem of customs tariffs. Most XRP supporters are optimistic that once these external pressures disappear, the price will accurately reflect the largest good news around Ripple and its currency.
Distinctive image from Unsplash, tradingvief chart
