Analyst Vincent Van Code warns XRP enthusiasts not to expect a big price increase on December 31st and advises taking a break during the holidays.
As the year comes to a close, there is a lot of speculation in the XRP community about possible price movements. Many XRP enthusiasts are expecting a major event today that could trigger a significant price increase for the digital asset.
However, Vincent Van Code, a software developer and voice in the community, has done so warned against relying too much on these predictions.
Low probability of a major event
In a tweet shared with his followers, Van Code expressed skepticism about the chances of a “big” XRP rally on December 31st. According to him, the probability of such an event is extremely small – about 1 in 1,000.
Furthermore, he stressed that there is little real evidence that a significant market move is imminent. Accordingly, he urged community members to weigh the risks before making investment decisions based on the speculation.
“Is this risk worth it?” Van Code asked, pointing out the importance of relying on reality rather than chasing speculative trends without strong backing.
In fact, the crypto market is largely bearish today, the last day of the year, and XRP is among the victims. XRP is down 2% today and is struggling to maintain the $2 price. It even briefly reached the $1.9 mark before stabilizing again at $2.
Holiday season and limited market activity
Additionally, Van Code reminded the XRP community that many industry professionals take a break during the holiday season. “Who actually works?” he asked.
He suggested that key figures and…
