news 
Analyst Says Next Three Months Will Be Interesting for XRP. Here’s Why
In a recent statement, respected analyst Vincent Van Code has expressed his optimism regarding the potential performance of XRP over the next three months. According to him, the cryptocurrency market will witness some significant developments that could impact XRP’s value.
Despite recent legal victories and increasing institutional interest, XRP’s price has remained relatively stagnant, trading at around $2.22. However, Van Code believes that this may be about to change as he points out several key factors that could propel the asset forward in the near future.
The analyst posits that early investors anticipated a favorable outcome in Ripple’s legal battle with the U.S. Securities and Exchange Commission (SEC) and accordingly positioned themselves before the ruling was made public. This, in turn, may have pre-empted any potential upward momentum that would typically follow such an event.
Van Code highlights that the market has already priced in the resolution of this case, thus no further gains can be expected from this development. He also emphasizes that legal clarifications will not drive XRP’s growth; instead, tangible adoption milestones are more likely to propel the asset’s value.
However, the analyst is upbeat about the prospect of institutional integration driving growth for the cryptocurrency. He notes that while some financial institutions have publicly disclosed their partnerships with Ripple, many others are still in the early stages of integrating the company’s technology into their operations.
The key takeaway from Van Code’s remarks lies in his assertion that the impending rollout of these integrations will be instrumental in unlocking XRP’s true potential.
Source: timestabloid.com
