Software Engineer Says XRP Is Rising, but Be Cautious of This Red Flag

Key Points

1. Vincent Van Code highlights that XRP's current daily trading volume (~$1.7B) is far below the $10B+ levels seen during its major bull runs, raising concerns about sustainability.

2. He notes that 61% of XRP's trade volume is concentrated on Binance, Coinbase, and Kraken, increasing manipulation risks due to low liquidity.

3. Van Code observes patterns of low-volume trades (some as small as six XRP) used to test liquidity or simulate activity, which often precede aggressive price moves targeting retail traders.

4. He compares the current rally to past XRP surges tied to Ripple's SEC lawsuit developments, where gains often evaporated quickly after initial excitement faded.

5. The warning emphasizes the importance of real demand and fundamentals over short-term price spikes driven by speculation or manipulation.