Experts Break Down How Bots Might Be Driving XRP’s Price Volatility

Several analysts and experts have observed that XRP’s price movements show unique and unusual patterns. They have offered different explanations, and trading bots are one that many agree on.

However, the influence of automated trading bots may become limited as real demand for XRP from retail and institutional investors continues to grow.

Are Trading Bots Behind XRP’s Sharp Price Jumps?

Vincent Van Code, a well-known software engineer on X, has noticed that XRP’s price often jumps sharply when there’s positive news, like a legal victory or a strategic partnership. Strangely, unrelated tokens such as ADA (Cardano) and XLM (Stellar) also rise in price, even without any direct supporting news.