The first two weeks of June triggered a massive sell-off in the crypto market and brought a heavy discount in several major cryptocurrencies. Amid this downfall, the crypto coins plunged to their respective monthly support offering a great opportunity to buy the dip. In this article we have listed out some of the well-established altcoins interested traders can accumulate.
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XRP (XRP) Price Analysis: Pullback Opportunity
Source: Tradingview
With the recent correction phase, the XRP price plunged to the monthly low of $0.4558 and retested a long-coming support trendline. This trendline has been carrying a significant recovery over the past 100 days and offers occasional dip opportunities to buyers.
As of now, the XRP price is trading at $0.48 with an intraday loss of 2.7%. With sustained selling the price could revisit the aforementioned support trendline. This retest would likely recuperate the bullish momentum and
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