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XRP’s current pullback has diverted attention away from short-term volatility and back toward the bigger picture on the chart. The cryptocurrency is now down by over 60% from its July all-time high, and the decline is showing signs of more downside.
As the price continues to break below support levels, one analyst whose earlier outlook preceded a major XRP rally says the cryptocurrency may be approaching a bottom for another accumulation phase.
Analyst Points To A New Accumulation Phase
XRP’s recent…