Analyst: "Now is the Accumulation Zone for Altcoins like Ripple"... XRP, XLM in Focus
As the cryptocurrency market continues its correction phase, some market experts are evaluating the current period as an altcoin 'accumulation zone' and emphasi

As the cryptocurrency market continues its correction phase, some market experts are evaluating the current period as an altcoin 'accumulation zone' and emphasizing a long-term perspective approach. On the 11th, cryptocurrency analyst CryptoCapo analyzed recent market trends via social networking services (SNS). He analyzed, "The stock market has shown an upward trend ahead of the cryptocurrency market in recent months," adding, "There is a possibility that some funds will move into the cryptocurrency market in the future." He also assessed that the altcoin market is currently showing a relatively stronger performance compared to Bitcoin. In particular, the specific assets he highlighted, expecting future bullishness, are as follows: - ISO 20022 related projects: XRP, XLM, QNT, HBAR - Privacy coins: XMR, ZEC CryptoCapo advised, "Many altcoins have fallen more than 90% from their all-time highs," noting, "The current phase may be a favorable zone for long-term accumulation rather than excessive fear." However, he drew a line at definitively stating that this trend marks the beginning of a new super bull market. He warned that there is also a possibility that major asset classes, including the global stock and real estate markets, will enter a bearish trend again after going through their final upward phase. Market participants believe that future changes in U.S. monetary policy and the virtual asset regulatory environment will be the key variables determining the direction of the altcoin market. [This article is based on publicly available market data and general financial information, and artificial intelligence (AI) technology was utilized during the writing process to assist with information organization and drafting. The information provided in this article is intended for general investment information purposes and does not constitute a solicitation to invest in any specific asset or financial product. Investing in the coin and financial markets carries the risk of principal loss, and all responsibility for investments lies solely with the investor. Please be sure to check relevant disclosures and official materials before making any investment decisions. This publication does not bear any legal or financial responsibility for the provided information.]
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