Altcoin holders are selling at a loss.



Santiment points to a breakdown in XRP below $2—the crowd is currently selling at a loss. This is happening in almost all altcoins in the top 300 CMC. The market is falling again, as I warned you about, and the crowd is starting to exit the market, thinking a bearish trend has begun.

However, don't sell your spot positions, as I don't expect a bear market. This is simply a correction that has dragged on for a while—remember COVID and BTC's 55% drop during the bull cycle.

All indications point to a market rally in late November or early December, and possibly even earlier.#btc
#eth #ltc #sol #xrp $GT $GUSD $BTC
GT1.08%
GUSD0.02%
BTC2.07%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
Deltaprovip
· 10-21 07:06
I think altcoins will explode along with Bitcoin by the end of the month. Overall, this week promises to be a very good one. So keep your eyes peeled, ladies and gentlemen!
Reply1
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)