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XRP Officially Decouples From Bitcoin, Top Trader Reacts
Gamza Khanzadaev, a top trader and crypto enthusiast, has shared his insights on the recent market developments. According to his analysis, XRP’s price action has officially decoupled from Bitcoin’s, indicating that the asset is no longer following the same trend as the flagship cryptocurrency.
In his latest article, Gamza emphasizes the importance of understanding this development for traders and investors alike. He notes that if a deep correction were to occur in the near future, it would be a normal and healthy process necessary for the market’s continued upward trajectory.
Gamza Khanzadaev: “If that happens, from here we can expect a deep correction to the area of $80,000-$70,000. This will mark a 30% decline from the relevant all-time high for BTC, which is a healthy textbook correction needed for continuation of the upward trajectory.”
As one of the most respected traders and analysts in the industry, Gamza’s insights are widely followed by cryptocurrency enthusiasts worldwide.
U.Today does not guarantee that the predictions made by our experts will come true.
Source: u.today
