Monero Leads Altcoin Rally on Market with 9% Price Increase, As XRP Follows

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Monero $XMR and other classic altcoins like $XRP are leading the recovery rally on the cryptocurrency market

Though the asset shows short-term gains‌, Monero trades in a sharp downtrend along with most of the assets on the market. According to TradingView, XMR has lost almost 70% of its value in the last 300 days of trading. Monero reached its ATH in May and has been trading at approximately $480. like XRP and WAVES are also following the recovery with an average 5% price increase.

At press time, Monero trades at $168 with a 9% price increase in the last 24 hours. XRP follows with 4% growth.

 

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