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Top cryptocurrencies repositioned: XRP, Ethereum and Zcash emerge as favourites
Investors are focusing on XRP, Ethereum and Zcash after the October crypto slump as preferred assets for next leg up.
Following a sharp crypto market correction in October, investors are repositioning with renewed interest in XRP, Ethereum and Zcash as the most promising digital-assets for the next upswing, reports show. Whale accumulation, improved fundamentals and institutional interest are cited as drivers. The repositioning may reflect a shift away from speculative small cap altcoins and toward top-tier next generation”assets seen as better risk-reward.
Analysts caution that while sentiment is improving, trailing technicals remain weak and the recovery may be gradual.