$XRP Altcoins are back in the accumulation zone. The altcoin market capitalization has been declining for the past 6 weeks and is now testing an important support level — the 200-week moving average (MA 200), around $209 billion. Many altcoins that posted significant gains in the third quarter have now given back most of those gains. In my view, this is where things get really interesting. If you missed the rally in the third quarter, the current situation is a reason to take a closer look at the asset from an accumulation perspective. Midterm elections are taking place in the U.S. today, so expect heightened volatility this week and possibly increased panic. However, history shows that periods of fear and panic often present the best opportunities for those with a medium- or long-term outlook. If the $209 billion level breaks, the next significant support zones will be around $190 billion and $160 billion.

$GRAM #Eth