The altcoin industry observed a plunge as the prices dipped for the majority of the alts. As a result, altcoins like XRP, Chainlink, and Litecoin noted losses on their daily charts.
Near-term technical indications for all the above alts suggested a decreasing buying momentum and favored the sellers.
XRP oscillated in a downtrend between two parallel lines heading south until last week. Quickly after this, XRP bulls triggered an uptrend as the price witnessed a…