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XRP Commodity Channel Index Hits Most Oversold Level Since the 2020 COVID Crash

XRP Commodity Channel Index Hits Most Oversold Level Since the 2020 COVID Crash

The monthly XRP Commodity Channel Index (CCI) has dropped to its lowest level in six years, closing way below the -100 baseline in June. The decline came amid a weak close in June, when the indicator stood at -134.61 following a nearly 22% drop in XRP's price for the month.

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