Although Ripple’s XRP fell 20% in the market downturn, some analysts see it as a buying opportunity, CryptoPotato reported. Some optimistic forecasts show a bullish outlook for the asset, with its value expected to appreciate significantly soon. The cryptocurrency industry experienced a major correction on April 14, with the global market capitalization falling to approximately $2.4 trillion. CryptoPotato reported that this adverse trend resulted in millions of liquidations, mainly affecting long traders. Ripple’s XRP has been the clear loser over the past week, falling 20% ​​to around $0.48 (according to data from CoinGecko). However, some analysts are still taking it in stride, seeing this as a buying opportunity. For example, X user EGRAG CRYPTO claimed, “XRP is falling to buy, not to cry.” Hours before the market drop occurred, the analyst argued that Ripple’s native token was “in a unique position, sandwiched between Between bullish sentiment and bearish pressure, EGRAG CRYPTO believes the asset has been in a consolidation phase since August 2023, which he described as “a healthy pattern” that “remains stable and XRP is about to go like a rocket.” Ignite," the analyst concluded.