Here are five undervalued altcoins priced under $1 with significant potential for growth:

1. **Ripple (XRP)**

XRP, which facilitates cost-effective cross-border payments, has recently dropped to $0.475 due to market corrections and ongoing legal issues. With its dynamic support holding since March 2020, XRP could potentially rebound and target $2, offering substantial growth opportunities.

2. **BONK (BONK)**

A meme cryptocurrency on the Solana blockchain, BONK has decreased from $0.000044 to $0.000018 during market corrections. Currently trading at $0.0000228, it shows strong reversal potential and might rally to $0.0001, driven by its community and overall market recovery.

3. **Graph (GRT)**

Graph, a protocol for indexing blockchain data, has corrected to $0.49 from its previous high of $2. Holding above the $2 support level, GRT is positioned for a potential breakout that could end the correction trend and target significant gains, making it a valuable pick under $1.

4. **Oasis Network (ROSE)**

ROSE, a privacy-focused blockchain, has rebounded from its support level of $0.082 to $0.09. Historically, this support trendline has been a strong accumulation point, suggesting ROSE could rise to $0.13 and possibly $0.18.

5. **Polygon (MATIC)**

Despite a challenging start to 2024, MATIC, an Ethereum scaling solution, is trading at $0.55 with strong support around $0.5-$0.493. A rebound could push it past resistance levels at $0.76 and beyond, making MATIC a key altcoin to watch.

These altcoins are currently undervalued and have potential for substantial gains. However, always conduct thorough research and consult financial advisors before investing.

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