Traders Bet Against XRP, Yet Accumulation Persists – Details
Over the last week, XRP prices have dropped by almost 3%, returning to settle in a consolidation around the $1.43 zone. Notably, this performance aligns with a broader negative sentiment among traders, who are confidently bearish on the altcoin direction. However, an underlying accumulation pattern points to a long-term bullish bet. Related Reading: Coinbase Is […]
Related News
After a sudden upward move earlier this week, the Bitcoin price appears to be stabilizing near the $74,000 mark as bullish sentiment persists. With bullish momentum gaining traction, investors are now shifting into accumulation mode across the market, which has led to a notable withdrawal of the flagship asset from cryptocurrency exchanges. Growing Accumulation Drives […]
Ethereum is showing signs of weakness as it struggles to reclaim higher price levels amid sustained selling pressure and broader market uncertainty. After several failed attempts to break above key resistance near $3,600, the asset remains range-bound, reflecting the cautious sentiment across the crypto market. Despite this, several analysts believe the current phase could represent the final shakeout before Ethereum begins its next major rally. Related Reading: Ethereum Whale Adds $105M To His ETH Position – $1.33B Bought Since Nov 4 According to recent on-chain data, large holders —....
Amid a general market retracement, prominent altcoin Chainlink has recorded a 29.89% price decline from its local market top at $30.31. LINK currently hovers around $21 having failed to move past $26 despite recent uptrends. During this price fall, LINK whales have adopted an accumulation approach signaling confidence in the altcoin’s long-term profitability. Related Reading: Chainlink Price Could Crash 30% To $15 — Here’s How Chainlink Whales Acquire 3.58 Million LINK In 3 Days Following a strong bullish performance in early December, the crypto market has undergone a significant....
Ethereum has reclaimed the $3,000 level after weeks of heavy selling pressure, yet the recovery remains fragile as momentum continues to fade. The market is still dominated by fear, and confidence among retail traders has weakened significantly. Related Reading: Coinbase Wallet Rebalancing Creates False $68B LTH Distribution Signal – Details Analysts warn that bulls are […]
After a steady decline, Toncoin (TON) has seen a slight price increase over the past day, rising by 1.7% to $3.85. This movement comes amidst ongoing discussions about its longer-term performance and accumulation trends. According to an analysis by CryptoQuant analyst Shiven Moodley, there are indications that TON holders are positioning for a potential rebound. Moodley’s observations, which are detailed in a recent post on CryptoQuant’s QuickTake platform, suggest that the asset may be entering an accumulation phase despite its recent downward trajectory. Related Reading: Analyst Says....