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Cardano’s trading volume spiked by 49.42%, signaling increased investor interest amidst a bearish market trend. Ali Martinez forecasts a bullish turn for Cardano, mirroring its late 2020 surge, as ADA whales transact $13B. ADA’s current pattern echoes 2020’s rally, hinting at a potential leap from $0.60 to $7 despite recent price dips. According to crypto analyst Ali Martinez, the Cardano (ADA) network is on the brink of a significant surge, reminiscent of its late 2020 behavior. Martinez’s insights suggest that Cardano could see a substantial upward trend starting as early as April. Whale Movements Indicate Emerging Trends Recent developments have shown a massive increase in transaction activity within the Cardano network. ADA whales have initiated transactions amounting to a staggering $13 billion. This surge in large transactions is remarkable in its scale and timing, aligning with Martinez’s predictions. Compared to Ethe...

Binance Research highlights potential 2024 crypto trends, including Bitcoin halving, AI integration, and institutional adoption. In their 2024 Analysis , Binance Research outlines several trends that may influence Bitcoin (BTC) and the broader crypto currency market. One key focus is the upcoming Bitcoin halving event, historically associated with significant market movements, although it’s emphasized that this is not a guaranteed cause-and-effect scenario. #Binance Research is delighted to announce the release of our comprehensive industry year-in-review report. We uncover the top crypto industry dynamics of 2023 and discuss key trends as we head further into 2024. Check it out https://t.co/okLKsocwjx — Binance Research (@BinanceResearch) January 15, 2024 You might also like: Hillary Clinton: Bitcoin could replace the dollar as the reserve currency The report also notes a potential increase in institutional crypto adoption, citing the involvement of major ...

Prominent crypto analytics platform Santiment says one metric is indicating Bitcoin (BTC) may witness another leg up. Santiment says that an increase in “bull trap” mentions on social media platforms is indicating a spread of fear, uncertainty and doubt (FUD) for the crypto market. However, the market intelligence firm says that periods following increased FUD tend to lead to a bump in prices for crypto assets and that could mean Bitcoin is on the verge of heading higher after a rally pause. “Traders are fearful that crypto markets may be in a bull trap at the moment. But while Bitcoin may have stopped its momentum for the time being, Ethereum and altcoins are blasting off once again. FUD could propel BTC to $50,000 if it increases.” Source: Santiment/X Bitcoin is trading for $44,198 at time of writing, up 1.7% in the last 24 hours. Next, Santiment says Ethereum has more upside potential as the biggest crypto whales holding (ETH) off of exchanges increase thei...

The market shows signs of a potential breakout, with several coins retesting their resistance points, indicating a possible up trend . Analysts are focusing on XRP and Shiba Inu (SHIB), expecting more growth in 2024 and beyond.  This article will explore their price projections and future outlooks based on on-chart data and overall performance. XRP retests $0.93 XRP fell to $0.58 last week but recovered to $0.62 and is now nearing a horizontal resistance zone.  On the weekly time frame, technical Analysis reveals that XRP has followed an ascending support trend line since the beginning of 2023. This trajectory enabled the coin to break through a crucial horizontal resistance zone, approaching a new yearly high at $0.93.  You might also like: XRP analyst sees potential bottom, urges caution With the current RSI above 50, analysts like Cryptobull and JD are bullish on XRP. #XRP projected price s are $4.20, $7.20 and $470 based on past breakouts. $XRP had a major b...