The recent dip in the crypto market has caused uncertainty and fear among traders and investors. However, there is some bullish sentiment building as whales are accumulating altcoins like Cardano (ADA) and XRP. Over the past 30 days, Cardano has seen a significant accumulation of 140 million ADA by whales, indicating confidence in its long-term prospects. This accumulation could potentially lead to a major price bounce. Currently, the price of ADA is still within a narrow range, but if it stays above the low at $0.85, it could aim for a target near $1.11.

Similarly, XRP has also experienced a surge in whale activity, with wallets holding between 1 million and 10 million XRP reaching an all-time high. This increase in whale accounts buying XRP suggests that the asset could be on the verge of a major move. When large holders start buying more of a cryptocurrency, it usually indicates that they believe the price is undervalued or about to rise. Retail investors are becoming more optimistic about a bullish trend following this growth in XRP's whale accounts.

It should be noted that the information presented in the article is for informational and educational purposes only and does not constitute financial advice.



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