Whales Accumulate 520M XRP Along With This AI Coin, Solana Forms Hidden Divergence Pattern
The post Whales Accumulate 520M XRP Along With This AI Coin, Solana Forms Hidden Divergence Pattern appeared on BitcoinEthereumNews.com.
Data from Santiment shows that whales have accumulated over 520 million XRP during the ongoing correction. Apart from XRP, there is another DeFi token that is getting the attention of these big players, IntelMarkets (INTL). As AI is gradually penetrating the trading industry, IntelMarkets is changing trading with its self-learning Intelli-M™ bots and advanced trading platforms. The price of its native token has increased by over 810%, making it a good cryptocurrency to buy for future gains. At the same time, Solana (SOL) has formed a hidden divergence pattern that could push its price to $340. Solana (SOL) Targets $340 A top analyst called Trader Tardigrade has uncovered a bullish divergence pattern on the Solana price chart. This pattern propelled the value of Solana (SOL) from $135 to $265 between September and October last year. Looking ahead, Trader Tardigrade forecasts the price of the Solana crypto could surge to $340 in the next two months. Ali Martinez, another analyst, posted a similar prediction recently. According to him, Ali Martinez notes the Solana price might pump to $350 in the coming weeks. He said the altcoin is trading in an ascending channel with a strong support around $198. Losing this level could lead to a downtrend in the coming days. Solana (SOL) is consolidating between $186.51 and $240.14 on the weekly timeframe. Its value has dipped by 16.3% in this timeframe. Along with the bearish price movement, most of Solana’s technical indicators are bearish. The RSI is below the average of 50 which points to a potential downtrend. Ripple (XRP) Whales Go on Buying Spree While Ripple (XRP) has been trading in losses, smart whales have been accumulating XRP coins. The latest data from Santiment quoted by Ali Martinez revealed that whales have bought over 520 million XRP during the recent…
Filed under: News - @ February 10, 2025 12:22 pm