{"id":96018,"date":"2025-09-12T10:30:27","date_gmt":"2025-09-12T10:30:27","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=96018"},"modified":"2025-09-12T10:30:27","modified_gmt":"2025-09-12T10:30:27","slug":"xrp-and-ada-whale-moves-eth-prepares-for-breakout-bits-recap-sep-12","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=96018","title":{"rendered":"XRP and ADA Whale Moves, ETH Prepares for Breakout: Bits Recap Sep 12"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

Despite the whales\u2019 selling spree, XRP remains in green territory. Many analysts believe the asset is headed for a new ATH in the near future. <\/span>
\nADA whales also sold a substantial amount of tokens, but the optimism among market observers remains high.<\/span>
\nETH has recorded low volatility lately, but one important indicator signals a huge move could be on the horizon.<\/p>\n

<\/a><\/p>\n

How\u2019s XRP Doing?<\/span><\/h2>\n

Ripple\u2019s cross-border token has experienced a substantial rebound in the past week, with its price rising by 7% to as high as $3.07. <\/span>This<\/span> comes on the back of an overall altcoin resurgence and <\/span>is accompanied<\/span> by predictions that the asset has yet to reach new peaks.\u00a0<\/span><\/p>\n

Earlier this week, X user Ali Martinez <\/span>outlined<\/span><\/a> two possible scenarios for XRP. <\/span>The first <\/span>one is<\/span> breaking above $3.05 and <\/span>tapping<\/span> $3.60, while the second involves a potential correction to $2.80, followed by a surge above $2.90 and then a pump to $3.60.<\/span>\u00a0<\/span><\/p>\n

Others like CRYPTOWZRD and Dark Defender are even more bullish. The former <\/span>believes<\/span><\/a> XRP may soon outperform Ethereum (ETH) and hit a new all-time high of $4.50, whereas the latter <\/span>envisioned<\/span><\/a> a jump to $6.\u00a0<\/span><\/p>\n

It is worth noting that the asset\u2019s positive performance and optimism among industry participants come despite the recent whale exodus. <\/span><\/p>\n

As <\/span>CryptoPotato<\/span><\/em> reported<\/span><\/a>, large investors (those holding between 10 million and 100 million coins) offloaded 40 million XRP in the last 24 hours alone. The stash is worth over $122 million<\/span>, while<\/span> this development <\/span>is usually considered<\/span> bearish since it increases the amount of assets available on the open market and may lead to panic among smaller players.\u00a0<\/span><\/p>\n

What About ADA?<\/span><\/h2>\n

Cardano whales initiated a similar selling spree. According to Martinez, they <\/span>dumped<\/span><\/a> 140 million ADA (worth approximately $120 million) in the span of two weeks.\u00a0<\/span><\/p>\n

Contrary to that, the asset\u2019s price has climbed by 9% for that period, currently trading at just south of $0.90. Analysts like the X users Clifton Fx and Hailey LUNC expect a further pump in the short term. The former set a target of $1.80, while the latter <\/span>forecasted<\/span><\/a> a \u201cparabolic move.\u201d<\/span><\/p>\n

Additionally, ADA\u2019s exchange netflow has been predominantly negative in recent months, indicating that investors have transitioned from centralized platforms to self-custody. This trend supports the bullish outlook by reducing immediate selling pressure.<\/span><\/p>\n

<\/a>ADA Exchange Netflow, Source: CoinGlass<\/p>\n

ETH on the Verge of a Big Move?<\/span><\/h2>\n

The second-largest cryptocurrency is also in green territory on a weekly scale, albeit registering a less substantial increase than XRP and ADA. Currently, it trades at around $4,500, and the volatility in the past several days has not been that dramatic.\u00a0<\/span><\/p>\n

The technical analysis tool Bollinger Bands<\/span>, though,<\/span> suggests<\/span><\/a> that a <\/span>major<\/span> price move could be incoming.<\/span> Specifically, the bands of the metric have squeezed significantly as of late, which historically has been followed by a <\/span>huge<\/span> rally or a painful correction.\u00a0<\/span><\/p>\n

Still, the majority of analysts speculating on X believe that the swing will be to the upside. Such is the case with Ted, who <\/span>thinks<\/span><\/a> ETH <\/span>is poised<\/span> for a surge to a new all-time high in the range of $8,000-$10,000 in the following months.<\/span><\/p>\n

The post XRP and ADA Whale Moves, ETH Prepares for Breakout: Bits Recap Sep 12<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR Despite the whales\u2019 selling spree, XRP remains in green territory. Many analysts believe the asset is headed for a new ATH in the near future. ADA whales also sold a substantial amount of tokens, but the optimism among market observers remains high. ETH has recorded low volatility lately, but one important indicator signals a […]<\/p>\n","protected":false},"author":0,"featured_media":96019,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-96018","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/96018"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=96018"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/96018\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/96019"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=96018"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=96018"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=96018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}