Ripple’s XRP has significantly surged since its decline on February 6, making analysts optimistic about its potential for further gains.

In parallel, Cardano’s (ADA) whales have been notably active recently, with insights pointing towards possible market fluctuations in Bitcoin (BTC) as well.

What’s Next for XRP?

As of the latest updates, Ripple’s token trades just under $1.40, reflecting a 3% uptick this week. Market analysts express a generally positive outlook, with numerous price forecasts suggesting further increases.

An analyst known as X Finance Bull stated on X that a bullish catalyst for XRP is imminent based on Scott Bessent’s comments regarding the need for the Clarity Act—a regulatory framework for cryptocurrency—during an appearance on Fox News. He noted that over 100 institutional partners are poised to move once it is signed, predicting a rush into XRP.

Research from another analyst, CRYPTOWZRD, indicates that a sustained rise in XRP is quite probable, advising that maintaining a level above $1.3820 is crucial.

Additionally, changing market dynamics, such as the reduced number of XRP tokens on Binance, hint at a potential upward trend for the currency. Various technical indicators also suggest that XRP could gain momentum soon.

ADA Whales Make Moves

Similarly, Cardano’s price has increased by approximately 3% this past week, coinciding with significant sell-offs by major investors—termed whales. Ali Martinez reported that these investors have sold nearly 200 million ADA within a week, amounting to roughly $50 million.

Such behavior may contribute to unease within the community, leading smaller investors to potentially exit their positions, as whales generally possess inside information that influences their trades. Moreover, increased sell-offs might raise the ADA available on the market, which could lead to a decline in its price if demand does not match the supply.

Notwithstanding the bearish sentiment, some market experts maintain a hopeful outlook for ADA, claiming recent dips to the $0.26 demand zone have historically led to recoveries.

More Problems for BTC?

In other news, Bitcoin has recently hit a low near $60,000—a level not seen since October 2024—currently trading around $67,000. However, signs suggest another downward trend could be approaching.

An anonymous investor deposited 8,200 BTC into Binance, which historically correlates with price drops. Previously, at a price around $69,000, Bitcoin quickly fell to about $65,000 after the deposit.

Analysis from Alphractal indicates a shift in Bitcoin’s Realized Cap Impulse, turning negative for the first time in three years, a situation often linked with substantial corrections or sustained bear markets.