The ongoing market turbulence caused by the upcoming halving event has caused speculations about the performance of various altcoins. Major tokens like Bitcoin, Ethereum, Solana, and many more have maintained a sluggish trend.
The upward trajectory of these tokens has raised the question of the best token for massive gains.
Analysts Predict #ENA Price Surge
Ethereum’s synthetic dollar protocol,Ethena, has amassed a market capitalization of more than $2 Billion and may quickly establish itself in the top 50.
Given that the price of the ENA is following a sharp upward trend, the short-term trade is very bullish. The token consistently makes higher highs and lows, anticipating a small decline. Analysts predict it will make another higher low and then form the next ATH, which will be around $1.66.
The OBV is still trending upward, and the RSI is still bullish. Thus, it implies that there is sufficient room to grow, given the liquidity on the platforms. Moreover, rising whale activity and staking rewards make room for price surges shortly.
Whale-Driven Momentum Builds For Fantom
Fantom (FTM) is on the cusp of a market upswing as it approaches the pivotal $1 threshold. Significant whale activity supports this possible surge, and noteworthy buying patterns point to a bullish outlook. Investors and cryptocurrency enthusiasts are keeping a close eye on these developments, which may portend an impending price breakthrough for FTM.
Addresses with significant FTM holdings, ranging from 100,000 to 10 million tokens, have added more than 19 million FTM, or almost $19 Million, to their combined holdings last week. Whales’ aggressive accumulation is a warning sign that could move the market and raise the price of FTM.
Fantom (FTM) is on the cusp of a market upswing as it approaches the pivotal $1 threshold. Significant whale activity supports this possible surge, and noteworthy buying patterns point to a bullish outlook. Investors and cryptocurrency enthusiasts are keeping a close eye on these developments, which may portend an impending price breakthrough for FTM.
Addresses with significant FTM holdings, ranging from 100,000 to 10 million tokens, have added more than 19 million FTM, or almost $19 Million, to their combined holdings last week. Whales’ aggressive accumulation is a warning sign that could move the market and raise the price of FTM.
Disclaimer: Any information written in this post does not constitute investment advice. The Author @Sakhr will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned post.
