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Avalanche (AVAX) AVAX enters the whale accumulation after a long-term, impressive 35% increase was seen in the AVAX’s Large Holders Netflow. But the price of AVAX in the last 7 days is down by 6.28%, this is possible due to the upcoming token unlock coming on 19th August. This will notably increase the circulating supply, impacting the price surge. AVAX needs more whale accumulations and a boost in social media sentiment to make a reversal into an upward trend.$AVAX

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Polygon (MATIC) Polygon’s performance in 2024 and before is in a downtrend. As seen today, Staking for MATIC has dropped to 35% and the price is 26.5% down in a month. Despite the negative fundamentals and technicals, MATIC is in the bucket of crypto whales. As seen on Santiment, Polygon;s addresses of 100,000 to 1 million tokens increased, and the number of addresses holding between 10 million to 100 million. This is anticipated that the whales are bullish over the upcoming migration of MATIC to POL which is scheduled to be on September 4 2024. At the time of writing MATIC is $0.404 with 1.25% in 1 day. Despite all this, the asset price stays unimpacted$MATIC

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Litecoin (LTC) LTC in the second week experienced increased whale accumulations. A Spike was registered in Whale holders with more than 1% of the circulation supply. The chart shows increasing whale buying activity, indicating confidence in the future growth of LTC. Also looking at the on-chain metric, the Concentration by large holders ( Whale with more than 1% and investors with 0.1% to 1% holding) stands at 48%. This is an impressive number for any asset to possess long-term growth, conversely, it is also a red point, in the bear market. Litecoin has moved 10.18% in the last 7 days and is trading at $67.34. If the whale accumulation continues, LTC is expected to grow more upward.$LTC

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Injective (INJ) The Injective price has been trading within a falling wedge and, after reaching the final stages, is juggling around some range. These ranges have been trend reversal zones in the past and hence after a brief consolidation, the price is expected to trigger a minor upswing beyond $20. But the question appears: whether the INJ price sustains above the gains? After the major fall in the first few days of the month, the INJ price triggered a recovery that seems to remain restricted within a range. The RSI rebounded and reached the average zone but is failing to surpass it. Therefore, it suggests that the INJ price may certainly rise above the consolidation but may soon drop back to the lower support of the wedge, which may place the token at the apex of the consolidation. This could be when the platform witnesses a huge influx of buying volume, which may eventually trigger a bullish rise beyond $26. $INJ

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Solana (SOL) Solana price is facing fresh bearish action as it slips down the levels below $140, continuing the trend it started a few days ago. The bulls have always entered as the levels hit the local support and hence a similar action may occur as the price has entered the same zone. The SOL price has reached the lower support of the decisive symmetrical triangle and is expected to drop to the lower support zone. However, the price is facing equal bullish and bearish pressure, due to which the next price action remains uncertain. While the Ichimoku cloud is about to turn bullish, the RSI maintains a descending trend. Therefore, the SOL price may hit the support zone between $120.66 and $125.13 and if the bulls fail to hold, a buying opportunity may occur around $108. $SOL

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