As large firms increase their engagement in the crypto sector, the Cardano ecology is changing dramatically. According to recent data, wallets holding over 1M ADA have grown significantly since November 2023, amassing an extra 1.41B ADA tokens. This accumulation, which accounts for 2.35% of ADA’s total supply, conveys a clear statement regarding the project’s institutional support while contributing to the Cardano price rally. Similarly, the Shiba Inu price movement also suggests a potential sign of recovery. The weekly chart for Shiba Inu price actions indicates an increasing buying signal through the TD Sequential indicator, suggesting an incoming trend change. Moreover, with its unique hybrid trading model, innovative features like 1000x leverage, and access to 120,000-plus assets, DTX Exchange (DTX) is emerging as one of the best altcoins to watch. This has seen the DTX token attract major investors as its presale hits over $14.3M with a price rally of 800% to hit $0.18. Cardano Price Balloons As Whales Scoop Up 1.41B ADA Whale movements have had nothing less than outstanding outcomes. Sentiment research reveals a significant 107% price rally since the wallets’ accumulation. Market watchers also believe that this isn’t only another pump-and-dump situation, rather it marks a basic change in the way big investors view Cardano’s long-term possibilities within the broader crypto scene. The increase points to a maturing market in which investors choose steady expansion over short gains. Short-term traders have shifted away from speculative trading by cutting their exposure by 11.75%. technical indicators for the Cardano price also point to a possible price recovery. Key support for the Cardano price lies in the 62% and 78% Fib retracement level giving the ADA token a strong base for an eventual rise. Even though the Cardano price hasn’t regained its $1.32 high of December 2024, Yoel Jr, stresses the importance of the $0.81 level as a stopping point for confirming positive progress. Jonathan Carter’s previous Cardano price chart study suggests the ADA token bull flag formation could trigger a rally toward $0.845, $1.000, and $1.325. Shiba Inu Price Eyes A Rebound As Key Support Holds Strong Ali Martinez pointed out that the Shiba Inu price recently bounced off a strong historical support level. This suggests that buyers are stepping in to prevent further dipping trends. The next challenge for the Shiba Inu price lies at the $0.000020 level where the 50-day EMA acts as resistance. If the Shiba Inu price maintains its position above this support level, it could rally toward a resistance range of $0.000019 to $0.000020. A successful breakout above these levels might also pave the way for more gains. Contrary, failure to hold above $0.000016 could see the Shiba Inu price retest lower support zones around $0.000014. A key development in Shiba Inu’s price action is the breakout above the downward-sloping trendline that previously capped upward movement. While the breakout is encouraging, it requires confirmation through a sustained price action above the level. However, the MACD and RSI also support a bullish trend in the coming days. DTX Exchange (DTX): The Hybrid Altcoin Paving The Way For Future Trading DTX Exchange (DTX) aims to simplify traders’ lives by giving them access to over 120K commodities through a unified interface. This will include cryptos, equities, forex, and CFDs. DTX Exchange further enhances the trading experience by offering a non-custodial Phoenix wallet, lightning-fast transactions, portfolio management, top-tier AI insights, and multi-tier accounts. The platform will also offer its users the best opportunities due to its state-of-the-art infrastructure and unique trading features. DTX Exchange will be the first crypto exchange to offer its users 1000x leverage while eliminating the KYC-check feature. This high leverage will allow traders to access up to $100,000K for trading, even with a minimal investment of $100. Moreover, DTX Exchange dispersed liquidity pools combine liquidity from different sources, ensuring minimal slippage while executing each trade at the best possible price. With over $14.3M and counting, the DTX Exchange presale has already hit record-breaking demand as it nears completion. Early investors also enjoy an 800% rally to sell at $0.18. Can The DTX Exchange Launch Push It Towards Shiba Inu and Cardano Price Rally ? While the crypto market is always unpredictable, the combination of whale accumulation and a good technical setup point to more gains in the Cardano price. This positions altcoin for a significant market movement in the coming months. According to Ali Martinez, the Shiba Inu price has also showcased an uptrend potential after a rebound to its critical support level. DTX Exchange, on the other hand, is on the verge of a major tier-1 listing, as its presale nears completion. With its record-breaking presale, innovative features, and upcoming listing, the DTX price could record massive gains in 2025. Find out more information about DTX Exchange (DTX) by visiting the links below: Buy Presale Visit DTX Website Join The DTX Community The post Whales Scoop 1.41B ADA, DTX Exchange Soars 800%, As Shiba Inu Regains Key Support Level appeared first on TheCoinrise.com .
