Cardano (ADA) continues to consolidate above its $0.1894 support level on Monday, stabilizing after roughly an 8% loss on last Thursday. On-chain data shows reduced activity among large-wallet investors, commonly referred to as whales, despite a rise in Cardano’s social chatter.
Technically, XRP is still in the woods, with the 50-day EMA limiting the token’s recovery potential.Ripple (XRP) faces short-term hurdles, trading around $1.33 on Wednesday. The remittance token signals a potential break of its two-day recovery streak, from the weekly low of $1.27.
Ethereum (ETH) treasury firm BitMine Immersion Technologies (BMNR) extended its buying streak of the top altcoin last week while expanding its share buybacks.