The crypto market has grown by $238 billion in the past 48 hours, and there are signs of recovery across cryptocurrencies. Therefore, it becomes important to check how the whales are behaving at the moment to see which crypto tokens investors should pay attention to.
BeInCrypto analyzed three such altcoins that crypto whales are currently buying.
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Franklin the Turtle (Franklin)
TURTLE has attracted strong interest from whales, with large wallets acquiring 15.77 million tokens in the past 24 hours. The accumulation highlights renewed confidence among major holders despite the overall market weakness.
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The amount of supply purchased was over $1.14 million, with Turtle trading at $0.0723, indicating investors are buying on the bullshit. The altcoin is in a month-long downtrend, but increased accumulation could signal an early shift in sentiment.
The Bollinger Bands are narrowing, indicating that a spike in volatility is imminent. Combined with continued whale activity, this could help TURTLE break above $0.0760. This could end the downtrend and move higher towards $0.0942.
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Zora
ZORA is seeing a new wave of whale accumulation, with large holders increasing their holdings from 876,000 to 1.33 million tokens in just 24 hours. This surge reflects improving market conditions and growing confidence as buyers position for further upside.
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The altcoin has risen 18% in the past 48 hours and is currently trading at $0.0528, above the support level at $0.0506. As the continued bullish MACD crossover suggests, sustained momentum could push ZORA towards the resistance at $0.0568, and further upside is possible if demand strengthens.
However, if the bullish sentiment cools down, ZORA could lose the support at $0.0506 and fall towards $0.0447. Such a decline would invalidate the optimistic outlook and signal weakness in the short-term trend.
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FARTCOIN
FARTCOIN Whale holdings increased by 3.42% in the past 24 hours, increasing from 114 million tokens to 118 million tokens. The additional 4 million FARTCOINs worth over $1.56 million shows renewed confidence from large holders in a volatile phase of the market.
This accumulation could extend FARTCOIN’s 12% rally today, with the altcoin trading at $0.392 below the $0.417 resistance. Parabolic SAR is showing an aggressive uptrend, suggesting that the price could continue to rise towards $0.470 if momentum is maintained and buyers remain involved.
If the bullish strength weakens or investors take profits, FARTCOIN could fall below the support level at $0.358. A breakdown from there could push the price to $0.320, and a loss of this floor would invalidate the current bullish theory.
