Workflow
Money Flow Index (MFI)
icon
Search documents
Cardano Stalls at Breakout Point: Holder Shifts Now Weaken The 50% Rally Hope
Yahoo Finance· 2026-01-10 20:30
Core Viewpoint - Cardano (ADA) is experiencing a slight decline but maintains a bullish structure, with buying pressure still present despite changes in holder behavior [1][2][4]. Price Movement - ADA has decreased approximately 2% in the last 24 hours and has been trending lower since January 6, yet the price has remained broadly flat over the past week [1]. - The price has defended the $0.383 support zone, which previously acted as resistance, preventing a deeper pullback [3]. Technical Analysis - Cardano is trading within a falling wedge pattern, which is typically considered bullish as selling pressure weakens [2]. - Momentum indicators, such as the Money Flow Index (MFI), show a divergence where ADA's price has trended lower while MFI has trended higher, indicating active dip buyers [4]. Holder Behavior - On-chain data reveals a divergence between long-term and short-term holders, with long-term holders increasingly distributing their assets. The spent coins age band for the 365-day to 2-year cohort rose sharply from approximately 1.92 million ADA to 4.51 million ADA, marking a 135% increase in just 24 hours [6]. - Conversely, short-term holders (30-day to 60-day cohort) have significantly reduced their selling activity, with spent coins dropping from around 55.42 million ADA to 4.28 million ADA, a nearly 92% decline, suggesting they may be absorbing supply rather than selling [7].
XRP Eyes a 34% Breakout as Buyers Step In — But Not All Demand Looks Healthy
Yahoo Finance· 2026-01-08 08:00
Core Viewpoint - XRP has experienced a pullback after a recent rally, but the underlying price structure remains positive, with a potential upside of approximately 34% if the inverse head-and-shoulders pattern completes successfully [1][2]. Price Structure - The recent dip in XRP is contributing to the formation of the right shoulder of an inverse head-and-shoulders pattern, which remains valid as long as the price stays above $1.77. A confirmed breakout above the neckline could target around $3.34, representing a 34% increase [2]. Technical Indicators - A significant technical development is occurring with the 20-day exponential moving average (EMA) approaching the 50-day EMA, indicating a potential golden crossover. This crossover typically signals improving momentum and trend stabilization, favoring continuation rather than a breakdown [3]. Momentum Data - The Money Flow Index (MFI), which tracks the flow of money into or out of XRP, has been trending higher despite the price decline since early November, indicating that demand is building even during pullbacks [4]. Buyer Behavior - On-chain data reveals that two groups of large holders (whales) are actively accumulating XRP. Wallets holding between 1 million and 10 million XRP increased their balances from approximately 3.54 billion to 3.55 billion tokens, demonstrating consistent buying behavior even during price dips [6]. Accumulation Patterns - Larger holders, those with between 10 million and 100 million XRP, initially reduced their exposure during the rally but began accumulating again as the right shoulder formed, increasing their holdings from about 11.07 billion to 11.13 billion XRP, which equates to an addition of roughly 60 million tokens or about $130 million in renewed accumulation [7].
Whales Try Playing Zcash Price Santa — But Can The Rally To $655 Arrive In Time?
Yahoo Finance· 2025-12-25 18:00
Core Insights - Zcash has experienced a nearly 10% increase in the past 24 hours, currently trading around $446, with a projected target of $655 based on a bull flag pattern breakout from December 15 [1][3] - The top 100 Zcash addresses on Solana have increased their holdings by 2.86%, indicating long-term conviction despite the overall market hesitance [2][8] - The current market sentiment shows a divergence between spot buying by mega whales and a bearish bias in derivatives, suggesting a lack of confidence in the timing of the rally [6][8] Market Activity - The top 100 Zcash addresses increased their holdings from 34,542 to 35,532 ZEC, amounting to approximately $441,480 in new investments [2] - Despite the price increase from December 17 to December 23, the Money Flow Index (MFI) showed lower lows, indicating weak dip buying and a lack of confidence among retail investors [5] - Derivatives data reveals that whales are net short in perpetual contracts, indicating a bearish sentiment despite spot accumulation [6][8] Price Levels and Projections - The first key resistance level for Zcash is at $458, which is the 0.5 Fibonacci level; a daily close above this level could lead to further upward movement towards $479 and $508 [9] - If Zcash reaches $546, it would align with the original bull flag projection, making the $655 target more attainable [9]
HBAR’s Downtrend Gains Speed As Dip Buyers Step Back —One Level Could Still Save the Price
Yahoo Finance· 2025-11-19 12:00
Core Viewpoint - HBAR price is experiencing a significant downtrend, currently trading near $0.146, down almost 19% over the past week and nearly 39% over the past three months, indicating a fragile market condition where small weaknesses could lead to further declines [1]. Price Analysis - The HBAR price is within a falling channel, a bearish continuation pattern, and attempted to break below this channel on November 17, which was unsuccessful as dip buyers retreated [4]. - The Money Flow Index (MFI) has shown signs of weakening, breaking below its ascending trendline, which indicates a lack of strong dip buying to counter the downtrend [4][5]. - Key support level to watch is $0.141, which, if breached, could lead to further declines towards $0.134, approximately 8.8% lower [7]. Momentum Signals - The 12-hour Relative Strength Index (RSI) indicates hidden bearish divergence, where the price made a lower high while the RSI made a higher high, suggesting that the downtrend remains dominant despite temporary momentum increases [2]. - The MFI has been forming higher lows while the HBAR price has been making lower lows, indicating some dip buying, but this is not strong enough to reverse the trend [5]. Future Outlook - For HBAR to regain strength, it must close above $0.154 on a daily basis, which would alleviate some selling pressure and potentially open the path towards $0.1808, contingent on a recovery in dip buying and MFI [8].
VIRTUAL Price Could Rally Beyond $3 If This Pullback Level Holds — Here’s Why
Yahoo Finance· 2025-10-28 11:44
Core Insights - The price of Virtuals Protocol (VIRTUAL) has decreased by 8% in the last 24 hours but remains up nearly 79% over the past week, indicating a potential pause before further upward movement if it maintains above a key support level [1] Accumulation by Mega Whales - Mega whale wallets, comprising the top 100 VIRTUAL addresses, have increased their holdings by 0.06% to 966.01 million tokens, adding approximately 0.58 million VIRTUAL during the recent dip [2] - This accumulation suggests that large holders perceive the current price correction as temporary, while smaller holders are taking profits [3] Market Signals and Trends - The 100-period Exponential Moving Average (EMA) has crossed above the 200-period EMA, indicating a bullish trend in the short term [5] - The Money Flow Index (MFI) is showing signs of upward movement, indicating a return of buying power, particularly from retail traders reacting to whale activity [6] Price Patterns and Projections - VIRTUAL has recently broken out of a flag-and-pole pattern near $1.42, with a projected price target of $3.34, representing a potential gain of 133% from current levels [7] - To confirm renewed strength, the token must close a full 4-hour candle above $1.65, with recent price action showing a higher low while the Relative Strength Index (RSI) made a lower low [8]
Whales and Retail Back Cardano (ADA) Price Rebound Despite Bearish Signals
Yahoo Finance· 2025-10-11 19:38
Core Viewpoint - Cardano (ADA) has experienced a significant decline, dropping nearly 20% in the past 24 hours and 26.2% over the last 30 days, but is attempting a recovery with support from both whales and retail traders [1][2]. Group 1: Whale Activity - Cardano whales have increased their holdings from 13.06 billion ADA to 13.20 billion ADA, a gain of 0.14 billion ADA valued at approximately $89.6 million at the current price of $0.64 [2]. - This accumulation by whales began before the recent crash and has continued, indicating their expectation of stability or a rebound [3]. Group 2: Retail Trader Involvement - Retail traders are joining whales in purchasing ADA, contributing to the buying strength that may support a gradual price recovery [4]. Group 3: Technical Analysis and Risks - Despite the accumulation, three technical risks persist: the Smart Money Index (SMI) has sharply declined and remains weak, indicating a lack of professional trader confidence [5]. - The Relative Strength Index (RSI) shows no bullish divergence, with ADA's price making lower lows alongside the RSI, suggesting that momentum has not reversed [6]. - ADA is currently oversold at an RSI of 30, but the absence of divergence indicates a potentially slower rebound compared to other altcoins [7]. Group 4: Price Levels and Projections - Cardano is trading near $0.64, with a daily close above $0.68 potentially leading to a short-term recovery towards $0.76 and $0.89, while a drop below $0.61 could push the price down to $0.55 [8].