"Institutional Giants Accumulate 1.41B ADA, Sparking Cardano Price Rally"

In recent developments, the crypto sector has witnessed significant movements, with large firms increasingly engaging in the space. According to data, wallets holding over 1 million ADA have grown substantially since November 2023, amassing an additional 1.41 billion ADA tokens. This accumulation, representing 2.35% of ADA's total supply, signals strong institutional support for the project and contributes to the Cardano price rally.

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 over 120,000 assets, DTX Exchange is emerging as one of the best altcoins to watch. This has seen the DTX token attract major investors as its presale hits over $14.3 million with a price rally of 800% to hit $0.18.

Whale movements have had a significant impact on the market. Sentiment research reveals a substantial 107% price rally since the wallets' accumulation. Market watchers believe this isn't just another pump-and-dump situation but marks a fundamental 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.

The Shiba Inu price recently bounced off a strong historical support level, suggesting 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