Saga priceSAGA

Solana's market trend is currently experiencing a downturn, with a 6.04% increase in the last 24 hours, but a 25.60% decline in the last 7 days. The cryptocurrency's price has been consolidating in a range, with a potential breakdown below the support level of $120. Key Statistics: Market Capitalization:_ $66B, with a 5.99% increase in the last 24 hours 24-hour Trading Volume:_ $5.45B, with a 2.40% increase Circulating Supply:_ 498.37M SOL Technical Analysis: Solana's short-term trend is bearish, with a potential breakdown below the support level of $120. However, the long-term trend remains bullish, with Solana's price expected to rebound and potentially reach new highs. Recent Developments: Solana has been working on improving its blockchain and ecosystem, with recent developments including the introduction of a new compiler called Solang, which allows Ethereum smart contract developers to deploy smart contracts on Solana without needing to learn Rust or C ². Additionally, Solana has unveiled its own Web3 smartphone, Saga, with a native store for dApps.

The effects of large-scale crypto holders were seen in the last 24 hours before the Bybit saga weighed on sentiments. XRP whales purchased large amounts of tokens as altcoins flipped green. Institutional investors maintain their interest in XRP, citing cross-border solutions and a possible spot ETF approval in the United States. At press time, the total crypto market capitalization stood at $3.19 trillion. Whales Back XRP Growth In the last 24 hours, a group of whales scooped over $20 million worth of XRP, leading to an uptick in hourly trading volume. This follows similar trends in altcoins as bulls aim for a rebound before the end of the month, known for positive growth in altcoins. After a string of bullish activity, the asset ticked up 2% within hour,s taking down hourly numbers. However, these gains were short-lived because of the wider market downturn and the infamous Bybit scandal that wiped over $1.4 billion from the market. This week XRP holders showed enthusiasm after the approval of the first spot XRP ETF in Brazil sending positive signals to the United States market. Amid several applications for ETF products, crypto users rally behind XRP due to its institutional interests. According to Bitwise’s CEO, the chances of approval remain high. “I would say two things on things up front… I think there’s substantial demand for an XRP ETF. XRP has had a sustained community for extremely long period of time. It’s an asset that trades significantly on centralized exchanges. I think people would love to find a way to hold it in a simple low-cost easy-to-use ETP structure. And I would say the second piece is the SEC much more receptive to discussion under the new administration than they were in the past.” Traders Move To Altcoins Amid Cycle Swing Upward momentum in XRP led to similar trading patterns in a slew of altcoins. This was also fueled by the CryptoQuant CEO’s view on an altcoin season. For Ki Young Ju, the altcoin season has started as stablecoin holders back the asset. Although there is no capital rotation, Young Ju stressed that BTC dominance doesn’t reflect the trend anymore as it’s a “selective alt season.” Ethereum price also ticked up in hourly trading, showing signs of a strong rebound when the market flips green. Meme coins followed the same trajectory before the negative sentiment occasioned by the Bybit hack.

Litecoin whales have shaken the crypto market to its core on Saturday, embarking on a massive buying spree amid the latest ETF advancement. Renowned crypto analyst Ali Martinez revealed that these whales accumulated nearly 1 million tokens over the past two weeks. Investors are eyeing this as a highly bullish event, given that the market has also seen Canary Capital’s LTC ETF on the Depository Trust & Clearing Corporation (DTCC) recently. 🔸 #Litecoin Whales Buy Heavily, Investors Bullish Amid ETF Development According to an X post by Ali Martinez on February 22, Litecoin whales acquired 930,000 tokens in the past two weeks. This data reverberated substantial market optimism for the crypto, underscoring heightened buying pressure despite the broader market turbulence. Notably, crypto whales are large-scale investors with considerable trading experience in the market. Their trade maneuver to accumulate coins surfaces as bullish news, underlining market confidence in the token’s potential to gain on the back of recent developments. 🔸 Canary Capital’s ETF Emerges On DTCC The latest ETF development for the token has solidified hopes of an approval ahead. CoinGape reported that Canary’s LTC ETF appeared on the DTCC platform under the ticker LTCC this week. This saga has solidified investor bullishness as an exchange-traded product backed by the crypto may be available soon. Also, renowned ETF analyst Eric Balchunas further anticipated that there is a 90% chance of approval in 2025. The Litecoin whale accumulations amid this bullish event have further boosted the coin’s market sentiment, indicating potential gains ahead. 🔸 #LTC Price Eyes Rally? However, despite the massive buying, LTC price tanked over 5% on Saturday, closing in at $128.13. The coin hit a bottom and peak of $123.93 and $139.86 in the past 24 hours. The weekly chart for the token also illustrated a 3% drop. This waning action primarily falls in with the broader crypto market volatility.

#SAGA/USDT SPOT/FUTURE ENTRY PRICE 0.60 TO 0.68 TARGETS 0.75 0.80 0.90 1.00 1.20 1.40 1.50 2.00 2.50 3.00 🚀🚀🚀 HOLDING TIME 1MONTH ALWAYS BUYING IN PARTS BUY ON EVERY DIP USE 2% MARGIN OF YOU WALLET IN FUTURE USE ONLY 3X TO 5X LEVERAGE

It seems like you're expressing relief and possibly a bit of frustration that the $LAYER hype is finally over! 😅 You mention that you're "back" and that no loss is a profit, suggesting that you may have taken a break from trading or investing in $LAYER due to emotional exhaustion. 🤯 The mention of 1.4 likely refers to a price target or a significant level that you were waiting for, but unfortunately, it didn't materialize. 😔 Overall, it seems like you're taking a deep breath and moving on from the $LAYER saga! 👋