Ripple’s (XRP) Next Price Targets, Cardano (ADA) Whales on the Move and More: Bits Recap February 13

Here’s everything most interesting around XRP, ADA and BTC.

The whales of Cardano (ADA) have been quite active over the past week, while an interesting development suggests that Bitcoin (BTC) could experience another pullback in the near term.

What’s next for XRP?

At the time of writing, Ripple’s cross-border token is trading just below $1.40, representing an increase of 3% on a weekly scale. As usual, this has been the subject of numerous price predictions in recent days, and the majority seem optimistic.

The analyst who recently went by the X nickname X Finance Bull claimed that the XRP bull catalyst is “loading,” based on the recent interview of Scott Bessent (US Secretary of the Treasury), which appeared on Fox News. The politician confirmed that the Clarity Act (a proposed legislative framework designed to regulate the crypto sector in America) should be passed this spring.

X Finance Bull argued that Ripple has more than 100 institutional partners waiting for the green light, predicting that “once it is signed, the rush for XRP will begin.” CRYPTOWZRD also contributed. The analyst accepted that further bullish move is “highly likely” for XRP, highlighting the importance of holding above the $1.3820 level.

Meanwhile, factors such as the dwindling number of coins on Binance and the formation of certain technical patterns suggest that Ripple’s native cryptocurrency could indeed be heading north soon.

ADA whales make moves

Cardano’s native token has also recovered by around 3% in the past week; However, this move coincides with a wave of selling by major investors, known as whales. Ali Martinez revealed that these market participants dumped almost 200 million tokens in seven days, a supply with a current USD equivalent of around $50 million.

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These actions are worrying because they could spread panic throughout the community and push smaller players to cash out as well. After all, whales are considered experienced investors whose buying or selling decisions can be based on potential insider information that most humans lack.

Additionally, sell-offs increase the amount of ADA available on the open market, and fundamental economics suggest the price could fall if demand fails to keep pace.

Despite the bearish factor, some analysts remain optimistic that a rebound is on the way. X user Aman recently noted that ADA’s valuation fell to the $0.26 demand zone, which has led to substantial rebounds in previous cases.

More problems for BTC?

The primary cryptocurrency fell to around $60,000 last Friday, marking the lowest level since October 2024. At the time of writing, the price is trading around $67,000, but certain elements indicate that a new downtrend could be on the horizon.

Recently, an anonymous whale deposited 8,200 BTC into Binance. The analytics company Lookonchain announced that when they make such transfers, the asset drops. It is worth noting that the price of BTC was hovering around $69,000 at the time of the deposit, but dropped to a low of $65,000 just minutes later.

An analysis of Alpharactal showed another potential bearish signal. The platform revealed that BTC’s long-term Realized Cap Impulse (a measure used to assess new capital entering the ecosystem) has turned negative after three years.

Alphractal explained that such developments have historically had major impacts on assets, coinciding with periods of significant corrections or prolonged bear markets.