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

Here is everything that is most interesting about XRP, ADA, and BTC.

Ripple’s XRP has rebounded significantly since the crash on February 6, and now many analysts believe another pump may be imminent.

Cardano’s (ADA) whales were quite active last week, while an interesting development suggests that Bitcoin (BTC) may find a new pullback in the short term.

What’s Next for XRP?

As of press time, Ripple’s cross-border token is trading just under $1.40, representing a 3% increase on a weekly basis. As usual, it has been the subject of many price predictions in the past few days, and most seem optimistic.

An analyst who goes by the X moniker X Finance Bull recently said that the XRP bull catalyst is “loading,” based on a recent interview with Scott Bessent (US Treasury Secretary), who appeared on Fox News. The politician confirmed that the Clarity Act (a proposed legal framework designed to regulate the crypto sector in America) needs to be passed this spring.

IX Finance Bull argued that Ripple has more than 100 institutional partners waiting for the green light, predicting that “once it is signed, the rush to XRP begins.” CRYPTOWZRD is in again. The analyst opined that a further move is “very likely” for XRP, stressing the importance of holding above the $1.3820 level.

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

ADA Whales make a move

Cardano’s native token is also up nearly 3% in the past week; however, that move is accompanied by selling by large investors, often referred to as whales. Ali Martinez revealed that these market participants disposed of nearly 200 million tokens within seven days, a stash with the current USD equivalent of $50 million.

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These actions are worrisome as they can create panic among the public and make small players withdraw money. After all, whales are considered experienced investors whose decisions to buy or sell may be based on inside information that most people don’t have.

Additionally, the transaction increases the price of ADA available on the open market, and basic economic principles suggest that the price may fall if demand fails to keep pace.

Despite the bearish factor, some analysts are still optimistic that a recovery could be on the way. X user Aman recently noticed that the price of ADA has dropped to the $0.26 demand zone, which in previous cases has caused a huge recovery.

More BTC Problems?

The main cryptocurrency fell to around $60,000 last Friday, marking its lowest level since October 2024. As of this writing, it is trading around $67,000, but some factors indicate that a renewed decline may be on the horizon.

Recently, an anonymous whale deposited 8,200 BTC on Binance. Analytics company Lookonchain revealed that whenever they make such a transfer, the asset drops. It is worth noting that the BTC price hovered around $69,000 at the time of the deposit, but minutes later it sank to as low as $65,000.

Analysis by Alphractal showed another possible bearish signal. The platform revealed that BTC’s long-term Realized Cap Impulse (a metric used to assess whether new capital is entering the ecosystem) turned negative after three years.

Alphractal explained that, historically, such developments have had a significant impact on assets, accompanying periods of significant corrections or prolonged bear markets.