The post Cardano Faces Selloff as Traders Turn to XRP and MAGACOIN FINANCE appeared on BitcoinEthereumNews.com. Crypto News Cardano drops below $0.66 as XRP whales accumulate and MAGACOIN FINANCE draws buyers calling it the next DOGE or ETH. Cardano and XRP are going in different directions as the market experiences a new selling force. Cardano has been falling below major support at $0.66 following its inability to recover resistance at around $0.74. However, XRP is currently receiving renewed interest since Ripple intends to purchase about 1 billion tokens. Analysts are declaring this a once-in-a-year-buy signal, that the whales are possibly preparing to make the next big uptrend early. In the midst of these events, traders are extending into early stage cryptos like MAGACOIN FINANCE, which is already gaining traction as most altcoins consolidate. Cardano Struggles to Hold Ground as Whales Exit Positions According to TradingView statistics, Cardano has lost key support levels in a few days although inflows have soared to 3 month high. Having not managed to surge past $0.74, it dropped lower than $0.70 and $0.66 and is currently trading at an approximation of $0.62. This fall was anticipated by top analyst Dan Gambardello last week when he noted that a lower-trendline rejection had affirmed the continued presence of bearish pressure. Source: TradingView According to Santiment data, the number of large holders sold approximately 40 million ADA in the last week reducing their total holdings to $5.49 billion. This decline is in line with a risk-averse attitude by institutional and retail investors that are restricting their exposure to risky assets. Coinglass open-interest data also indicates that the futures positions of Cardano dropped by 2.12% to $669 million. The contraction is an indicator of weak leverage and a more defensive position with traders liquidating positions on low-volume days. According to analysts, it is imminent that ADA will go through a consolidation phase of between $0.60… The post Cardano Faces Selloff as Traders Turn to XRP and MAGACOIN FINANCE appeared on BitcoinEthereumNews.com. Crypto News Cardano drops below $0.66 as XRP whales accumulate and MAGACOIN FINANCE draws buyers calling it the next DOGE or ETH. Cardano and XRP are going in different directions as the market experiences a new selling force. Cardano has been falling below major support at $0.66 following its inability to recover resistance at around $0.74. However, XRP is currently receiving renewed interest since Ripple intends to purchase about 1 billion tokens. Analysts are declaring this a once-in-a-year-buy signal, that the whales are possibly preparing to make the next big uptrend early. In the midst of these events, traders are extending into early stage cryptos like MAGACOIN FINANCE, which is already gaining traction as most altcoins consolidate. Cardano Struggles to Hold Ground as Whales Exit Positions According to TradingView statistics, Cardano has lost key support levels in a few days although inflows have soared to 3 month high. Having not managed to surge past $0.74, it dropped lower than $0.70 and $0.66 and is currently trading at an approximation of $0.62. This fall was anticipated by top analyst Dan Gambardello last week when he noted that a lower-trendline rejection had affirmed the continued presence of bearish pressure. Source: TradingView According to Santiment data, the number of large holders sold approximately 40 million ADA in the last week reducing their total holdings to $5.49 billion. This decline is in line with a risk-averse attitude by institutional and retail investors that are restricting their exposure to risky assets. Coinglass open-interest data also indicates that the futures positions of Cardano dropped by 2.12% to $669 million. The contraction is an indicator of weak leverage and a more defensive position with traders liquidating positions on low-volume days. According to analysts, it is imminent that ADA will go through a consolidation phase of between $0.60…

Cardano Faces Selloff as Traders Turn to XRP and MAGACOIN FINANCE

2025/10/18 11:03
Crypto News

Cardano drops below $0.66 as XRP whales accumulate and MAGACOIN FINANCE draws buyers calling it the next DOGE or ETH.

Cardano and XRP are going in different directions as the market experiences a new selling force. Cardano has been falling below major support at $0.66 following its inability to recover resistance at around $0.74. However, XRP is currently receiving renewed interest since Ripple intends to purchase about 1 billion tokens. Analysts are declaring this a once-in-a-year-buy signal, that the whales are possibly preparing to make the next big uptrend early.

In the midst of these events, traders are extending into early stage cryptos like MAGACOIN FINANCE, which is already gaining traction as most altcoins consolidate.

Cardano Struggles to Hold Ground as Whales Exit Positions

According to TradingView statistics, Cardano has lost key support levels in a few days although inflows have soared to 3 month high. Having not managed to surge past $0.74, it dropped lower than $0.70 and $0.66 and is currently trading at an approximation of $0.62. This fall was anticipated by top analyst Dan Gambardello last week when he noted that a lower-trendline rejection had affirmed the continued presence of bearish pressure.


Source: TradingView

According to Santiment data, the number of large holders sold approximately 40 million ADA in the last week reducing their total holdings to $5.49 billion. This decline is in line with a risk-averse attitude by institutional and retail investors that are restricting their exposure to risky assets.

Coinglass open-interest data also indicates that the futures positions of Cardano dropped by 2.12% to $669 million. The contraction is an indicator of weak leverage and a more defensive position with traders liquidating positions on low-volume days. According to analysts, it is imminent that ADA will go through a consolidation phase of between $0.60 and $0.57 before it can make an attempt of recovery.

XRP Whales and Ripple’s $1B Strategy Boost Market Confidence

Whereas Cardano is struggling with the selling pressure, XRP is already displaying indications of recovery through strategic accumulation. It is reported that Ripple Labs is about to raise capital by launching a new digital asset treasury that has the potential to acquire approximately $1 billion of XRP. The company is already in possession of over 4.5 billion XRP in supply and has another 37 billion in escrow, which it has major control over the supply and liquidity.

The support zone of $2.32 is now a critical level observed by traders. According to analyst TurboBull21, the field has historically produced massive breakouts and may aid a 31% rise to $3.04. Other analysts including Ali Martinez observed that a brief slip to $2 could be a prime dip-buying opportunity before being pushed further. As Swell 2025 nears and there are talks of an XRP ETF in the background, institutional buyers are likely to bring new energy to the market.


Source: X

The developments have prompted investors to seek altcoins with the same potential. One of them is MAGACOIN FINANCE which has gained popularity as a new opportunity on a par with early-stage Dogecoin or Ethereum.

MAGACOIN FINANCE Emerges as the Next Big Opportunity

As the market searches for the next cycle’s standout token, MAGACOIN FINANCE is gaining traction as what many call “the next Dogecoin or Ethereum.” The project’s presale has already attracted thousands of participants and continues to trend across crypto channels. Investors are positioning early before its upcoming exchange debut, which could introduce the token to a wider audience and unlock mainstream accessibility.

Analysts point to its transparent tokenomics, growing community, and strong presale performance as reasons for optimism. MAGACOIN FINANCE has been described as one of 2025’s most promising early-stage projects, combining strong fundamentals with high upside potential. Traders note that each presale round is selling faster than the last, reflecting strong demand even during broader market caution.

Community discussions suggest that once the token lists on major exchanges, early investors could benefit from sharp price discovery phases similar to those seen during the early growth of XRP and Bitcoin. This combination of credibility and timing has made MAGACOIN FINANCE one of the best crypto to buy while market prices remain low.

Conclusion

Cardano’s short-term weakness contrasts with renewed accumulation in XRP and rising excitement around MAGACOIN FINANCE. As Ripple’s billion-dollar move draws investor focus back to altcoins, new projects with verified credibility are seeing unprecedented interest. MAGACOIN FINANCE continues to gain traction as the best crypto to buy ahead of its listings, offering an early entry point for traders looking to diversify.

Market analysts suggest this could be a “once-in-a-year” accumulation window — the same kind of setup that rewarded early Dogecoin and Ethereum buyers years ago. With prices still stable and the presale progressing rapidly, MAGACOIN FINANCE remains one of the best crypto to buy before the next major rally begins.

To learn more about MAGACOIN FINANCE, visit:

Website: https://magacoinfinance.com 

Twitter/X: https://x.com/magacoinfinance 

Telegram: https://t.me/magacoinfinance 


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Author

Krasimir Rusev is a journalist with many years of experience in covering cryptocurrencies and financial markets. He specializes in analysis, news, and forecasts for digital assets, providing readers with in-depth and reliable information on the latest market trends. His expertise and professionalism make him a valuable source of information for investors, traders, and anyone who follows the dynamics of the crypto world.

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