3 Altcoins Crypto Whales Are Buying Ahead of October Rate Cuts
Crypto whales are accumulating Dogecoin (DOGE), Cardano (ADA), and BROCCOLI ahead of anticipated October Federal Reserve rate cuts, signaling potential rebounds.Summary
Despite recent market drops, large crypto investors, or whales, are actively accumulating three specific altcoins in anticipation of expected Federal Reserve rate cuts in October. Dogecoin (DOGE) has seen whale holdings increase by about 1.45 billion DOGE since October 16, coinciding with a bullish divergence on the daily RSI chart; a close above $0.188 could signal recovery.
Cardano (ADA) is also seeing aggressive accumulation from two key whale cohorts, adding roughly $150 million worth of ADA in under a week despite a 32% price drop. ADA shows a strong bullish divergence between price and RSI, suggesting weakening bearish momentum; a close above $0.68 might target $1.01.
Finally, the less conventional altcoin BROCCOLI (CZ’s Dog) is attracting interest, with whale holdings rising 8.9% in 24 hours, despite a general reduction by 'smart money' wallets. Its Money Flow Index (MFI) shows a bullish divergence, indicating growing accumulation; confirmation requires a close above $0.027.
(Source：BeInCrypto)