Whales Accumulate Litecoin as Investor Confidence Grows Amid Potential Price Rallies

• Crypto whales have shown renewed confidence as metrics reveal rising accumulation of Litecoin, Uniswap, and Virtuals Protocol in late March.

• Litecoin (LTC) and Uniswap (UNI) have seen a significant increase in whale wallets, while Virtuals Protocol (VIRTUALS) is attracting attention amid hopes for recovery in the AI sector.

• According to data from Santiment, key resistance levels for LTC stand at $130, for UNI at $9.64, and for VIRTUALS at $1.49 if the bullish trend continues.

Explore how recent whale activities in Litecoin, Uniswap, and Virtuals Protocol signal potential bullish trends and resistance levels to watch.

Litecoin (LTC): Growing Whale Interest Sparks Fresh Momentum

The rise in the number of Litecoin whales indicates a renewed interest from significant holders in the market. Wallets containing between 10,000 and 100,000 LTC increased from 503 to 519 from March 21 to March 23, showcasing a strong trend of accumulation among large investors.

This uptick could fuel an upward trajectory for Litecoin, with potential targets of $97.29 and $109 coming into play. A sustained **breakout** beyond these levels might pave the way for an advance towards $130 within the coming weeks.

Source: Santiment – Number of Addresses Holding Between 10,000 and 100,000 LTC.

With whale accumulation often pointing to increased bullish sentiment, this recent spike suggests growing confidence in Litecoin’s short-term outlook. However, if the anticipated momentum does not materialize, a fallback to support levels at $87 may occur, and a breach below this could weaken the bullish momentum further, nudging prices down to $83.

Uniswap (UNI): Whale Accumulation Amid Ecosystem Developments

Recent sentiments surrounding Uniswap have experienced fluctuations, especially following critiques of the Unichain Layer 2 mainnet launch. Yet, market dynamics shifted positively after the community endorsed a robust $165.5 million investment into its ecosystem.

In line with this positive shift, whale accumulation of UNI has increased notably, with wallet counts of 10,000 to 1,000,000 UNI climbing from 1,151 to 1,158 between March 20 and March 23. This uptrend signals a renewed focus from hefty investors.

Source: Santiment – Number of Addresses Holding Between 10,000 and 1,000,000 UNI.

With continued bullish momentum, Uniswap could aim to clear resistance levels at $7.69 and $8.33, and an upward breakthrough may elevate the price towards $9.64. Conversely, a decline in bullish sentiment could force UNI to retest its support level at $6.82, with further drops possible to $5.97 and potentially $5.50 if bearish conditions persist.

Virtuals Protocol (VIRTUALS): Whale Activity Indicates Potential Recovery

VIRTUALS has recently attracted more whale activity, especially after reaching historically low values. The number of addresses holding between 100,000 and 1,000,000 VIRTUALS has risen from 82 to 88, indicating a shift in investor sentiment.

If recovery trends in the AI cryptocurrency sector materialize, VIRTUALS stands to gain significantly. The token may test resistance at $0.97, and successful breaks above this could propel its price towards $1.24 and $1.49.

Source: Santiment – Number of Addresses Holding Between 100,000 and 1,000,000 VIRTUAL.

The ongoing whale accumulation could support these upward movements, particularly if the broader sentiment in the AI crypto sector improves. However, if bearish trends continue, VIRTUALS may need to reassess its support at $0.80. A break below this level could send the price down to $0.51, and falling through $0.50 would denote the lowest valuation since November 2024.

Conclusion

The uptick in whale accumulation for Litecoin, Uniswap, and Virtuals Protocol highlights a collective shift in market sentiment, providing potential bullish outlooks for these cryptocurrencies. Investors are urged to monitor key resistance and support levels that could shape future price movements. As broader market conditions evolve, these dynamics will be critical in determining the trajectory of these altcoins.