1. Despite Increased Trading Activity, Investors Aren’t Convinced by NOT
2. Whales Accumulate XRP But Don’t Reflect On Price Action
3. Optimism for DigiHorse (DIGI) Reaches an All-time High

Analysts forecast DigiHorse (DIGI) to lead the upcoming alt season thanks to its unique features and new Web3 horse game.

Despite Increased Trading Activity, Investors Aren’t Convinced by NOT

At press time, the 4-hour chart of NOT indicates it is trading within a bearish pattern, suggesting that NOT is likely to fall below the 0.0085239 point, a critical support level. Analysts state that the increased trading volume isn’t compelling. This perspective is supported by a technical rule that expects the price of an asset to fall if there’s increased trading volume without corresponding price support. This situation has led investors to seek better alternatives.

Whales Accumulate XRP But Don’t Reflect On Price Action

Reports indicate a growing number of activities involving XRP, with an increasing number of whale holders—investors who hold large amounts of a token. Typically, this would be a bullish signal; however, that isn’t the case for XRP. The chart pattern suggests otherwise—that whales’ gradual accumulation of XRP has yet to influence its price action. Currently, it is trading within a minor regression channel, reacting off the support level. If this channel is broken, then the impact of whale activities might become more apparent.

Optimism for DigiHorse (DIGI) Reaches an All-time High

Optimism among analysts and investors has notably increased following the success of the first presales, which generated $150,000 in record time. Going forward, analysts expect this to be replicated with phase 2, currently priced at $0.004567 and expected to yield a 1542% return on the day of launch. Moreover, recent developments indicate that $120,000 worth of DIGI has been sold in this phase 2, accounting for 26,353,734 units sold within five days. Analysts anticipate that the upcoming altcoin season will be a crucial factor in concluding this phase. Rising investor interest in DIGI extends beyond the token itself, driven by the upcoming DigiHorse game designed to address issues faced by other popular Web3 gaming platforms while adding unique features. Additionally, anticipated partnerships with top NFT platforms and Web3 gambling sites enhance DIGI’s attractiveness.

Analysts see DigiHorse (DIGI) as a promising project with a bright future in the upcoming alt season, despite declining interest in NOT and XRP.