The crypto market has seen a growth of 238 billion dollars in the last 48 hours, and signs of recovery are visible in many cryptocurrencies. It is therefore crucial to monitor the actions of whales to determine which crypto tokens should not be overlooked.

In this context, BeInCrypto has analyzed three of these altcoins that crypto whales are currently buying.

Franklin The Turtle (FRANKLIN)

TURTLE is attracting significant interest from whales, with major portfolios having acquired 15,77 million tokens in the last 24 hours. This accumulation underscores renewed confidence among the top holders of the altcoin, despite the overall weakness of the market.

The purchased supply, valued at over $1.14 million, shows that investors are taking advantage of the dip as TURTLE trades at $0.0723. The price of the altcoin has been stuck in a downward trend for a month, but rising accumulation could signal the beginning of a change in sentiment.

Thus, the Bollinger Bands are tightening, indicating imminent volatility. Combined with the ongoing activity of whales, this could help TURTLE surpass $0.0760 and end its downward trend. The altcoin could then climb towards $0.0942.

ZORA is experiencing renewed accumulation by whales, with large holders increasing their holdings from 876,000 to 1.33 million tokens in just 24 hours. This increase reflects growing confidence as market conditions improve and buyers position themselves for a new rise.

The altcoin has climbed 18% over the last 48 hours and is currently trading at $0.0528, above the support level of $0.0506. Sustained momentum could help ZORA reach the resistance of $0.0568, as suggested by the ongoing bullish crossover of the MACD, or even climb higher if demand strengthens.

However, if bullish sentiment calms, ZORA could lose its support at $0.0506 and drop towards $0.0447. Such a decline would nullify the optimistic outlook and signal a weaker short-term trend.

FARTCOIN whales have increased their assets by 3.42% over the last 24 hours, going from 114 million to 118 million tokens. These additional 4 million FARTCOIN, valued at over $1.56 million, signal renewed confidence from large holders during a volatile market phase.

This accumulation could extend FARTCOIN's 12% rise this Thursday, December 4, with the altcoin trading at $0.392 under the resistance of $0.417. The Parabolic SAR indicator shows an active bullish trend, suggesting that the price could continue to rise towards $0.470 if momentum remains intact and buyers stay engaged.

If bullish strength weakens or investors decide to take profits, FARTCOIN could slip below its support level of $0.358. A bearish break from there could push the price to $0.320, and losing this floor would invalidate the current bullish thesis.

The moral of the story: The market is down, whales are buying, the market is rising, whales are buying.