Nosana Price Skyrockets 130%+ as Crypto Whales Dive In—Can This Rally Sustain?

Nosana just ripped past a 130% surge—whales are circling, and the market's buzzing.

Whale Watch Triggers FOMO Wave

Big players piled in, sparking a classic crypto momentum play. Retail traders scrambled, liquidity tightened, and the charts went vertical.

Sustainability Check: Speculation or Substance?

Gains this fierce often face profit-taking pressure. Will the hodlers hold, or will paper hands crumble? History’s littered with altcoin rallies that flamed out faster than a shitcoin promises.

One thing’s clear—when whales move, markets notice. Whether this is the start of a real breakout or just another pump waiting for a dump… well, that’s crypto for you. Never a dull moment—or a guaranteed win.

Additional data from the blockchain analytics platform reveals that the total amount of NOS tokens held on exchanges (both centralized and decentralized) dropped 7.5% over the last 7 days to 13.24 million when writing. 

A decline in exchange balances means that fewer tokens are readily available for sale, reflecting a reduction in short-term selling pressure. Traders typically turn bullish in such a scenario, as they interpret it as increased conviction among holders.

The increased accumulation by whales, combined with investors withdrawing their tokens from exchanges, has triggered a significant surge in retail demand as Nosana continues to trend in Google searches.

Nosana is a decentralized compute protocol built on Solana, designed to provide low-cost, distributed infrastructure for AI model training, DevOps workflows, and Web3 CI/CD automation.

The project’s goal is to offer a decentralized alternative to traditional cloud services like AWS, Google Cloud, and Microsoft Azure by allowing developers to run containerized jobs, including code builds, model training, and smart contract testing across a permissionless network of independent compute providers.

NOS plays a central role within this economy as it is used for job payments and network incentives. Users can also stake the token and participate in governance votes.

NOS price analysis

NOS price has broken above a descending trendline this week after touching nearly two-year lows on the daily chart. This trendline, in place since mid-May, had kept the price under sustained downward pressure. 

In technical analysis, a breakout above such a pattern is interpreted as a bullish reversal, which signals the potential start of a new upward trend.

Reinforcing this outlook, the Supertrend indicator has flipped to a green signal and remains positioned below the current price level, which traders widely regard as a buy signal.

At the same time, the MACD line had formed a positive crossover with the signal line. When this signal appears, the rally tends to continue upwards in the short term.

Given the current setup, the next likely move for NOS WOULD be a recovery rally to its recent high of $1.27. 

A decisive breakout above this resistance could open the way for a rally toward $1.92, based on a measured MOVE calculated from the Fibonacci extension levels. At press time, the projected target remains 110% from the current price level.

However, a drop below the $0.74 support, which aligns with the 38.2% Fibonacci retracement level, would invalidate this setup.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.