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🐋 Cardano Whales Are Back — Big Money Moves, Big Price Inco

CryptoPotato

Updated at: 3 hours ago

{"content":"🐋 Cardano Whales Are Back — Big Money Moves, Big Price Incoming? Santiment on-chain data shows whales had collected 80 million ADA in 48 hours, boosting bullish sentiment. Large-scale purchasing activity indicates increased confidence among significant players, which might lead to a breakthrough. Whales generally drive market changes, and their newfound interest in Cardano may indicate a long surge. As a near-term barrier, $0.90 must be reclaimed to open higher objectives. The following days may determine ADA's pricing structure. If bulls overturn this barrier, the following move up might revive Cardano and altcoin excitement. Whale Accumulation Signals Strength: Buyers Want Breakout Despite this strong return, ADA is 43% behind its December 2024 highs of $1.32. Altcoins are cautiously optimistic, as this gap shows. ADA is creating a foundation above $0.74, which might lead to a breakthrough. Market structure is tightening, so the next move—up or down—may be sharp. An aggressive push over $0.90 would confirm a breakthrough and potentially rekindle retail and institutional investor interest. This large-scale accumulation suggests major players are more confident and might spur additional rise. Whale activity frequently accompanies major price movement, suggesting ADA may be about to make a big move. After falling below $0.80, #Cardano is attempting a critical support zone around $0.74. ADA surged to local highs of $0.90 in May, but it has since retraced and is stabilizing just above its 200-day EMA (about $0.71). This level represents dynamic support and might determine the following move. Price structure shows #ADA is in a key phase. If the token breaks below the EMA and horizontal support at $0.72, it may retrace to prior consolidation zones. However, recovering $0.80 would invalidate the bearish situation and suggest a push into $0.90 and $1.00, historical barrier. The current downturn has seen significantly lower volume, indicating profit-taking rather than panic selling. For bullish continuation, monitor the 200 SMA over $0.80. $ADA ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/18/be92c0a542bb40ef8effaa245b902c16.png"],"tags":[],"tradingPairs":["ADA/USDT"],"quotearticleid":0}

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