• ADA is trading at $0.8200 with a 24-hour trading volume of $1.22B.
• Price is bouncing from the $0.8150–$0.8320 support zone.
• Bullish momentum is possible if ADA closes above $0.8600.
• ADA is down 1.61% in the past 24 hours, with a weekly decline of 2.05%.

Cardano (ADA) remains under notable pressure, reflecting broader market sentiment. In the past 24 hours, ADA slipped by 1.61%, while weekly losses total 2.05%.

At the time of writing, ADA is trading at $0.8244, supported by a 24-hour trading volume of $1.22 billion, reflecting a 4.89% surge in market activity. The current market capitalization is $29.46 billion, underscoring the asset’s relevance in the crypto space.

Recent on-chain data shows significant activity from Cardano whales. Analysts report that approximately 30 million ADA tokens, valued at around $25 million, were sold over the last week. Such moves typically indicate redistribution rather than panic selling.

Market observers suggest that this activity may provide accumulation opportunities for other traders, strengthening support around key levels.

Also Read: Cardano Price Analysis: ADA Must Break $0.88 to Confirm Rally Toward $1.23

ADA Technical Structure Signals Strength

The ADA chart highlights a prominent sell-side liquidity zone between $0.8150 and $0.8320. Price recently tested this area, triggering stop-hunts targeting long positions, but it quickly rebounded. This zone has transformed into a critical support level, signaling that buyers are defending it actively.

The shape of Cardano’s price makes a rounded bottom, cup shape that’s a typical setup for a bullish continuation. Crypto analyst LSTRADER notes that a breakout above the $0.8450–$0.8600 range on the close could be a persuasive breakout above consolidation into a bull phase. Primary near-term resistances are $0.8800, $0.9000, and $0.9450–$0.9600. A long-term target on the upside is $1.0200, or approximately 24% higher than current levels.

Momentum Indicators Favor Buyers

Technical indicators confirm the bullish mood. The Relative Strength Index (RSI) stands at 53.21, only marginally above its moving average at 51.36. It positions this level within a neutral-to-bullish zone that suggests buyers currently have strength without going too far. A move above 55–60 could confirm bullish indications even further, but a move below 50 can suggest further eroding strength.

The MACD shows its main line at 0.03668, higher than the signal line at 0.01982, which was confirmed by a positive histogram of 0.01686. The present bullish crossover suggests upside momentum. The increasing difference between the MACD and signal line further confirms buyer supremacy, increasing possibilities of further upward movement.

ADA sustains a delicate balance between whale-generated pressure and fresh buying vigor. Watching important levels in the $0.8150–$0.8600 range will probably determine the next large move, retaining likely upside if supports remain firm.

Also Read: Cardano Price Forecast 2025: Can ADA Break $1 and Target $1.84?