Cardano ADA Whales Signal Bullish Reversal as Technical Indicators Point to Recovery
Cardano's native token ADA is showing strong signs of a bullish reversal after enduring weeks of downward pressure. Notably, large holders, often referred to as 'whales,' have accumulated a staggering 160 million ADA during the recent price dip, signaling confidence in the asset's recovery. ADA has already rebounded 11% from its support level of $0.49 and is now trading above $0.59, with technical indicators supporting the upward trend. The MACD has displayed a bullish crossover, while the RSI is trending upward, indicating fading bearish momentum. This accumulation by major addresses suggests growing Optimism for ADA's future performance, potentially paving the way for further gains in the coming weeks.
Cardano Whales Accumulate 160 Million ADA as Technical Indicators Signal Recovery
Cardano's native token ADA shows signs of bullish reversal after weeks of downward pressure, with whales accumulating 160 million tokens during the dip. The cryptocurrency has rebounded 11% from its $0.49 support level, now trading above $0.59.
Technical indicators reveal fading bearish momentum - the MACD shows a bullish crossover while RSI trends upward. This accumulation pattern from addresses holding 1-100 million ADA suggests institutional confidence in Cardano's long-term prospects.
Social metrics reinforce the bullish narrative, with Cardano's social dominance spiking from 0.18% to 1.29% - its highest level since September. Analysts project a potential $300 billion market cap by 2026, citing the network's privacy features, scalable infrastructure, and expanding technology stack.
The next critical resistance sits at $0.70, a level that could come into play if current accumulation patterns and technical signals translate into sustained buying pressure.
Cardano's Q3 2025 Surge: DeFi TVL Hits 3-Year High Amid Governance Milestone
Cardano's decentralized finance ecosystem reached a pivotal moment in Q3 2025, with total value locked soaring 28.7% to levels unseen since 2022. The network simultaneously achieved full decentralization of its governance framework, marking a dual triumph for the proof-of-stake blockchain.
Messari's quarterly analysis highlights broad-based expansion across Cardano's sectors. The 42% quarterly market capitalization increase reflects growing institutional confidence in the platform's long-term viability as a smart contract contender.
Cardano Tests Key Resistance Amid Diverging Technical Signals
Cardano's price action reflects a market at crossroads. The token gained 0.7% to $0.5798 in recent trading, attempting to challenge the $0.5867 Fibonacci resistance level. This upward MOVE coincides with growing DeFi activity on the network, as evidenced by rising TVL metrics.
Technical indicators paint a more cautious picture. Analysts note potential for a retracement toward $0.50 support despite the current bullish momentum. The divergence between on-chain fundamentals and chart patterns creates uncertainty about ADA's near-term trajectory.
Grayscale Highlights Cardano's Strengths Following GDLC ETF Inclusion
Grayscale Investments has publicly endorsed Cardano, citing its flexibility, scalability, and solid fundamentals after the cryptocurrency was added to the firm's GDLC ETF. The Grayscale CoinDesk crypto 5 ETF began trading on the New York Stock Exchange in September, marking a significant milestone for Cardano's institutional recognition.
The inclusion underscores Cardano's growing prominence in the digital asset space, with Grayscale's endorsement serving as a validation of its technological robustness. Market participants are increasingly viewing ADA as a contender in the smart contract platform arena, alongside established players like ethereum and Solana.
