Cardano ADA News: Future Price Uncertainty Despite Past Spikes and Market Pressures

As the cryptocurrency market faces ongoing pressures, Cardano’s native token ADA finds itself at a crucial juncture. Despite experiencing price spikes in the past, the altcoin’s future remains uncertain, with investors谨慎对待taking new positions.

Cardano: ADA To Skyrocket by March End?

Cardano’s native token ADA is struggling to climb above the $1 mark and is currently hovering around $0.69, down close to 3% on Monday.ADA saw spikes in price after Trump’s election and inauguration but has since dipped, leading to bearish sentiments. The altcoin’s price is down nearly 30% in two weeks, with investors hesitant to take entry positions as it has yet to bottom out. The broader market remains under pressure due to tariffs causing nervousness in the global financial sector. This article explores if Cardano’s ADA can break the bearish cycle and rally in the charts.

Cardano Whales Sell 100M ADA, But Retail Holders Accumulate

Over the past week, large investors offloaded over 100 million ADA, triggering concerns among traders. Despite the heavy sell-off, the total number of holders continues to climb. Addresses holding between 1 million and 10 million ADA reduced their holdings significantly, which coincided with a steady downtrend in ADA’s price. However, the price remains above key support levels, raising questions about whether retail investors can absorb the selling pressure.

Cardano Prediction for End of March 2025

The Cardano (ADA) ecosystem has seen several ups and downs recently. After pushing past resistance levels in 2024, ADA is currently experiencing a slight setback along with the rest of the cryptocurrency market. Over the past 24 hours, Cardano recorded a drop of 2.28%, going from a high of $0.7364 to a low of $0.699, but managed to slightly recover to $0.7213 at the time of writing.

100,000,000 ADA: Price Crash Incoming Following Extreme Offloading?

Large investors sold over $70M worth of ADA, increasing selling pressure and potentially triggering further declines. Analysts see $0.80 as key resistance, while a potential US SEC approval of a spot ADA ETF could fuel future gains. Cardano’s ADA attempted to get back on the green track over the weekend, with its price briefly climbing to $0.75. However, in the past several hours, the bears retook control, and the valuation dropped to $0.71. Some factors, including the recent whale activity, suggest that the pullback might intensify in the NEAR future. The popular X user Ali Martinez revealed that large investors have sold over 100 million ADA in the last week, which equals more than $70 million.