ADA Price Prediction: Technical Squeeze Meets Whale Accumulation at Critical Juncture
ADA Technical Analysis: Key Levels to Watch Amid Market Pressure
Cardano (ADA) is currently trading at $0.7218, below its 20-day moving average of $0.7712, signaling short-term bearish momentum. The MACD histogram shows a slight bullish crossover (0.0259), but the signal line remains negative (-0.0045), suggesting cautious optimism. Bollinger Bands indicate heightened volatility, with ADA testing the lower band at $0.7064.: ’A sustained break below $0.706 could trigger further downside, while reclaiming the middle band ($0.7712) may signal buyer resurgence.’
ADA Market Sentiment: Whale Accumulation Clashes With Regulatory Headwinds
Despite whales accumulating 180M ADA, Cardano faces mixed signals as IOG exits its constitutional committee and price struggles below resistance.: ’The accumulation suggests long-term confidence, but short-term pressure persists. Regulatory developments may overshadow technical rebounds until ADA clears $0.8359 (upper Bollinger Band).’
Cardano (ADA) Capped Below Resistance — Will Buyers Regain Control?
Cardano’s price struggles below $0.80 as buyers attempt to regain momentum. After dipping to $0.7287, ADA shows signs of recovery, now trading above the 100-hour moving average. A break above $0.7840 could signal renewed bullish interest.
The cryptocurrency faces immediate resistance near $0.7680, with $0.80 looming as a critical psychological barrier. Market watchers note ADA’s underperformance relative to Bitcoin and Ethereum during recent market movements.
Input Output Global Steps Down from Cardano’s Interim Constitutional Committee
Input Output Global (IOG), the development studio behind Cardano, has announced its intention to vacate its seat on the blockchain’s Interim Constitutional Committee following community elections this summer. The move marks the end of its stewardship role during the post-Chang hard-fork transition period.
In a May 28 statement via X, IOG confirmed it "will not stand for reelection," expressing confidence in the Cardano community’s ability to select qualified successors. The firm had assumed the position in August 2024 to guide governance processes during the network’s critical upgrade phase.
Cardano founder Charles Hoskinson framed the transition as a natural evolution, stating: "Our last official role soon ends. It’s been the privilege of my career to serve with you all." The Chang hard fork introduced decentralized governance mechanisms, with Intersect now coordinating election logistics for new committee members.
Whales Accumulate Over 180 Million ADA as Cardano Price Faces Short-Term Pressure
Large Cardano holders have aggressively accumulated more than 180 million ADA tokens within a single week, defying the asset’s price volatility. Data from April 21 to May 29, 2025, reveals consistent buying from wallets holding between 100 million and 1 billion ADA—a clear signal of strategic positioning during market weakness.
ADA’s price trajectory saw sharp swings, peaking around May 23 before undergoing a steep correction. Notably, whale holdings remained stable initially before climbing steadily through late May—a divergence suggesting accumulation at discounted levels. Trading volume rose 9.15% on May 29 despite bearish momentum, underscoring heightened institutional activity.
The accumulation pattern mirrors historic buy-the-dip strategies employed by sophisticated investors. While retail traders often flee during corrections, whales appear to be building positions for Cardano’s next cycle—a bullish omen masked by short-term price action.