Cardano ADA Poised for Rally as Whales Accumulate and eToro Relisting Boosts Retail Access
Cardano (ADA) is showing strong bullish signals as whales have accumulated over 180 million ADA in the past week, indicating heightened confidence in the asset. This accumulation coincides with a steady rise in Cardano’s price and trading volume, with key support levels holding firm. The current price of ADA stands at 0.67380000 USDT, reflecting a positive trend. Additionally, retail access to ADA has expanded significantly after eToro relisted the token, making it available to its 38 million users. This move by eToro, driven by regulatory clarity and growing demand, is expected to further fuel ADA’s adoption and price momentum. With whale activity and increased retail participation, Cardano is well-positioned for a potential rally in the near future.
Can Cardano Price Rally Amid Whale Accumulation and eToro ADA Relisting?
Cardano whales have accumulated over 180 million ADA in the past week, signaling strong confidence in the asset. This surge in large holder activity coincides with a steady rise in Cardano’s price and trading volume, with key support levels holding firm.
Retail access to ADA has expanded significantly after eToro relisted the token, making it available to its 38 million users. The platform’s decision comes as regulatory scrutiny continues over Grayscale’s application for a cardano ETF.
Market observers note that whale accumulation patterns often precede periods of increased asset interest. The current buying spree, which began in May and accelerated recently, has already contributed to improved price lows despite ongoing market volatility.
Cardano Bulls Struggle as $0.79 Resistance Stalls Breakout Momentum
Cardano (ADA) remains trapped in a consolidation phase, with its price oscillating between $0.65 and $0.85. The $0.79 resistance level has proven formidable, repeatedly rejecting breakout attempts. Over the past week, ADA declined 14% to $0.71, weighed down by macroeconomic uncertainties and high liquidity conditions.
Whale activity suggests accumulation, with large holders adding 180 million ADA to their positions. Technical indicators show ADA bouncing between Bollinger Band boundaries of $0.71 and $0.83, while the $0.79 level stands as a critical short-term ceiling. Analysts maintain long-term bullish targets, with some projecting a $10 valuation by 2025.
Cardano (ADA) Price Prediction: $7 Target Possible If Crypto Market Hits $10 Trillion
Cardano (ADA) trades at $0.6993, down 6% amid a broader market pullback. Analysts suggest a $7 target hinges on ADA capturing 5% of a $10 trillion crypto market—a scenario requiring unprecedented growth.
Historical data shows ADA has never achieved 5% market dominance, even during peak bull cycles. The projection assumes a $500 billion market cap for Cardano, contingent on exponential industry expansion.
Market commentator Egrag Crypto notes stagnant conditions WOULD severely limit upside potential. The analysis underscores how altcoin valuations remain tethered to macroeconomic crypto adoption trends.
ADA Price Resistance Holds Strong: Can Buyers Break $0.80?
Cardano (ADA) faces a critical test as it struggles to overcome the $0.80 resistance level. The cryptocurrency, once a darling of the altcoin market, has seen sharper declines than peers like Bitcoin and Ethereum, dropping to $0.7287 before finding tentative support at $0.75.
Technical indicators hint at a potential reversal. ADA’s recent break above both the 100-hour SMA and a bearish trend line suggests waning selling pressure. Yet the path upward remains fraught—multiple resistance levels loom overhead, challenging any sustained recovery.
Traders watch with divided expectations. Some see the $0.75 rebound as evidence of accumulating demand; others view the failed $0.80 breakout as confirmation of persistent weakness. The coming sessions will determine whether ADA can shake off its underperformance relative to major cryptos.
