BTCC / BTCC Square / ADA News /
ADA Price Prediction: Bullish Reversal Likely Despite Whale Selling

ADA Price Prediction: Bullish Reversal Likely Despite Whale Selling

Author:
ADA News
Published:
2025-07-08 07:09:12
10
3
[TRADE_PLUGIN]ADAUSDT,ADAUSDT[/TRADE_PLUGIN]

#ADA

  • Technical Convergence: Price hovering above 20MA with MACD bullish crossover suggests accumulation phase
  • Whale Activity: Large sell orders being absorbed by retail demand indicates healthy market structure
  • Volatility Signal: Bollinger Band squeeze historically precedes 20%+ moves in ADA

ADA Price Prediction

ADA Technical Analysis: Bullish Signals Emerging

According to BTCC financial analyst Robert, ADA is currently trading at $0.5746, slightly above its 20-day moving average of $0.57281, indicating potential support. The MACD shows a bullish crossover with the signal line at 0.022137, though the histogram remains negative at -0.017246. Bollinger Bands suggest a tightening range (Upper: $0.604662, Lower: $0.540958), which often precedes volatility. Robert notes: 'The convergence of price with the middle band and positive MACD momentum hints at accumulation before a potential breakout.'

ADAUSDT

Mixed Sentiment as Cardano Whales Sell While Retail Accumulates

BTCC's Robert observes conflicting signals in ADA's market dynamics: 'While whale wallets dumped 170M ADA (creating downward pressure), on-chain data shows retail accumulation during flat price action.' He adds that seller exhaustion patterns and bullish reversal signals in derivatives markets align with the technical outlook, suggesting 'smart money may be repositioning rather than exiting.'

Factors Influencing ADA's Price

Cardano Whales Dump 170 Million ADA as Price Faces Downward Pressure

Cardano (ADA) extended losses for a second consecutive day, sliding nearly 1% amid broader market caution. The decline coincides with whales offloading approximately 170 million tokens over two weeks—a MOVE often preceding bearish trends.

Derivative markets reflect waning optimism, with open interest declining alongside the price drop. Santiment data reveals addresses holding 100 million to 1 billion ADA reduced their collective balance from 1.87 billion to 1.82 billion tokens since June.

The selloff follows ADA's rejection at a falling channel resistance level, reinforcing technical weakness. Market sentiment remains fragile as macroeconomic uncertainties persist, including delayed tariff decisions from the TRUMP administration.

Cardano (ADA) Shows Signs of Accumulation Despite Flat Price Action

Cardano's ADA appears poised for a potential breakout as on-chain metrics reveal quiet accumulation beneath stagnant price action. While the token has hovered NEAR $0.50 with neutral funding rates across major exchanges, three key indicators suggest growing conviction among holders.

Exchange netflows have turned persistently negative, signaling more withdrawals than deposits—a classic accumulation pattern. The steady climb in unique wallet addresses confirms this trend, with holder counts reaching new highs even as price momentum lags. Market structure remains fragile, however, as neutral funding rates indicate Leveraged traders could quickly amplify moves in either direction.

Cardano Shows Signs of Bullish Reversal Amid Seller Exhaustion

Cardano's price has weathered aggressive selling pressure over recent months, plummeting more than 50% from its March peak above $1. The altcoin now finds tentative support near $0.57, with technical indicators suggesting potential exhaustion among sellers.

A persistent descending triangle pattern has constrained ADA's price action since March, when a failed breakout attempt reinforced bearish control. TradingView analyst melikatrader94 notes the formation's continued influence, though emerging bullish divergence on charts hints at shifting momentum.

The $0.57 level emerges as critical support. Its defense could signal strengthening buyer interest and pave the way for renewed upward movement. Market participants watch for confirmation of this technical development as Cardano attempts to shake off months of downward pressure.

How High Will ADA Price Go?

Robert projects a 15-25% upside toward $0.66-$0.72 based on:

IndicatorBullish Signal
Price vs 20MA0.57% above support
MACD CrossoverPositive momentum building
Bollinger Band Width15.8% contraction (volatility precursor)

Key resistance levels to watch: $0.6046 (upper band), $0.65 (psychological level), with $0.54 acting as strong support.

Prediction valid until 2025-07-28 barring macroeconomic shocks

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users