Cardano ADA News: Whales Trigger 15% Price Correction Amid Market Uncertainty
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Cardano (ADA) experienced a significant 15% price drop over the past week, potentially linked to large investor movements and broader market uncertainty surrounding Donald Trump’s inauguration. This article explores the factors behind the correction and its implications for ADA’s future.
Behind Cardano 15% Correction: Here’s How Much ADA Whales Sold
After a quiet start to 2025, the price of Cardano (ADA) had finally begun to build on its bullish momentum from the previous year. However, the altcoin has seemingly encountered a setback, with its value falling by nearly 15% in the past week. This downturn could be attributed to the uncertainty and drama surrounding Donald Trump’s inauguration, but it could also be linked to the movement of large investors over the past week. According to a recent post on the X platform by prominent crypto pundit Ali Martinez, Cardano whales sold $180 million worth of ADA tokens last week. This is based on the change in the wallet holdings of those who own between 100 million and 1 billion coins.
Cardano Ends Week Below $1: Why ADA Has 110% Recovery in Store
Cardano (ADA) experienced a significant drop below the $1 mark, causing concern in the cryptocurrency market. Despite this, analysts predict a potential 110% recovery. The price drop was largely attributed to whale activity, with large-scale holders selling 180 million ADA tokens over the week. Crypto analyst Ali Martinez shared this data on X (formerly Twitter), highlighting the substantial sell-off. However, this may not hinder the anticipated growth for Cardano in the coming year.
Cardano Price Forecast: ADA’s Path to $4
Cardano price is making strides toward a potential $4 valuation, driven by network growth and resilience. On January 20, 2025, the blockchain recorded 50,828 daily active addresses, showcasing its expanding ecosystem. While ADA’s price faces short-term pressure, this surge in activity reflects its steady adoption and potential for upward movement.
All the reasons why Cardano’s price might rally by 40% soon
Cardano [ADA] is currently at a critical point with its price movement forming a symmetrical triangle pattern, which often precedes a significant breakout. Market analysts predict a potential 40% price surge if the momentum shifts upwards. The pattern indicates heightened volatility, and the next move could set the tone for ADA's short to mid-term trajectory. Whale activity and broader market trends are also expected to influence the altcoin's price action.
Cardano’s symmetrical triangle pattern could lead to a major price surge or downside risk
The symmetrical triangle pattern observed in Cardano's price movement suggests that a significant breakout or breakdown is imminent. This pattern is known for leading to substantial price movements, and the current consolidation phase has caught the attention of market watchers. The direction of the breakout will likely determine ADA's short to mid-term price trajectory.
