Will Cardano (ADA) return to $ 1 while Bulls prepares a symmetrical commercial bomb?
Amid the increasing uncertainty in the encryption market, Cardano carries the fort at a psychological mark of $ 0.70. With the continuous recovery over the past few hours, Cardano is preparing for a break.
However, the activity of the last whale warns of potential clouds. Will the whale activity cancel the chances of collecting an occurrence in Kardano? Let’s discover.
Cardano Recovery indicates possible signals to $ 1
In the price scheme for 4 hours, the Cardano price direction displays a similar triangle style. This style currently carries the direction of the price of Cardano and momentum.
Cardano is the direction of ADA prices that reveals a positive cycle inside the triangle style with three consecutive upscale candles. This is a triple pattern of the white soldier, and is generally considered a bullish start to a new gathering.
As the recovery turned on, Cardano has distinguished a closure price above 23.60 % Vibonacci at $ 0.7201. Currently, Cardano is trading at $ 0.7246 with a recovery during the day by 2.82 %.
Supporting the chances of a mass rally, the MACD lines and the signal lines are about to give a positive intersection. This is in line with the RSI line for 4 hours rising to the mid -road level.
This reflects a sudden weakness in the landfill and increases the chances of collapse.
The analyst indicates 100 million ADA sales
In the midst of the increasing opportunities for a crowd gathering, early margins as an analyst for encryption highlighting the migration of whales that sell Cardano amid increasing fluctuations. The analyst sheds light on the fall in the whale ADA symbols.
Whales are pure! More than 100 million #Cardano $ Ada It is sold last week. pic.twitter.com/aphasdy3ad
Ali (ali_charts) March 16, 2025
Based on data from SantimThe current ADA by Whales Holding fell at 5.89 billion, representing 100 million selling over last week. As whales continue to empty the ADA in the market, the increasing supply of assembly opportunities is likely to limit.
Cardano price goals
Based on the Fibonacci level, if Cardano can undermine the last offer, Rally Breakout may reach the Fibonacci level by 78.60 % at one dollar psychological sign. On the other hand, decisive support remains at $ 0.65 and $ 0.60.
