Today, February 27, 2025, ADA appears to be the original symbol of Cardano Blockchain, confirming his homosexuality because of the activity of the last whale and the declining prices it constitutes on the daily time frame.
Cardano (ADA) current price momentum
During the Asian trading session, ADA witnessed a bullish rally, apparently in an attempt to recover, but later declined, as it decreased again to less than the decisive support level of $ 0.65.
ADA is currently trading near $ 0.65 and has witnessed a modest decrease in prices by 0.85 % over the past 24 hours. However, during the same period, the trading volume decreased by 5.5 %, indicating a decrease in participation from merchants and investors due to high price fluctuations in the original.
Ada Price Action and key levels
According to expert technical analysis, ADA appears to be a decrease and a daily candle has been closed less than $ 0.65.
Based on the current procedure for historical prices and patterns, if ADA remains less than $ 0.68 and closes a daily candle less than $ 0.63, there is a strong possibility that the original will decrease by 30 % to reach a level of $ 0.425 in the future.
Due to the continuous decrease in the market, the ADA price has fallen from the SIA moving average (EMA) on the daily time frame, indicating that the origin is in the direction of a decline.
Whales flash 170 million Ada
In addition to ADA’s dumping forecasts, a prominent encoding expert shared posted on X (formerly Twitter), highlighting that encryption whales have sold more than 170 million ADA symbols in the past 96 hours, which increased the support of Haboodi feelings.
With this landmark and comprehensive morale in the market, the open interest in ADA (OI) continues to decline. Data from Coinglass He explains that since the opening of the US -supportive President of the USA, the UDA, ADA’s open interest has decreased dramatically from $ 1.48 billion to 542.4 million dollars, indicating low trading confidence.
