Cardano (ADA) Price Tests $0.82 Support Amid Whale Selling Pressure

Cardano (ADA)

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  • Whales sold 50M ADA in 48 hours, pushing price to $0.82 support.
  • Retail sentiment has turned bearish, often a contrarian signal.
  • If support holds, ADA could rebound toward $1–$1.40 in 2025.

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Cardano’s ADA token is under growing selling pressure as whales unload large holdings and retail sentiment weakens. At press time, ADA trades at $0.8244, down from recent highs, while daily trading volume has slipped by 4.39%. The latest market moves suggest ADA is at a critical crossroads that could determine its next big swing.

Whale Selling Pushes ADA Toward Support

Prominent analyst Ali Martinez revealed that whales offloaded 50 million ADA in just 48 hours, contributing to the latest dip. The token now hovers near the $0.80–$0.82 support zone, which traders see as pivotal. If ADA holds this level, it may build a base for recovery, but a breakdown could trigger further declines.

Interestingly, whale activity often follows a cyclical pattern: selling into strength before quietly reaccumulating during market panic. This dynamic raises the possibility that ADA’s current weakness could set the stage for a rebound.

Retail Sentiment Turns Bearish

Cardano’s community, historically optimistic, has turned notably cautious. Santiment data shows that ADA’s positive-to-negative comment ratio has collapsed from 12:1 in early August to just 1.5:1 now. For many small investors, three weeks of decline have tested patience.

However, analysts point out that extreme bearish sentiment often acts as a contrarian indicator. Retail capitulation has frequently coincided with whale accumulation at discounted levels. A recent move from $0.78 to $0.82 may already be showing signs of this trend.

ADA at a Make-or-Break Zone

On the charts, ADA sits at the Fibonacci 0.382 retracement level ($0.82) within a broader ascending channel that has held since June. Independent analyst Quantum Ascend calls this a “make-or-break zone” where ADA must either bounce or risk deeper declines.

Meanwhile, Crypto King suggests a more bullish scenario: if ADA maintains its channel, it could retest the $1 mark, with possible extensions to $1.20 and $1.40 in the months ahead.

With whales active, retail sentiment bearish, and ADA perched on a critical support, the next few days may define Cardano’s short-term trend. If support holds, ADA could rebound strongly, making it one of the potential breakout tokens of 2025.

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Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses

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