Cardano price shows bullish signs but faces challenges from whale retreats and declining momentum. Due to reduced network activity, ADA price struggles around the $1 mark.

Cardano (ADA) price has surged 10% in the past week, showing signs of a potential bullish trend in 2025. This recovery comes after an increase at the end of 2024 as the broader cryptocurrency market stabilizes.

However, reaching the $1 mark may face hurdles as reduced whale activity raises concerns. Bitcoin's rise above $97,000 has boosted market sentiment, aiding in recovery. Cardano's future momentum depends on increased investor confidence and reduced selling pressure from major holders.

Cardano price loses momentum

Cardano's price has climbed above $0.90 after rising 8.69% in the past 24 hours. The current ADA price is $0.957, with a daily increase of 5%. This growth aligns with the overall upward trend in the cryptocurrency market over the past week.

Cardano (ADA) has risen 10% in the past seven days, solidifying its status as the ninth largest cryptocurrency by market capitalization. ADA is attracting investor attention ahead of the anticipated bull market in 2025.

ADA holders fleeing due to waning momentum

ADA price has retreated from a recent high of $1.3264 as the number of daily active addresses has dropped to levels seen before the surge on November 3. Although the price has only fallen by 30%, investor participation in the network has sharply declined, highlighting a lack of sustained interest in the asset.

Network growth metrics surged with the rebound but have now significantly slowed. This indicates a loss of momentum and declining confidence among ADA holders. The drop in daily active addresses suggests that despite the asset's price retreating relatively mildly, participation has weakened.

With momentum waning, whales are selling off ADA.

On December 11, the whale group holding 10 million to 100 million ADA held 12.15 billion ADA. Meanwhile, the whale group holding 1 million to 10 million ADA held 5.64 billion ADA.



The decline in holdings of important ADA stakeholders indicates bearish momentum for Cardano, as whale sell-offs often precede price weakening.

Cardano price analysis and targets

Cardano (ADA) price is gaining upward momentum after consolidating around $0.80. Despite the price being stagnant for a long time, the cryptocurrency has risen to $0.96, showing resilience.

On the four-hour chart, resistance and support zones are clearly visible, providing important insights into potential price movements. The immediate resistance level is at $1.00, which has historically been a psychological barrier. Breaking this level could pave the way to test $1.30. On the downside, the $0.80 area is strong support, with $0.70 and $0.50 being secondary retracement levels.

The Relative Strength Index (RSI) has entered the overbought zone, currently hovering around 67. This indicates increasing buying pressure, although the market may soon face a brief correction.

The outlook for Cardano price recovery is optimistic, but reduced whale activity presents challenges. Ongoing investor confidence and new market participation are critical for ADA to break through the $1 resistance level.

Highlights

Reduced whale activity signals bearish momentum for Cardano (ADA).

Cardano price faces resistance at $1, which is both a psychological and technical barrier.

Investor confidence is crucial for ADA to maintain bullish momentum.