💥💥💥 #cardanoprice : Will $ADA Soar To $1 or Fall After 144% Rally?
Cardano Targets $1 Amid #WhaleActivity and Social Buzz
- Cardano (ADA) has surged 144% in the past 15 days, currently trading at $0.793. With resistance near $0.80, breaking this level could push ADA beyond $1, supported by strong whale activity and heightened investor interest.
ADA’s Performance Highlights
- Current Price: $0.799, up 3.73% today.
- Intraday High: $0.8024.
- Trading Volume: Increased by 38.7%, signaling growing investor engagement.
Whale Accumulation and Sentiment
- Large holders (>$10M in ADA) increased their holdings by 134.09%.
- Smaller investors ($100K–$9M) have also ramped up accumulation.
- Santiment Data: Cardano ranked 2nd in social dominance on November 16, with positive sentiment driving discussions.
Key Levels and Price Outlook
- Resistance: $0.80–$0.82; breaking could target $0.89 and $0.9871 (Fibonacci retracement levels).
- Support: $0.71 and $0.6478; a drop below $0.64 could lead to consolidation between $0.54 and $0.64.
Can ADA Hit $1?
- Whale activity, social buzz, and bullish derivatives market sentiment (3x more longs than shorts) support further growth. With momentum intact, ADA’s $1 milestone appears achievable in the near term.
