Can Cardano (ADA) Sustain Its Surge After Being Sold by the Whales?

Jakarta, Pintu News – In the past two weeks, there has been massive whale selling of 140 million Cardano (ADA), yet the crypto asset still managed to stay above $0.88.

Despite strong selling pressure, Cardano (ADA) still showed a positive performance with a 1.06% gain to $0.8844. This incident begs the question, will Cardano (ADA) be able to maintain its positive momentum amidst the existing volatility?

Cardano (ADA) Technical Analysis

Cardano (ADA) peaked at $0.8941 before experiencing price fluctuations. Despite heavy selling by whales, Cardano (ADA) managed to maintain stability above $0.8840. The bullish Relative Strength Index (RSI) indicator shows that there is still buying power in the market.

Cardano’s (ADA) trading volume decreased by 6.76% to $1.23 billion. This drop in volume may be due to the cautious attitude of investors due to the sell-off by whales. In order to sustain the current price surge, the whales need to stop taking profits and start accumulating again.

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Sales Impact by Whale

The sale of 140 million Cardano (ADA) by whales in the past two weeks has created significant selling pressure. This action may trigger a negative reaction from other investors who are concerned about further price declines. However, the price stability maintained suggests strong support at current price levels.

Analysts predict that if the whales continue to sell, there could be a deeper drop in prices. However, if the whales start to stop selling and even buy back, there is potential for a price recovery and a return to a positive trend.

Community Sentiment and Future Projections

Despite the volatility, community sentiment towards Cardano (ADA) remains bullish, with many speculating that the price could reach $1 and higher. This belief is supported by the continued development and wider adoption of Cardano’s (ADA) blockchain technology.

Projections for the future of Cardano (ADA) depend heavily on market dynamics and whale action. If Cardano (ADA) can maintain support at current price levels and overcome selling pressure, then there is a high probability of returning to an upward path.

Conclusion

Despite facing challenges from massive whale selling, Cardano (ADA) has shown impressive resilience. With strong support from the community and positive technical signals, the future of Cardano (ADA) still looks bright. Investors will need to closely monitor market action to make informed investment decisions.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• U.Today. 140,000,000 Cardano in 14 Days: Can ADA Price Sustain Its Breakout. Accessed on September 12, 2025