Cardano Price Forecast: Triangle Breakout Imminent—Is a 310 Million ADA Whale Accumulation a Rebound Signal?

6/20/2025, 7:07:43 PM
Whale increased the position by 310 million ADA, Cardano price hovers around 0.60 USD. This article analyzes the potential for a rebound in the market based on technical patterns, capital changes, and key support levels.

Whale accumulation data exposed

According to blockchain data platform Santiment, in June 2025, Cardano’s whale wallets (those holding between 100 million to 1 billion ADA) significantly increased their positions, with a total accumulation reaching 310 million ADA, worth approximately $186 million. Such large-scale buying activities are usually seen as a signal of increased confidence from institutions or long-term investors regarding the future market.

Among them, medium-sized whales holding 100 million to 1 billion ADA increased from 3.02 billion to 3.15 billion ADA since the beginning of the month; ultra-large accounts holding over 1 billion ADA increased from 1.79 billion to 1.97 billion ADA. The continuous inflow of main capital plays a stabilizing role in the current consolidation pattern.

The price is trapped in a triangular consolidation range.

The technical analysis shows that ADA has been oscillating within a symmetrical triangle range since it reached a high of 0.73 USD at the beginning of June. The current price hovers around 0.60 USD, positioned slightly below the middle axis of the pattern. The upper and lower boundaries of this triangle are approximately 0.73 USD and 0.58 USD, respectively, and the direction of the subsequent breakout will determine the trend.

It is worth noting that the triangle vertex is approaching, and a directional breakout in the market may occur in early July. A breakout above the upper line indicates a rebound trend, while a breakdown requires cautious defense.

Interpretation of Key Technical Indicators

  • MACD (Moving Average Convergence Divergence): The current fast and slow lines are hovering below the zero axis, and if a golden cross signal appears, it will be a strong confirmation of a rebound.
  • RSI (Relative Strength Index): Currently around 42, not in the oversold area, indicating that the market is in a wait-and-see phase.
  • Trading volume: showing a contraction trend, implying the market is waiting for a breakout direction. Once the volume increases, it may form a strong trending market.

Support and Resistance Analysis

  • Recent support levels: 0.58 USD (technical support line), 0.56 USD (200-day moving average). If it falls below these levels, it will face greater room for a rebound.
  • Resistance levels: 0.63 USD (short-term resistance position), 0.73 USD (upper boundary of the triangle). If the price effectively breaks through 0.63 USD and holds for more than two days, then an upward structure is established, and the next target may point to 0.73 USD.

From a morphological perspective, 0.63 USD is the current breakout point worth paying attention to. Once it stabilizes, the subsequent space may open up rapidly.

Short-term trading advice and price prediction

Currently, although ADA is in a consolidation phase, whales continue to accumulate, providing bottom support. New investors can refer to the following strategies:

  1. Build positions in batches: Lay out small positions at the low end in the range of 0.58–0.60 USD to avoid heavy investment all at once.
  2. Pay attention to breakout signals: If it breaks out with volume above 0.63 USD, consider increasing the position, and set the target at 0.70–0.73 USD.
  3. Set a stop-loss mechanism: If the price drops below 0.56 USD and the closing confirms, you should immediately stop-loss to defend and avoid expanding losses.
  4. Track on-chain capital flow: Continuously monitor Whale position changes and derivative position changes to determine the main force direction.

Conclusion

Cardano, as one of the world’s leading smart contract platforms, is gradually advancing multi-chain integration and DeFi application expansion. Although the short-term market is still in a phase of directional choice, from a funding perspective, the layout of key whales may lay the foundation for a mid-term rise. New investors can make reasonable arrangements during the current volatile range, emphasize risk control, and patiently wait for the opportunity of a triangle breakout.

* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.

Cardano Price Forecast: Triangle Breakout Imminent—Is a 310 Million ADA Whale Accumulation a Rebound Signal?

6/20/2025, 7:07:43 PM
Whale increased the position by 310 million ADA, Cardano price hovers around 0.60 USD. This article analyzes the potential for a rebound in the market based on technical patterns, capital changes, and key support levels.

Whale accumulation data exposed

According to blockchain data platform Santiment, in June 2025, Cardano’s whale wallets (those holding between 100 million to 1 billion ADA) significantly increased their positions, with a total accumulation reaching 310 million ADA, worth approximately $186 million. Such large-scale buying activities are usually seen as a signal of increased confidence from institutions or long-term investors regarding the future market.

Among them, medium-sized whales holding 100 million to 1 billion ADA increased from 3.02 billion to 3.15 billion ADA since the beginning of the month; ultra-large accounts holding over 1 billion ADA increased from 1.79 billion to 1.97 billion ADA. The continuous inflow of main capital plays a stabilizing role in the current consolidation pattern.

The price is trapped in a triangular consolidation range.

The technical analysis shows that ADA has been oscillating within a symmetrical triangle range since it reached a high of 0.73 USD at the beginning of June. The current price hovers around 0.60 USD, positioned slightly below the middle axis of the pattern. The upper and lower boundaries of this triangle are approximately 0.73 USD and 0.58 USD, respectively, and the direction of the subsequent breakout will determine the trend.

It is worth noting that the triangle vertex is approaching, and a directional breakout in the market may occur in early July. A breakout above the upper line indicates a rebound trend, while a breakdown requires cautious defense.

Interpretation of Key Technical Indicators

  • MACD (Moving Average Convergence Divergence): The current fast and slow lines are hovering below the zero axis, and if a golden cross signal appears, it will be a strong confirmation of a rebound.
  • RSI (Relative Strength Index): Currently around 42, not in the oversold area, indicating that the market is in a wait-and-see phase.
  • Trading volume: showing a contraction trend, implying the market is waiting for a breakout direction. Once the volume increases, it may form a strong trending market.

Support and Resistance Analysis

  • Recent support levels: 0.58 USD (technical support line), 0.56 USD (200-day moving average). If it falls below these levels, it will face greater room for a rebound.
  • Resistance levels: 0.63 USD (short-term resistance position), 0.73 USD (upper boundary of the triangle). If the price effectively breaks through 0.63 USD and holds for more than two days, then an upward structure is established, and the next target may point to 0.73 USD.

From a morphological perspective, 0.63 USD is the current breakout point worth paying attention to. Once it stabilizes, the subsequent space may open up rapidly.

Short-term trading advice and price prediction

Currently, although ADA is in a consolidation phase, whales continue to accumulate, providing bottom support. New investors can refer to the following strategies:

  1. Build positions in batches: Lay out small positions at the low end in the range of 0.58–0.60 USD to avoid heavy investment all at once.
  2. Pay attention to breakout signals: If it breaks out with volume above 0.63 USD, consider increasing the position, and set the target at 0.70–0.73 USD.
  3. Set a stop-loss mechanism: If the price drops below 0.56 USD and the closing confirms, you should immediately stop-loss to defend and avoid expanding losses.
  4. Track on-chain capital flow: Continuously monitor Whale position changes and derivative position changes to determine the main force direction.

Conclusion

Cardano, as one of the world’s leading smart contract platforms, is gradually advancing multi-chain integration and DeFi application expansion. Although the short-term market is still in a phase of directional choice, from a funding perspective, the layout of key whales may lay the foundation for a mid-term rise. New investors can make reasonable arrangements during the current volatile range, emphasize risk control, and patiently wait for the opportunity of a triangle breakout.

* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.
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