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Cardano ADA price has proven itself to be a resilient player in the cryptocurrency market, showing notable price movements and investor interest in recent months. As of February 2025, ADA is trading at approximately $0.77, signaling a steady recovery after a period of price consolidation. With key support levels in place, ADA may be gearing up for its next big move.

Price Action and Recent Trends

ADA’s price has been on an interesting journey, initially surging by 160% in late 2024, driven by optimism surrounding its network upgrades and overall market conditions. However, after reaching its yearly high, ADA underwent a 40% correction, finding support within the range of $0.74 to $0.98. This consolidation has allowed the coin to stabilize, providing a solid base for potential growth in 2025.

Whale Activity and Investor Confidence

A significant factor influencing ADA’s price action is the growing accumulation by large holders, or “whales.” The number of wallets holding 1 million to 10 million ADA has steadily increased, suggesting that institutional investors are bullish on the future of Cardano. Whale activity is often seen as a signal of long-term confidence, and their accumulation could indicate that ADA is poised for further upward momentum.

Technical Analysis and Price Targets

From a technical perspective, ADA is showing promising signs. The formation of a golden cross, where a short-term moving average crosses above a long-term moving average, is a bullish signal. If ADA manages to break through the immediate resistance at $1.12, the next price target could be as high as $2.50 to $3.00 by the end of 2025. However, ADA needs to maintain support above $1.03 to ensure the bullish trend continues.

Outlook for Cardano in 2025

Cardano’s growing network developments, increasing adoption, and strong technical indicators make it a cryptocurrency to watch in 2025. While market fluctuations are inevitable, the combination of positive whale activity and ongoing upgrades could fuel further growth. Investors should keep an eye on ADA as it could see significant gains in the coming months, making it an attractive option for both short-term traders and long-term holders.