Key Insights:
- Over 200M ADA purchased by whales in 48 hours, signaling a strong bullish trend.
- Cardano breaks through key resistance at $0.8281, targeting $0.8475 next.
- RSI and MACD indicators show positive momentum, suggesting continued growth.
Cardano price experienced a noticeable surge in whale activity in 48 hours, with large holders acquiring over 200 million ADA tokens. This buying spree has coincided with a sharp increase in Cardano price, suggesting potential for further gains.
Whale movements often provide valuable insights into the market sentiment and can serve as leading indicators for the broader asset price direction. As of August 11, 2025, Cardano is testing key resistance levels and positioning itself for potential upward momentum.
Whale Activity and Cardano Price Market Sentiment
The recent surge in ADA whale purchases has created a significant market shift. In just 48 hours, over 200 million ADA were bought by large holders, marking a notable event in the market. Such whale activity often signals strong support at lower price levels, reinforcing the bullish sentiment.
Over 200 million Cardano $ADA bought by whales in the last 48 hours! pic.twitter.com/FCgCX15P3b
— Ali (@ali_charts) August 11, 2025
As these large players continue to accumulate, it is likely that other market participants may follow suit, boosting Cardano price in the short term. Notably, the increased buying pressure coincided with a price rise, suggesting that whales are positioning themselves for potential price rallies.
The sustained uptrend in Cardano price aligned with the idea that large holders are absorbing selling pressure, creating a conducive environment for further growth. With this in mind, the continued accumulation by whales could set the stage for more retail investor interest, further driving the price upward.
ADA Technical Analysis and Key Resistance Levels
Adding to the bullish sentiments and whale activity, the technical chart for the crypto further supports the possibility of an uptrend. As of August 11, 2025, ADA price broke through a critical resistance level at $0.8281, signaling potential for continued upward movement.
The breakout has opened the path toward higher levels, with the next key resistance zone identified at $0.8475. This resistance target is closely monitored by traders, as any breakout beyond this level could confirm a bullish trend for ADA.
In addition, the ascending trendline and the formation of higher lows further suggest that the altcoin price is in the early stages of a long-term uptrend.
With a series of successful breakouts from resistance levels, the technical setup indicates that Cardano price has strong momentum to continue targeting higher price points.
However, it is essential for the price to maintain support levels, as any failure to hold crucial levels like $0.7244 may lead to a temporary pullback.
RSI and MACD Indicators Support Bullish Outlook
Furthermore, the technical indicators for Cardano price reflect strong bullish signals. The Relative Strength Index (RSI) has been trending upward, now at 61.75. While this is still below the overbought threshold of 70, it suggests that ADA price is building momentum for further growth.
Similarly, with the RSI, the Moving Average Convergence Divergence (MACD) indicator has recently crossed into bullish territory. The positive momentum displayed by the histogram, along with the signal line remaining below the MACD line, reinforces the overall bullish outlook.
These indicators suggest that the current price action could continue its upward trajectory in the near term, as both the RSI and MACD align in favor of further gains for Cardano.
Additionally, trading volume has also played a crucial role in confirming the potential for sustained momentum. A noticeable increase in volume accompanied the recent price surge, validating the breakout scenario.
Should Cardano price continue to see consistent volume spikes in line with upward price movements, it could signal a robust continuation of the rally.
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