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Cardano Price Prediction: Strong Buy Signal and Whale Accumulation Set Stage for ADA’s Run to $1

Cardano Price Prediction: Strong Buy Signal and Whale Accumulation Set Stage for ADA’s Run to $1 WikiBit 2025-05-19 21:26

ADA Eyes $1 as Whale Accumulation, Short Squeeze Pressure, and Technical Breakout Drive Bullish Momentum. With a fresh wave of whale accumulation, strong

ADA Eyes $1 as Whale Accumulation, Short Squeeze Pressure, and Technical Breakout Drive Bullish Momentum.

With a fresh wave of whale accumulation, strong technical signals, and key patterns unfolding on higher timeframes, the latest Cardano price prediction is beginning to carry some real weight.

Strong Buy Signal Flashes for Cardano on TradingView

Cardano is quietly making a case for itself again. According to a TradingView technical summary shared by analyst Jesse Peralta, ADA Cardano price is currently sitting in “Strong Buy” territory. It has zero sell signals, nine neutrals, and thirteen pointing toward a buy. It‘s not every day that this type of alignment shows up across multiple indicators, especially in a market that’s been rotating attention between larger-cap assets like Ethereum and Solana.

Cardano flashes a rare “Strong Buy” signal on TradingView with 13 indicators in favor and zero sell signals. Source: Jesse Peralta via TradingView

While this isn‘t a guaranteed breakout sign, it’s definitely a shift worth noting. Cardano has been slow lately, but this kind of consistent buy pressure usually hints at growing confidence.

Whale Accumulation Adds Weight to Bullish Sentiment

Backing up the strong technical buy signal, Cardano just caught the attention of whales. According to on-chain data highlighted by analyst Ali Martinez, over 80 million ADA were scooped up in the last 48 hours alone. That kind of accumulation, especially in such a short window, tends to carry weight.

Whales scoop up 80 million ADA in 48 hours, reinforcing bullish sentiment around Cardano. Source: Ali Martinez via X

Combined with the earlier TradingView “Strong Buy” reading, this fresh whale activity signals a noteworthy shift in sentiment around ADA. While Solana and other altcoins have dominated the spotlight recently, Cardano seems to be building quietly in the background.

Falling Wedge Breakout Sets the Stage for Cardanos Next Move

Just as Cardanos metrics align, another technical pattern is flashing green. ADA has broken out of a classic falling wedge on the 3-day chart. Whats compelling here is the consolidation just above the breakout level. This kind of retest-and-hold action typically signals strength, not a fakeout. If the price continues to hold this zone, ADA may be setting up for a steady grind higher rather than a short-lived spike.

Cardano breaks out of falling wedge on 3-day chart, with upside targets at $0.84, $1.00, and $1.18. Source: Jimmy6x9 via X

The chart from Jimmy6x9 outlines three key upside targets: $0.84, $1.00, and $1.18. These are reasonable technical checkpoints based on recent price structure and historical resistance levels.

ADA Cardano Price Analysis

Building on the momentum from its falling wedge breakout, ADA is also retesting a crucial trendline once again, this time from the top side. The chart shared by Av_Sebastian highlights a potential double-bottom structure forming just above this trendline, suggesting that Cardano might be preparing for its next leg higher. If this support holds, we could be looking at a continuation toward the $0.90 to $1.00 range, which aligns with previous resistance zones and recent technical targets from other analysts.

Cardano retests key trendline post-breakout, with a double-bottom hinting at continuation toward $1.00. Source: Av_Sebastian via X

The setup is clean: two solid bounces off support, a breakout from the downtrend line, and now a textbook retest. ADA holding this level would confirm the breakouts legitimacy and signal that buyers are stepping in where they need to. If ADA continues respecting this trendline, the technical case for further upside remains intact.

Short Squeeze Pressure Mounts for ADA

If ADA pushes up to around $0.794, things could get interesting fast, with over $25 million in short positions that would be liquidated at that level, according to data shared by CW8900. That kind of liquidation cluster often acts as a target zone.

Over $25M in ADA shorts risk liquidation near $0.794, creating a potential squeeze zone. Source: CW8900 via X

It‘s especially notable because this pressure zone sits right above ADA’s recent trendline bounce and double bottom setup, which already hinted at bullish momentum building. If buyers step in and push the price just a little higher, we could see a chain reaction play out.

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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