Cardano's price shows Call signs, but is facing whale withdrawals and declining momentum. Due to reduced network activity, the ADA price is struggling around 1 dollar.

Cardano (ADA) price surged 10% in the past week, showing signs of a possible Call trend in 2025. The recovery followed the rise in late 2024 as the broader Cryptos market began to stabilize.

However, reaching the $1 milestone may face obstacles, as decreasing whale activity raises concerns. Bitcoin's rise above $97,000 boosted market sentiment and contributed to the recovery. Cardano's future momentum depends on strengthening investor confidence and reducing selling pressure from major holders.

Cardano price loses momentum.

Cardano's price rose to above $0.90 after an 8.69% increase in the past 24 hours. The current ADA price is $0.957, with a daily increase of 5%. This growth aligns with the overall upward trend of the Cryptos market in the past week.

Cardano (ADA) has risen 10% in the past seven days, solidifying its position as the ninth largest Market Cap Cryptos. Before the anticipated 2025 Bullish market arrives, ADA is attracting investor attention.

ADA holders are fleeing due to weakening momentum.

The price of ADA has fallen from a recent high of $1.3264, as the number of daily active addresses dropped to levels seen before the surge on November 3. Although the price has only decreased by 30%, investor participation in the network has sharply declined, highlighting a lack of sustained interest in this asset.

Network growth Indicators soared with the rebound but have now significantly slowed down. This indicates a weakening momentum and declining confidence among ADA holders. The drop in daily active addresses suggests that, despite a relatively mild decline in the asset's price, participation has weakened.

As momentum weakens, whales are selling off ADA.

On December 11, whale groups holding between 10 million and 0.1 billion ADA possessed 12.15 billion ADA. Meanwhile, whale groups holding between 1 million and 10 million ADA owned 5.64 billion ADA.

The decline in holdings of significant ADA stakeholders signals a bearish momentum for Cardano, as whale sell-offs typically precede price weakness.

Cardano Price Analysis and Targets.

Cardano (ADA) price is gaining upward momentum after consolidating around $0.80. Despite the price remaining stagnant for a long time, the cryptocurrency has risen to $0.96, showing resilience.

In the four-hour chart, resistance and support zones are clearly visible, providing important insights for potential price movements. The immediate resistance level is at $1.00, which has historically been a psychological barrier. Breaking this level may pave the way to test $1.30. On the downside, the $0.80 area serves as strong support, while $0.70 and $0.50 are secondary pullback levels.

Relative Strength Index (RSIIt has entered the overbought zone and is currently hovering around 67. This indicates that buying pressure is increasing, although the market may soon face a brief adjustment.

The outlook for Cardano's price recovery is bullish, but reduced whale activity poses challenges. Ongoing investor confidence and new market participants are crucial for ADA to break the $1 resistance level.

Highlights

The decrease in whale activity suggests a Put momentum for Cardano (ADA).

Cardano's price faces resistance at $1, which is both a psychological and technical barrier.

Investor confidence is vital for ADA to maintain its Bullish momentum.