Cardano Price: Will ADA Survive the Crash After Losing 26%

Large holders reduced exposure to Cardano during the past week. Cardano (ADA) price was around $0.64 at the time of writing, down roughly 4.6% in 24 hours and 26% over the week.

Cardano (ADA) Price Hovered Near a Key Support

Trading focused on a narrow zone as buyers attempted to slow the decline. The $0.65 region became a short-term support where buyers tried to absorb selling pressure.

In Cardano news, analysts tracked whale flows for confirmation. Analyst Ali said on X that wallets with 1 Million to 10 Million ADA trimmed positions through the week.

Those addresses acted against strength rather than buying dips. Data showed a clear step down in holdings.

The cohort moved from roughly 5.55 Billion ADA to about 5.49 Billion ADA. That change pointed to distribution, not accumulation.

Support marked the level where demand often absorbed supply. Resistance marked the area where sellers often regained control.

Those simple concepts framed the recent range. The lower band attracted bids while the upper band kept capping rebounds.

Crypto price history provided context. Cardano (ADA) price traded above $0.90 in mid-September before sliding steadily to current levels near $0.65.

Each rebound since then met supply, and whales used these moves to exit rather than accumulate.

Flows from large holders mattered because they concentrated supply. When those addresses sold into strength, they capped momentum.

When they paused or bought, they removed an overhang. The week’s reduction indicated caution among larger participants.

Market structure remained two-sided. Short-term traders watched the lower band for signs of exhaustion.

Failure there could invite stops and accelerate the decline. Success there could stabilize momentum temporarily.

Trading focused on a narrow zone around a round number. Buyers defended that area after repeated rejections near the upper band.

Cardano (ADA) Price Met Selling Near Upper Range

In Cardano news, observers noticed whale behavior aligned with visible exhaustion points. Large addresses sold during short-term rallies, limiting upside follow-through.

Analysts said the selling served several motives. Profit taking followed the late-summer advance. Rotation favored Bitcoin over alt tokens during the period.

Liquidity in non-Bitcoin pairs thinned as attention moved to larger vehicles. Regulatory and macro uncertainty also weighed on risk. Rate sensitivity stayed elevated.

Cash yields and macro headlines reduced appetite for mid-cap tokens. In that backdrop, significant wallets reduced exposure where liquidity existed.

Order flow echoed that stance. Attempts to lift beyond prior resistance failed to sustain. Sellers leaned into those levels with resting offers, and buyers retreated after short squeezes faded.

A single data point rarely defined a trend. But a week of persistent outflows from whales carried signal.

The cohort’s holdings did not stabilize by the end of the period. That fact kept supply risks elevated across the chart.

Technical language stayed simple for the setup. A “range” described sideways action bounded by support and resistance.

Breaks beyond those borders often produced momentum for a crypto as orders clustered at the edges. The week did not deliver such a break.

Key Levels and Signals to Watch Next

The next phase turned on whether whales continued to distribute. If combined balances for the 1 Million to 10 Million ADA cohort kept falling, sellers could press toward lower supports near the low $0.60s or even $0.58.

If the cohort stabilized, the supply overhang could ease. That shift could let buyers attempt another test higher, though meaningful resistance remained far above current prices.

Any rebound would first need to reclaim lost ground above $0.70. Analysts said three signals deserved attention. First, watch on-chain balances for the whale cohort.

Stabilization would suggest distribution slowed. Second, watch spot volumes near support zones. Expanding volume on a break below $0.65 or above $0.70 would confirm conviction.

Further, investors can keep an eye out for Cardano news, to watch the relative bid in pairs against Bitcoin.

Stronger performance relative to BTC often preceded sustained bounces in alt crypto tokens. Risk management depended on levels, not predictions.

The lower band marked invalidation for short-term longs. The upper band marked invalidation for short-term shorts. In both cases, range edges carried the most useful information.

Time also mattered. The longer ADA price held above $0.65, the more likely stabilization became. The longer rallies failed near $0.70, the more likely sellers pressed another test lower.

Neither side owned the tape while distribution persisted. Derivatives tools, if used, required context as well. Funding and open interest moved with spot.

Without spot expansion, leverage worked against late entries. The cleaner signal, again, sat with spot volume and whale flows.

In summary, the setup remained simple. Whales sold about 40 Million ADA in seven days. Holdings for the 1 Million to 10 Million ADA cohort slipped from roughly 5.55 Billion to 5.49 Billion ADA.