The Cardano price is consolidating in a tight range, but significant money is moving beneath the surface. Our latest ADA price prediction indicates that a decisive breakout above $0.89 is needed to end the stalemate between accumulating whales and hesitant retail traders.
Whale Accumulation Supports a Bullish Cardano Price Prediction
On-chain data reveals a strongly bullish signal for our Cardano price prediction. Wallets holding 10 million to 1 billion ADA have collectively acquired 70 million coins (worth $59 million) in recent days.
Furthermore, the Chaikin Money Flow (CMF) has turned positive, confirming that net money is flowing into ADA. Therefore, this smart money accumulation provides a solid foundation for a potential upward move.
Retail Hesitation Creates a Tug-of-War
Despite the whale buying, our Cardano price prediction must account for retail sentiment. The Money Flow Index (MFI) is showing lower highs, indicating that smaller traders are not participating with the same conviction.
Consequently, this divergence explains why ADA is trapped in a symmetrical triangle pattern. The price is coiling, with the resistance between $0.86 and $0.89 acting as the major barrier.
The Final Verdict: A Breakout is Imminent
Our Cardano price prediction hinges entirely on the $0.89 level. A daily close above this resistance would confirm a bullish breakout, likely triggering a move toward $0.93 and $0.95.
However, a break below the triangle’s support near $0.78 would invalidate the bullish setup. The next major move for ADA will be determined by which side—whales or retail—wins this tense battle.
