
Cardano (ADA) price has signaled a midterm bullish rebound in the coming weeks. The large-cap altcoin, with a fully diluted valuation of about $18 billion, has seen reduced selling pressure over the past three weeks, increasing the odds of a near-term rebound.
Moreover, ADA price has established a robust support level above $0.4, following the heavy crypto selloff that began in early October 2025.
According to on-chain data analysis from Santiment, Cardano whale accounts, with a balance of between 100k and 100 million, added 26,770 ADA coins since the beginning of November. On the other hand, Cardano wallets with an account balance of below 100 coins have dumped 44,751 ADA coins since the start of November.
Historically, a renewed demand from whale investors amid capitulation of retail traders has resulted in bullish sentiment.
Source: X
From a technical analysis standpoint, the ADA/USD pair has been retesting a crucial multi-month rising logarithmic support level in the last three weeks. The support trendline was established after the altcoin rebounded from its bear market lows of around $0.25.
The midterm bullish sentiment for the ADA price will be invalidated if the ADA price consistently falls below $0.4 in the coming weeks.
Cardano’s midterm bullish sentiment is bolstered by the recent launch of the Midnight (NIGHT) project. Moreover, the mid-cap altcoin project, with a fully diluted valuation of about $1.2 billion, is focused on enhancing privacy transactions on the Cardano network at scale.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Tether has announced plans to acquire Italian football club Juventus. The top-tier stablecoin issuer announced…
The Office of the Comptroller of the Currency (OCC) has given the green light to…
The Pakistan government has accelerated its web3 adoption through a strategic collaboration with Binance. The…
The crypto market turned red today as the majority of tokens recorded almost no gains…
Ripple CEO Brad Garlinghouse announced on X that the company has received conditional approval from…
Bitcoin continued to trade in a narrow range on Monday, with price action showing little…