<ul> 
 <li>The upward movement starting from the level of $0.25 is noticeable in ADA’s daily price chart.</li> 
 <li>In technical analysis, daily closes above the level of $0.305 can support ADA’s rise.</li> 
 <li>Big whales are planning to consider ADA’s decline to the levels of $0.28 – $0.27 as a buying opportunity.</li> 
</ul> 
When examining Cardano’s daily price chart, the upward trend stands out. According to technical analysis, ADA needs to surpass a certain resistance level in order to sustain its rise. Additionally, a decline zone that big whales are waiting for buying has also been determined. 
<h2 id="strong-medium-term-ada-price-analysis-strong">Medium-Term ADA Price Analysis</h2> 
<a href="https://en.coinotag.com/wp-content/uploads/2023/06/Cardano-ADA-Price-Prediction-Whales-Await-These-Levels-for-Buying.png"></a> 
Daily ADA/USD Price Chart 
When examining Cardano’s daily price chart, it can be seen that it has risen from the level of $0.25 to around $0.30. 
When analyzing Cardano’s technical chart, it is observed that in order to sustain the rise, it needs to achieve daily candle closes above the level of $0.305. 
If the ADA price can achieve daily candle closes above the level of $0.305, it can continue the upward movement towards the level of $0.33. However, if the level of $0.305 cannot be broken, it may experience a decline and fall to the range of $0.28 – $0.27. 
According to technical data, many big ADA whales are waiting to buy at the levels of $0.28 – $0.27. The ADA price falling into this range will be in line with an important Fibonacci support range. 
When the ADA price reaches the range of $0.28 – $0.27, the whales plan to set a stop point with daily candle closes below the level of $0.257 and make spot investments. 
<h2 id="strong-short-term-ada-price-analysis-strong">Short-Term ADA Price Analysis</h2> 
<a href="https://en.coinotag.com/wp-content/uploads/2023/06/1687442533_104_Cardano-ADA-Price-Prediction-Whales-Await-These-Levels-for-Buying.png"><img decoding="async" loading="lazy" class=" td-modal-image alignnone wp-image-134061 size-full" src="https://en.coinotag.com/wp-content/uploads/2023/06/1687442533_104_Cardano-ADA-Price-Prediction-Whales-Await-These-Levels-for-Buying.png" alt="2-Hour ADA/USD Price Chart" width="1963" height="858"></a> 
2-Hour ADA/USD Price Chart 
When examining Cardano’s 2-hour technical chart, it can be seen that it has experienced a downward movement with selling pressure from the resistance zone and is currently trading around $0.2934. 
If the ADA price fails to achieve 2-hour candle closes above the mentioned level of $0.304, it may continue the downward movement towards the level of $0.2748. 
Cardano’s price can perform an upward movement towards the mentioned resistance zone. However, if it fails to achieve candle closes above the level of $0.304, it may experience another decline. 
If the ADA price falls to the level of $0.2748 and achieves 2-hour candle closes above this zone, it can again perform an upward movement towards the level of $0.30. However, if the ADA price achieves 4-hour candle closes below the level of $0.2748, the downward target may be the level of $0.2648. 
The post <a rel="nofollow" href="https://en.coinotag.com/cardano-ada-price-prediction-whales-await-these-levels-for-buying/">Cardano (ADA) Price Prediction: Whales Await These Levels for Buying!</a> appeared first on <a rel="nofollow" href="https://en.coinotag.com">COINOTAG EN</a>.

Cardano (ADA) Price Prediction: Whales Await These Levels for Buying!

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