Cardano price is back in focus as blockchain data reveals a surprising shift, with large ADA holders now funneling capital into a new crypto presale.
ADA's top holder base may be hedging into emerging utility plays, signaling a shift from pure token holding to early stage crypto investment with asymmetric upside.
Cardano is trading in the $0.83 to $0.87 range with bulls making a stand at that range. Technical setups imply that ADA has constructed a bear-trap area between $0.75 and $0.78.
This range is acting as a trap for sellers and it is expected that buyers may force a breakout. If that is the case, there is room for ADA to retest $0.95 to $1.18 resistance.
Cardano price forecasts are mixed. Some models peg ADA's 2025 average near $0.94, with highs approaching $1.
Author's summary: Cardano price prediction shows a potential breakout.