Large holders of Cardano have accumulated more than 210 million ADA over the past three weeks, according to on-chain data shared by Ali Martinez.  The post CardanoLarge holders of Cardano have accumulated more than 210 million ADA over the past three weeks, according to on-chain data shared by Ali Martinez.  The post Cardano

Cardano Price Prediction: Whales Quietly Buy 210 Million ADA – Can ADA Hit $100?

3 min read

The buying occurred while ADA continued to trade under pressure.

ADA is down more than 3% over the last 24 hours and is currently trading near $0.36.

Over the past day, the price has held between $0.36 and $0.40, with the seven-day range capped near $0.43. The accumulation took place during the decline, not after a bounce.

Exchange reserve data shows a slight drop in available ADA. That points to fewer tokens sitting on exchanges and more held off-market, which can tighten supply if demand returns.

ADA Price Analysis: Big Bounce Coming from Long Term Support

On the weekly chart, ADA is trading near the lower boundary of a large symmetrical triangle.

The ADA price is sitting just above the $0.36 area, which aligns with a broader support zone that extends down to roughly $0.28.

Source: TradingView

If $0.36 fails on a weekly close, correction opens toward $0.30 first, with $0.27 acting as the final support from the current structure. A clean break below that zone would invalidate the broader bullish setup.

On the other hand, the chart shows repeated rejection near the $0.45-$0.50 range. That area remains the first major resistance and must be reclaimed before any sustained upside can develop.

Notably, if support between $0.36 and $0.30 holds, the chart allows for a multi-stage recovery.

A breakout above the triangle resistance would put $0.80-$1 back into play, followed by a potential extension toward the $1.40-$1.60 region. ETF push and regulatory backing could put ADA on a path to $4 as well.

Can ADA Realistically Hit $100?

A move to $100 for Cardano is a long shot, but not entirely out of the question if the project continues to evolve and attract major adoption.

At today’s circulating supply, hitting that level would require a market cap bigger than Bitcoin and Ethereum combined.

This is a massive leap from where things stand now, but the ecosystem is expanding.

With consistent development, growing DeFi use, and stronger institutional interest, ADA could push toward much higher levels in the years to come.

New Presale Challenges Bitcoin’s Limitations Using Solana Tech

While ADA is attempting to push higher, a new presale is capturing the attention of those in search of new opportunities.

Having already raised more than $30 million, Bitcoin Hyper ($HYPER) is smartly building a new BTC Layer 2 with the capabilities of the Solana blockchain.

Bitcoin is slow, expensive, and allergic to fun.

Bitcoin Hyper ($HYPER) is fixing that, unleashing memes, DeFi, NFTs, and more onto the Bitcoin network for the first time ever.

This presale is already catching fire, and early buyers are stacking 38% staking rewards just for locking in now.

If you’ve ever wanted to earn while Bitcoin sleeps, $HYPER is your way in.

To participate in the presale, visit the official Bitcoin Hyper website and connect a supported wallet (like Best Wallet).

Once done, swap existing crypto or use a debit/credit card to complete your purchase.

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The post Cardano Price Prediction: Whales Quietly Buy 210 Million ADA – Can ADA Hit $100?  appeared first on Coinspeaker.

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