{"id":224160,"date":"2025-09-13T18:03:13","date_gmt":"2025-09-13T18:03:13","guid":{"rendered":"https:\/\/www.europesays.com\/us\/224160\/"},"modified":"2025-09-13T18:03:13","modified_gmt":"2025-09-13T18:03:13","slug":"cardano-can-ada-eye-1-16-next-amid-whale-buying-frenzy","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/224160\/","title":{"rendered":"Cardano – Can ADA eye $1.16 next amid whale buying frenzy?"},"content":{"rendered":"

\t\t\t\t\t\t\t\tKey Takeaways\u00a0<\/b><\/p>\n

Whales accumulated over 20 million ADA, signaling renewed confidence in Cardano\u2019s upside. Meanwhile, strong long dominance and rising Open Interest point to bullish continuation if $0.93 breaks.<\/p>\n

Cardano [ADA] <\/a>has attracted significant whale interest, as wallets holding between one million and ten million ADA accumulated over 20 million tokens in just the past 24 hours.\u00a0<\/p>\n

This sudden demand adds to tightening liquidity, reducing available supply on exchanges and often leading to strong upward pressure.\u00a0<\/p>\n

Historically, whale-led buying has preceded meaningful rallies, as large holders tend to anticipate future price growth.\u00a0<\/p>\n

Their presence also attracts retail traders seeking to follow strong money flows. After months of subdued activity, the renewed whale appetite highlights growing confidence in ADA\u2019s short-term breakout potential.<\/p>\n

Will ADA bulls conquer the $0.93 resistance?<\/b><\/p>\n

Price charts revealed that ADA was consolidating near the $0.93 level, at press time, an area marked as the 0.618 Fibonacci retracement zone and a historically stubborn barrier.\u00a0<\/p>\n

A confirmed breakout above this resistance could pave the way toward $1.019, the immediate Fibonacci target, with extended upside stretching to $1.166.\u00a0<\/p>\n

Technical indicators such as the Parabolic SAR maintain support for bullish continuation, suggesting momentum favors buyers.\u00a0<\/p>\n

Yet the challenge lies in whether bulls can generate enough demand to decisively push through this heavy resistance zone without triggering another corrective setback.<\/p>\n

\"Cardano<\/a><\/p>\n

Source: TradingView<\/p>\n

Long traders take control!<\/b><\/p>\n

Derivatives data from Binance revealed that longs dominated with over 72% of total positions, compared to just 27.58% for shorts, at press time.\u00a0<\/p>\n

This overwhelming bias demonstrates that market participants hold a strong conviction in ADA\u2019s potential to extend its rally toward higher Fibonacci targets.\u00a0<\/p>\n

Such imbalances often fuel rallies, yet they also increase the likelihood of sharp volatility if price retraces and triggers liquidations.\u00a0<\/p>\n

Encouragingly, this positioning aligns with whale accumulation on-chain, forming a strong convergence of sentiment across both spot and derivatives markets. Together, these dynamics create strong bullish undercurrents for ADA.<\/p>\n

\"ADA<\/a><\/p>\n

Source: CoinGlass<\/a><\/p>\n

Rising Open Interest strengthens the bullish case for ADA<\/b><\/p>\n

Speculative activity has intensified further, with Open Interest (OI) climbing 3.67% to reach $1.92 billion, at press time. Rising OI typically signals new capital flowing into Futures markets, confirming heightened conviction among traders.\u00a0<\/p>\n

When paired with the dominance of long accounts, this suggests traders expect continuation of ADA\u2019s upward trajectory. <\/p>\n

However, such aggressive participation also comes with risks, as heightened leverage amplifies potential swings during corrections.\u00a0<\/p>\n

Despite this, the balance between whale demand, technical bullish patterns, and retail participation provides Cardano with a compelling foundation for a breakout above its critical resistance level.<\/p>\n

\"\"<\/a><\/p>\n

Source: CoinGlass<\/a><\/p>\n

To sum up, Cardano is shaping one of its most bullish setups in months, supported by whale accumulation, technical patterns, and derivatives positioning. <\/p>\n

Whales have committed over 20 million ADA, long traders dominate futures, and open interest continues to expand steadily.<\/p>\n

If ADA clears $0.93, the path toward $1.16 appears wide open. While resistance remains a formidable hurdle, the overall signals lean decisively in favor of bullish continuation.<\/p>\n

\t\t\t\t\t\t\t\t\t\t\tNext: PUMP whale dumps 250M tokens \u2013 Will prices fall below $0.005?<\/a>\t\t\t\t\t\t\t\t\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"Key Takeaways\u00a0 Whales accumulated over 20 million ADA, signaling renewed confidence in Cardano\u2019s upside. Meanwhile, strong long dominance…\n","protected":false},"author":3,"featured_media":224161,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[3244,64,67,132,68],"class_list":{"0":"post-224160","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-ambcrypto","9":"tag-business","10":"tag-united-states","11":"tag-unitedstates","12":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115198309541609302","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/224160","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=224160"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/224160\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/224161"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=224160"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=224160"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=224160"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}