#Cardano Update
Whales Loading Up – Is $1 Next?
Cardano (ADA) is heating up! In April, whales scooped up 410M ADA (~$283M) — a massive show of confidence.
Right now, ADA is consolidating just below $0.75 resistance. Analysts are eyeing a bullish flag — and a clean breakout above $0.75–$0.77 (200-day MA) could trigger a rally toward $1.30!
Short-term forecasts? ADA may reach $0.797 by May 8, a possible +13.88% from current levels.
Key levels to watch:
Support: $0.66
Resistance: $0.75–$0.77
With whales backing the move and market momentum building, ADA’s next big push might be around the corner. Stay sharp!