As of March 18, 2025, the price of Cardano (ADA) is trading at $0.72323. In the past 24 hours, ADA has reached a high of $0.728765 and a low of $0.696812.

Technical Analysis:

Currently, ADA is facing significant resistance near the $0.75 level, where the 200-day EMA acts as a "fortress" that is difficult to break through. Over the past four days, the ADA price has continuously tested this area but has not been able to break through successfully, indicating that selling pressure is still present.

Large Investor Activity:

Although the price of ADA has recovered about 15% over the past week, the activity of "whales" – large investors – remains stable, indicating that they are not actively accumulating. This may limit ADA's growth momentum in the short term.

Future Price Forecast:

According to Traders Union's forecast, the price of ADA could reach $1.012 by the end of 2025 and $1.282 by the end of 2029. However, current technical analysis indicators recommend a "Strong Sell" for the D1 (one day) timeframe and "Neutral" for the W1 (one week) timeframe.

Conclusion:

Although ADA shows signs of recovery, facing strong resistance and caution from large investors may cause the price to continue fluctuating in the short term. Investors should monitor important support and resistance levels, along with technical indicators, to make informed trading decisions.