$ADA

Cardano ($ADA) at a Critical Point: Between Pressure and Opportunity

Cardano ($ADA) is currently in a consolidation phase in the range of $0.62–$0.64, with selling pressure from whales who have recently released hundreds of millions of ADA. Nevertheless, the project also shows positive signals, such as the launch of the "Originate" platform and ADA's inclusion in the Nasdaq crypto index, which drives increased volume and institutional exposure.

Technically, $ADA is being tested at an important support zone. If this level breaks, the potential correction to $0.60 opens up. However, if it holds and breaks through the $0.73 resistance, the path to $0.80 or even $1.00 could be wide open. Fundamentally, Cardano continues to build its ecosystem with over 2,000 active projects and focuses on DeFi adoption as well as enterprise solutions.

With a combination of market sentiment, whale activity, and new product launches, Cardano is standing at a critical point. The decision for investors now depends on one thing: seeing this phase as a threat of decline, or an early opportunity before the next resurgence.