Cardano (ADA) Sees Major Whale Accumulation – Will It Repeat Its Last Bull Run Fractal?

By: coinsprobe|2025/05/03 04:30:01
0
Share
copy
Date: Sat, May 03, 2025 | 04:10 AM GMTAfter a rough start to 2025, where even Ethereum (ETH) tanked by 45% in Q1, the crypto market is finally flashing signs of life over the past month — and this renewed bullish momentum is beginning to spill over into major altcoins, including Cardano (ADA).After experiencing a significant sell-off in Q1, ADA has surged by 7% over the past 30 days — and now, a familiar fractal pattern is emerging, hinting that the recovery may not be over just yet.Source: CoinmarketcapWhale Accumulation Picks Up SteamOn-chain data from crypto analyst @ali_charts reveals a major development beneath the surface: whales are back. In April alone, large holders scooped up over 410 million ADA, worth approximately $300 million at today’s prices.Source: @ali_charts (X)This kind of whale accumulation typically precedes big moves. Historically, when large wallets accumulate at scale, it signals growing confidence among long-term holders and potential preparation for a larger market breakout.ADA Mirroring Its 2021 Bull Run Fractal?In a recent post by analyst @Beastlyorion, ADA is said to be repeating its 2020–2021 bull run fractal — a pattern that includes an inverse head and shoulders setup, followed by a breakout and sharp rally.ADA Fractal Chart/Source: @Beastlyorion (X)Looking at the comparative fractal chart, ADA’s current price action is almost perfectly tracing the same structure seen before its explosive rally in 2021. The chart (see image above) outlines a long-term ascending channel, with ADA now rebounding off its mid-trend support line — just like it did in early 2021.The fractal projection suggests a potential move toward the $9–$12 region if the pattern continues to play out, echoing ADA’s historic surge from below $0.20 to over $3 in its last cycle.Technical OutlookTechnically, ADA has broken out of a year-long descending wedge and is retesting it as support. The price is currently consolidating around $0.70, and if momentum continues, the next key resistance lies around $1.05. A clean break above that level would add further credibility to the fractal thesis.Volume is gradually picking up, and RSI on the daily timeframe remains neutral — giving bulls more room to push higher.Final ThoughtsWhile fractals don’t always play out perfectly, history often rhymes in crypto — and Cardano’s current price structure, combined with significant whale activity, has many eyes on it. If the past is any indication, ADA might just be gearing up for a major move in the months ahead.Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.

-- Price

--

You may also like

What you bought on CEX is really not US stocks: Analyzing the 94% liquidation monopoly and the evaporation of equity under a five-layer pipeline

Peeling back its smooth trading interface to examine the underlying legal relationships and settlement processes, you will find that this is far from a simple "RWA asset revolution," but rather a complex game of interests involving spot pricing, rights ownership, and the monopoly of underlying custo...

In such a crowded cross-border payment arena, where is the next stop for the future?

Only by stepping into the mud can one have the chance to touch gold.

Why Is Bitcoin Down in 2026? What We Can Learn From 2022

Why is Bitcoin down in 2026? Bitcoin has just recorded its worst first half since 2022, with back-to-back quarterly losses, record ETF outflows, and extreme fear. Here's what history says, how 2026 differs from the last bear market, and the three signals traders should wat

The large models in the United States are moving towards closure in the name of security

The government successfully inserted itself as an approver between commercial AI models and their users for the first time.

From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework

Give up on heavily investing in Nvidia's "nine major bottlenecks"! This article analyzes the underlying logic behind top AI investors making billions: physical infrastructure such as electricity, HBM, and optical interconnects are the true keys to wealth in AI hardware.

Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion

Overview of Important Market Events on June 25

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com