TLDR
Cardano has reclaimed $0.75 level as support, with bullish structure on both 1-day and 4-hour charts $932 million in ADA has left centralized exchanges in 2025, similar to outflows before 2021’s rally to $3.10 74% of Binance traders hold long positions, expecting further upside An audit report addressing fraud allegations against Charles Hoskinson is pending and may impact price Price targets include $0.84, $0.9, $1, and potentially $1.32 if momentum continuesCardano (ADA) has shown strong recovery in recent weeks, with bulls successfully reclaiming the $0.75 level as support. This price action comes as exchange outflows reach $932 million in 2025, a pattern reminiscent of the 2021 market conditions that preceded ADA’s historic rise to $3.10.
On technical charts, Cardano’s structure has turned bullish on both daily and 4-hour timeframes. The breach of the $0.756 level marked an important technical development, as this price point represented a swing high from mid-March.
The On-Balance Volume (OBV) indicator has been trending higher, suggesting substantial demand for the token in recent weeks. The Relative Strength Index (RSI) has also retested the neutral 50 level as support and appears to be climbing higher.
On the 4-hour chart, Cardano has broken through a descending trendline resistance. This move, combined with the OBV climb and RSI bounce above neutral 50, signals that momentum has turned positive.

ADA Price
Exchange Outflows Fuel Optimism
The $932 million in ADA that has left centralized exchanges this year mirrors the outflow pattern seen before Cardano’s 2021 rally. Decreased exchange supply often precedes price increases due to reduced selling pressure.
This outflow coincides with renewed interest in Cardano despite the token trading 75% below its all-time high. Market participants are watching these exchange movements closely as they may signal another bullish cycle.
For the current uptrend to continue, bulls need to defend the $0.68-$0.74 support range. If this level holds, the next target becomes the resistance zone at $0.84.
A successful break above $0.84 could propel ADA toward the psychologically important $1 mark. From there, further momentum could push prices toward $1.32, a key target identified by market analysts.
However, if the current support zone fails, ADA price could retreat to the $0.55 level.
Pending Audit Report Could Sway Market
Market participants are closely monitoring an ongoing audit into fraud allegations involving Cardano founder Charles Hoskinson. The claims suggest improper fund transfers through ledger manipulation.
Input Output Global has commissioned an independent audit firm and legal team to investigate these allegations. The findings of this report are expected to influence ADA’s short-term price trajectory.
Hoskinson has stated that once the audit report is released, he will step back from public appearances and delegate social media interactions to a media team.
Depending on the results, the audit might either strengthen or weaken investor confidence in the project. This makes the report’s release a potential catalyst for price movement in either direction.
Binance transaction data indicates strong bullish sentiment among traders. According to Coinglass, 74% of ADA-related trades on the platform are buy orders, suggesting widespread expectations of price appreciation.
The Long/Short Ratio stands at 0.97, with the majority of accounts positioned long. The open interest in ADA futures contracts currently amounts to $859 million.
Recent analysis also revealed substantial whale activity, with large investors accumulating over 40 million ADA within a two-day period. This accumulation further supports the bullish outlook.
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