Cardano Price Prediction: ADA Sees a 10% Surge as Whale Activity and NFTs Spark Momentum

Cardano is once again making waves, with fresh momentum sparking talk of a potential breakout. The latest Cardano price prediction circles back to key resistance near $0.74, where ADA is quietly building pressure.

Cardano NFTs Back in the Spotlight

Cardano NFTs are trending once again, with “Cardano NFTs” landing on X’s trending list under Business and Finance as shared by TapTools. ADA is getting renewed attention beyond just the charts. This kind of organic spotlight can often be the fuel that sparks a wider rally.

Cardano NFTs trend on X, bringing fresh attention to ADA. Source: TapTools via X

While broader market sentiment remains cautious, ADA appears to be carving out its own narrative.

ADA Technicals Flashing a Setup: Nehal Spots a Potential Reversal

As Cardano NFTs grab social momentum, ADA Cardano price action is starting to paint a technical story of its own. Analyst Nehal points out that while the broader sentiment stays cautious, ADA is tapping into a crucial 4H demand zone between $0.665–$0.675, a region that previously sparked upward momentum. The descending wedge forming on the 4H chart could act as a launchpad, especially if bulls defend the lower boundary near $0.66 and reclaim the $0.691 mark with conviction.

Cardano eyes a technical rebound as ADA tests key 4H demand zone, with upside targets in focus. Source: Nehal via X

A successful reclaim may open the doors toward $0.705, with further upside targeting the week high at $0.75. When technicals and social catalysts align, moves can accelerate. ADA isn’t in breakout mode just yet, but it’s closing to a potential rallying phase.

Whales Making Their Move

As Cardano’s chart structure hints at a potential reversal, there’s another layer adding quiet strength to the story: whale accumulation. According to data shared by Ali Martinez, whales snapped up over 410 million ADA in April alone. That kind of accumulation isn’t just casual buying, it’s calculated positioning, often ahead of a potential shift in price structure or sentiment.

Cardano whales accumulated over 410 million ADA in April. Source: Ali Martinez via X

While this doesn’t guarantee immediate strength, it does reinforce that ADA’s foundation is strengthening. Whether it’s a coordinated bet on NFTs gaining traction or simply smart money recognizing a discount, the timing of this whale activity aligns closely with ADA hovering near a key demand zone. If bulls can convert this silent strength into a reclaim of the $0.691 level, it could mark the beginning of a much more confident phase for ADA in Q2.

Cardano Price Outlook Remains Bullish

Cardano’s daily chart is showing some intriguing pressure right now. Crypto analyst Crypto Target highlights that ADA has been repeatedly testing the upper resistance band around $0.74, with each push strengthening the chance of a breakout. This tight consolidation mirrors the kind of buildup seen before previous surges, and with price action staying sticky near the top of the range, the chart looks primed for a decision soon. The long shadow of the $0.70–$0.74 supply zone remains key, but if bulls can break and hold above it, the next technical target stretches toward $0.95, offering room for meaningful upside.

Cardano’s price outlook remains bullish, with repeated tests of $0.74 resistance suggesting a potential breakout towards $0.95. Source: Crypto Target via X

Final Thought

The latest L1 leaderboard, as shared by CW, paints a telling picture: while SUI has grabbed top-tier performance, ADA Cardano price is quietly positioning itself as a strong contender for what’s next. Over the past year, ADA has held steady ground, maintaining relative strength even as other L1s showed more volatility. This kind of resilience often sets the stage for a meaningful move once sentiment shifts.

Cardano’s ADA secures second place in L1 performance, showing consistent strength. Source: CW via X

Cardano’s blend of consistent technical setups, like the ongoing battles around the $0.74 resistance and its strengthening narrative within the L1 space, suggests there’s room to climb. With momentum gradually building and ADA is now on the radar for a potential move.