Sentiment: Positive

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Cardano (ADA) Price: Whales Are Buying the Dip as ADA Breaks Out of Its Downtrend

By Trader Edge at 2026-08-10 05:09

Sentiment: Positive

TLDR ADA traded near $0.196 after gaining around 14% over the previous seven days. An analyst projects a 147% rally toward $0.47 following a breakout from a downward channel. Whale wallets accumulated 110 million ADA tokens since Friday, per Santiment data. Derivatives metrics show a slight bullish tilt, with funding rates flipping positive. Key resistance [...] The post Cardano (ADA) Price: Whales Are Buying the Dip as ADA Breaks Out of Its Downtrend appeared first on CoinCentral. Continue reading...

Categories: Analysis

Tags: #Analysis

Source Coin Central