- ADA Holds Strong Above $0.65 Amid Market Swings
- $63.3M Inflows Signal Growing Institutional Faith
- ADA Eyes Breakout as Volume and OI Climb
Cardano ($ADA) continues to hold firm above the $0.65 level after days of price consolidation. The $0.60–$0.62 support range has remained strong, suggesting price stability despite wider market fluctuations. Even if the stock market sees further downside on Monday, ADA may still maintain this support level. The token is trading with rising volume and steady open interest, which points to growing market engagement.
ADA Maintains Strong Support with Rising Trading Volume
The price of ADA retains $0.635 to $0.682 value throughout the past recent sessions as it consolidates its limits. At the time of writing, ADA trades around $0.655 after recording a 0.50% gain over the last 24 hours. The trading volume rose by 10% in the same period, signaling higher participation from traders and investors.
Technical indicators suggest a balanced market. The RSI is near 48.6, showing that ADA is not overbought or oversold. The MACD is slightly positive, pointing to mild upward momentum. Analysts have noted that a daily close above $0.69 could set the stage for a move toward $0.85. However, if the price falls below $0.635, there is risk of a drop toward the $0.45 support zone.
Traders are watching the $0.648 and $0.674 levels closely, where high levels of leverage have been placed. According to Coinglass, $4.21 million in long positions sit near $0.648, while $8.15 million in shorts are located around $0.674.
Institutional Inflows and Open Interest Indicate Growing Confidence
In March 2025, Cardano attracted $63.3 million in institutional inflows, surpassing both Bitcoin and Ethereum. These inflows have come as Bitcoin experienced $826 million in outflows.
Market observers suggest this could reflect a shift in investor interest toward alternative assets like ADA.Open interest in ADA has grown to $387.6 million, with most activity in perpetual contracts.
This increase supports the current market momentum. ADA has also recorded 14 green days in the last month, with 11.33% price volatility. As a result, the token’s outlook remains stable while investors await a clear directional move.
