- Cardano peaked at the 1.272 Fib in 2021, with current cycle projections targeting $3–$6.
- ADA trades near $0.90, facing resistance at $1.15 while consolidating above key Fibonacci levels.
- Whale holdings drop to 5.47B ADA, yet price structure remains supported by 20- and 50-day EMAs.
Cardano (ADA) continues to trade near $0.90, showing renewed activity across both long-term and short-term structures. The cryptocurrency has built upward momentum since mid-2020 after trading under $0.10 for years. Analysts are monitoring Fibonacci retracement and extension zones, as price levels continue to repeat historical patterns from earlier market cycles.
Cardano Price Movements and Fibonacci Levels
The weekly ADA chart shows repeated interaction with Fibonacci retracement and extension levels. From 2018 to mid-2020, ADA traded below $0.10 before starting a strong rally. That run peaked near $3.09 in 2021, topping at the 1.272 Fibonacci extension.
According to an analysis prepared by Ali Charts, Cardano also topped at the 1.272 Fibonacci extension in the last cycle. He noted that current price action points to a $3–$6 range for this cycle. After its peak, ADA retraced to $0.24 in mid-2022, aligning with the 0.236 retracement.
The token then recovered during late 2022 and 2023, consolidating between $0.38 and $0.65. These levels aligned with the 0.382 and 0.5 retracement zones. ADA advanced through 2024 and into 2025, now trading near $0.90, approaching resistance at the 0.618 retracement level around $1.15. According to an observation by Sssebi, Cardano recently traded between $0.853 and $0.939, with $1 acting as a strong resistance area.
Market Activity and Whale Distribution
Cardano’s market capitalization is $32.26 billion, with a fully diluted valuation of $40.55 billion. Circulating supply stands at 35.79 billion ADA, while the maximum supply remains fixed at 45 billion. Trading volume over the last 24 hours reached $746.7 million, marking a decrease of 41.89%.
Santiment data shows whales holding between 1–10 million ADA currently control about 5.47 billion tokens. This group has reduced holdings while the price climbs toward $1, introducing steady distribution across the market.Despite whale distribution, ADA continues to defend its 20-day and 50-day exponential moving averages. If the pattern mirrors earlier cycles, Fibonacci projections place ADA within a $3–$6 range this cycle.
