Cardano (ADA) Price Prediction: Will ADA Retest the $0.85 Resistance as Network Activity Surges?

Despite a volatile crypto environment, Cardano is showing signs of resilience, prompting some to wonder if the ADA price is on the cusp of a breakout toward $0.85.

Cardano’s price movements have been closely monitored by traders and investors alike, especially given the recent market downturn and the sell-offs observed among ADA whales. Despite the challenges, Cardano’s network activity has surged, sparking speculation about an upcoming retest of the $0.85 resistance.

A recent analysis by Ali Martinez on X highlighted the possibility of ADA being “at the very beginning of a monster parabolic rally.” This analysis is based on the observation that ADA’s price movements in 2025 seem to be following a pattern similar to the early stages of the 2021 bull run, which saw ADA’s price skyrocket from under $0.10 to over $3. If this trend were to continue, it could propel ADA to new highs this year.

However, the analysis also notes that ADA’s whales have not yet shown signs of re-accumulating their tokens, despite the recent market pullback and the lower prices at which ADA is now trading. This lack of buying activity from the whales has left the market vulnerable to continued downward pressure, especially if ADA fails to attract sufficient buying demand from other market participants.

Overall, while Martinez’s analysis provides an interesting perspective on ADA’s price movements and the potential for a strong bull run in 2025, it is important to approach any price predictions with caution and to consider a variety of factors and viewpoints when making investment decisions.