Key Insights:
- Cardano price prediction shows a 21% bounce potential if the price reclaims $0.50.
- Big holders added $77 million ADA, hinting at early recovery strength.
- A drop under $0.38 keeps the risk of $0.27 still open.
Cardano price prediction has started to look a bit better this week. ADA price trades near $0.41, after falling for weeks.
The chart now shows a small early signal that a short recovery may start soon. But the move only works if Cardano price stays above key support and the market does not weaken again.
The network also faced a mainnet issue recently, which adds more noise for traders. The signs together show that ADA is trying to build a base, but the next few levels decide everything.
Why Cardano Price Prediction Shows a Possible Bounce?
The first signal behind the bullish Cardano price prediction comes from the RSI (Relative Strength Index). It is a simple tool that measures if a coin is overbought or oversold.
Between October 10 and November 22, the ADA price formed a higher low, while the RSI formed a lower low.
This pattern is called a hidden bullish divergence. It usually shows that selling pressure is slowing down, and a short-term bounce can begin.
The chart supports this idea. ADA price traded close to $0.41, which is just above a support area where buyers stepped in earlier.
If Cardano price moves above $0.50, the recovery becomes stronger. A clean move above $0.50 opens a path toward $0.62, $0.69, and even $0.89 if the broader crypto market improves.
These levels come from simple Fibonacci retracement lines, which many traders use to find support and resistance zones.
But the risk still exists. If Cardano price falls under $0.38, the chart starts pointing toward $0.27.
This zone is where many long-term ADA traders expect a deeper bottom.
Big ADA Holders Are Back to Buying?
On-chain data shows that big holders bought more ADA this week. The largest group of wallets increased their Cardano holdings from 1.59 billion to 1.78 billion ADA in one aggressive pickup.
At the current Cardano price price at $0.41, this equals about $77 million worth of ADA added in a short time. When large holders buy after a long downtrend, it normally means they think the price is close to a strong support.
But sentiment around ADA is still mixed. Some analysts say ADA has the most negative sentiment among major networks right now.
This came from a few recent issues on the network. One part was the small mainnet incident, where Cardano faced a temporary chain split due to a rare edge-case bug.
Even though the network did not go down, many users misunderstood the event and assumed something more serious had happened. The team explained the issue and fixed it quickly, but the fear added pressure to the price.
Another trouble point came from a whale losing $6.05 million on a trade because of low money available for trading on a decentralized exchange. This highlighted a liquidity gap in some parts of the Cardano network, and that also affected short-term sentiment.
Still, some analysts remain confident, keeping track of the bullish Cardano price prediction. One trader pointed out that ADA price just retested the same zone that started its last major rally.
Another chart shared online said ADA has strong long-term potential because it is still far under its old high. ADA price currently sits at about 22% of its all-time high, which gives more room to grow if the next cycle strengthens.
However, everything now depends on $0.50. That is the most important level on the chart.
Without breaking this line, the recovery stays weak. With a clean break above it, the Cardano price prediction points to a 21% rebound and a move toward higher targets.
The RSI signal and whale buying support this idea, but the market needs to stay stable for a potential surge in ADA price.