ADA Price Prediction: With selling pressure from whales, the road to reclaiming $1 is bumpy. Will July be a turning point?
Despite facing selling pressure from whales, Cardano (ADA) is still struggling to reclaim the $1 level. Analysis indicates that unless long positions can regain control and turn the $0.73 resistance level into a support level, the likelihood of ADA achieving a sustainable pump to $1 in the short term remains low. On the other hand, if ADA loses the critical support zone at $0.54, it could trigger a deeper pullback, dipping to $0.50 and possibly retesting the wedge bottom area near $0.44, at which point stronger buying interest may eventually return.