ADA Price Tests Key Resistance: Whale Investors Amass 410 Million Cardano in April

Altcoins Cryptocurrency

Ad Disclosure

Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More

Crypto Writer

Arslan Butt

Crypto Writer

Arslan Butt

About Author

Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...

Author Profile

Share

Copied

Ad Disclosure

Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More

Last updated: 

May 3, 2025

Why Trust Cryptonews

Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas - from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews

Cardano (ADA) is once again in focus as new on-chain data reveals aggressive accumulation by whale investors throughout April. According to crypto analyst Ali, addresses holding large amounts of ADA snapped up over 410 million tokens during the month, taking advantage of the token’s price volatility.

Despite swings triggered by macroeconomic headlines and initial excitement around a crypto reserve initiative, ADA ended April with a 4.6% monthly gain.

The scale of accumulation indicates increased confidence in ADA’s mid-term trajectory, particularly from investors with long-term capital.

Such buying activity typically precedes structural price movement and reflects repositioning by entities prepared to absorb volatility without immediate liquidity needs.

Whale Takeaways:

• 410 million ADA added to whale wallets in April
• Price ranged from $0.6247 to $1.19 during the month
• April closed with a 4.6% net price increase

Cardano Price Holds Crucial Support

ADA is currently trading around $0.6876, having recently dipped below its ascending trendline support. The 50-period Exponential Moving Average (EMA) now sits slightly overhead at $0.6966, capping bullish attempts. With the price hovering just beneath $0.70, Cardano is testing a zone that could define its short-term trajectory.

Momentum indicators are flashing warning signs. The MACD histogram has flipped red, and both signal lines have dropped below zero, pointing to potential weakness. However, support at $0.6704 remains intact—for now.

If bulls can push the price back above $0.70, ADA may reclaim its uptrend and retest resistance levels at $0.7268 and $0.7470. A rejection, on the other hand, could drive price action lower toward $0.6430.

Key Levels to Watch:

• Immediate resistance: $0.7014
• Upside targets: $0.7268 → $0.7470
• Support levels: $0.6704 → $0.6430

Cardano Trade Outlook: Wait for Confirmation

For traders looking to capitalize on this setup, patience remains critical. A confirmed breakout above $0.7014 on rising volume would offer a compelling bullish entry, particularly if accompanied by a MACD crossover. Until then, the risk of false breakouts lingers.

Trade Setup:

• Entry: Close above $0.7014
• Target: $0.7268 → $0.7470
• Stop Loss: Below $0.6700

Volume and momentum confirmation will be key signals to watch before entering.

With whale support behind the scenes and a potential structural breakout brewing, ADA could be positioning for a strong move—if bulls step up at the right time.

BTC Bull Token Crosses $5.28M as Flexible 78% Staking Yield Draws Investors

BTC Bull Token ($BTCBULL) is continuing its rapid ascent in the crypto presale landscape, crossing $5.32 million in USDT raised, edging closer to its $6.07 million hard cap. Priced at $0.002495, the token has drawn attention for its practical staking utility, positioning itself as more than a speculative meme coin.

As of now, only about $744,000 remains before the cap is reached—highlighting growing demand among retail and yield-seeking investors.

Utility-Driven Tokenomics Fuel Demand

Unlike typical meme tokens, BTCBULL blends crypto culture appeal with tangible staking rewards. Investors can currently earn an estimated 78% APY while keeping their tokens fully liquid—unstaking is allowed at any time without penalties or lockup periods.

This model has resonated with investors who seek yield without sacrificing access, especially in a volatile crypto environment.

Current Presale Stats:

• USDT Raised: $5,320,201.23 of $6,070,369
• Current Price: $0.002495 per BTCBULL
• Staking Pool Total: 1,342,549,903 BTCBULL
• Estimated Yield: 78% annually

With less than $750K left before the next milestone, the presale window is narrowing fast. For investors chasing high yields with exit flexibility, BTCBULL is becoming an increasingly compelling contender in the 2025 crypto cycle.