Cardano Price Prediction – $182M in Outflows Signal Crisis as Coinbase and XRP News Fail to Stop the Bleed 

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Harvey Hunter

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Harvey Hunter

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Harvey Hunter is a Junior Content Creator at Cryptonews.com. With a background in Computer Science, IT, and Mathematics, he seamlessly transitioned from tech geek to crypto journalist.

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Last updated: 

July 3, 2025

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Despite XRP and Coinbase ecosystem integration, ADA spot markets closed June with a $182.1 million net outflow—traders remain bearish on the near-term Cardano price outlook.

The altcoin stands to extend its multi-month decline into the new month, with bullish sentiment still scarce as these developments fail to trigger a lasting uptrend.

Cardano remains vulnerable to broader macro narratives, with weaker-than-expected U.S. jobs data and the looming July 8 “Liberation Day” tariff pause expiry fueling fresh FUD.

Cardano Lags Behind Fundamentals – Crisis for ADA?

Mid-June saw the Cardano narrative strengthen with plans for full integration into the XRP ecosystem—an interoperability step aimed at strengthening cross-chain liquidity.

Late June added further optimism as Coinbase unveiled cbADA, a wrapped version of ADA on Base, enabling Cardano holders to participate in dApps within the Coinbase ecosystem.

While these fundamentals signal long-term adoption and increased utility for ADA, CoinGlass data shows that they have done little as a catalyst for Cardano price moves.

Net spot market outflows totalled $182.1 million for the four weeks of June, the brunt of which occurred alongside the XRP and Coinbase announcements.

This pattern of outflows stretching back to February could soon reach its boiling point as the percentage of ADA supply in profit fell anothe 27% over June, according to Santiment data.

46% of hodlers now grapple with unrealised losses, creating further downside risk as steady outflows continue to erode conviction among bulls.

Cardano Price Analysis – Is it Time to Sell?

While fundamental catalysts fail to catch on, early bullishness is creeping into the daily chart with the breakout of a triple bottom pattern feeding into a much larger move.

The consolidation range formed between $0.60 and the accumulation zone above the lower support of an 8-month descending triangle around $0.51 has broken out in a triple bottom.

With the neckline cleared, the Cardano price targets its last local top around $0.73.

Crucially, this would clear the key $0.65 threshold for a breakout of the triangle, opening the path to a wider move towards $1.44—a potential 137% gain from current levels.

Momentum indicators support this outlook. The RSI has kicked off July in a sharp uptrend, hovering just below the neutral 50 line at 49, flirting with bullish territory.

The MACD line reads similarly, widening its gap above the signal line after a recent golden cross—often an early sign that a new short-term uptrend is taking shape.

If buying pressure continues and the triple bottom plays out, July could mark the beginning of a long-awaited reversal for ADA.

If the $0.60 neckline fails to hold, Cardano risks invalidating the current bullish setup. A breakdown from the triangle eyes key support level at the 2024 U.S. election market bottom around $0.31.

This Under-the-Radar Narrative Could Shape the Next Bull Market Winners

The last bull run collapsed when the now-bankrupt exchange giant FTX was exposed for misusing customer funds—the narrative of the next bull run will have an emphasis on security and self-storage.

Best Wallet ($BEST) aims to fill this gap as the next-generation self-custody solution, bringing a robust set of features to challenge the dominance of MetaMask and Phantom.

But it’s more than just a wallet. It introduces innovative tools like “Upcoming Tokens”—a crypto screener that helps users spot early opportunities while they still fly under most investors’ radar.

This utility extends to TradFi with Best Card—replacing the traditional debit card—allowing seamless real-world transactions using stablecoins anywhere that Mastercard is accepted.

Best Wallet is already making waves, raising over $13.6 million in the presale for its new $BEST utility token. Its app is already featured on Google Play and the App Store.

This vision has already attracted over $13.6 million in initial funding for its $BEST utility token, Its app is already featured on Google Play and the App Store.

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