Cardano (ADA) Price Analysis for March 20

Cardano (ADA) sells for $0.7245 at this moment on March 20th 2025. In 24 hours Cardano prices moved slightly up by 0.67% relative to their closing prices from the earlier day. The market activity during this day showcased trading between $0.7169 and $0.7474 which indicated normal price volatility.

Cardano attracts continued market interest with $25.4 billion in value and around $480 million exchanged daily ADA shows strong defensive traits against market gyrations, so both short-term traders and long-term investors find value in it.

Cardano Price Analysis

Cardano remains in a tight $0.69-$0.75 price zone where it plans to strike a significant market shift. The market shows strong support at $0.70 and traders maintain a buy position when the price remains above this level. The first significant support appears at $0.68 while the next major assistance stands at $0.65 where its long-term moving average also intersects.

To show strong upward progress ADA requires its price to move through $0.76. Strong bullish strength can send ADA past $0.76 to reach $0.80 while further push could result in another 12% increase to $0.85.

ADA shows a moderate trading position for buyers and sellers since its current RSI score stands at 56. Next market events will determine ADA price movement forwards.

ADA price movements greatly depend on moving average analysis for market trends. During short-term measurement the 50-day Moving Average at $0.72 provides support whereas the 200-day MA at $0.65 represents significant long-term assistance. Bullish signals appear from the MACD indicator because it crossed its moving averages upward which means that buying pressure is aimed toward market gains.

Whale Accumulation and Market Sentiment

Massive investors bought 50 million ADA tokens during the last two days showing big players are actively building their Cardano stake. Major investors purchase Cardano ahead of market gains because they trust their understanding of market trends.

Major whale buyers in the Cardano network usually drive market price increases before them. Longer-term buying by large investors would increase market confidence and reduce selling to create space for a movement past important technical barriers.

Cardano Price Predictions

When ADA moves through $0.76 with rising buying interest it will likely advance to $0.80 quickly. Continuous bullish trends driven by strong buying push and whale accumulation may raise the price to $0.85 and strengthen the bullish market perspective.

When ADA fails to protect its $0.70 value mark it generates extra selling momentum which pushes the price toward $0.68. The price of ADA usually finds strong support when it reaches $0.65 and stays there. When investor confidence remains low the price may move under $0.65 to start a major downward trend.

Source:TradingView

Short-Term Outlook

Market analysts predict either an increase or decrease in value during these days. Based on CoinCodex projections ADA will lose 5.39% value which would position its price at $0.6916 by March 24, 2025. Technical analysis shows ADA has a good chance to break through resistance at $0.76 within a day and a half from now.

Cardano stands in a state where buyers and sellers both have open opportunities to change its price direction. Investors and traders need to study whale behavior plus market feeling in addition to how ADA handles resistance points to forecast its future direction.

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