Crypto whales have been accumulating Cardano (ADA) recently, indicating a shift in sentiment and potentially signaling a bullish trend for the cryptocurrency. The increase in netflow, which represents the difference between buying and selling by large holders, aligns with ADA's price surge and suggests further gains may be possible. The In/Out of Money Around Price (IOMAP) indicator also supports this outlook, showing strong support levels and less resistance. The daily chart indicates a bullish trend, with ADA's price above key Exponential Moving Averages (EMAs). However, if whales decide to sell and book profits, the price could drop to $0.68.



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