Cardano (ADA) has remained unaffected by the recent market decline, with whales dumping millions of ADA tokens onto exchanges instead of purchasing them during the dip. Despite this substantial sell-off, ADA has held its support and could potentially see a 50% increase to reach $1.12 in the future, with mild resistance expected near the $0.83 level. Intraday traders are optimistic, with many betting on the long side. There are major liquidation areas at $0.738 and $0.703 where bulls are over-leveraged, and a key level at $0.781 where short sellers are over-leveraged. Overall, experts, recent price action, and on-chain metrics suggest that bulls are present in the market and could support ADA's future gains.



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