Cardano holds above the 50-day MA as whales sell 50M ADA. Charts suggest a possible breakout toward key resistance.
Cardano continued to show resilience as its price held near key support levels despite pressure from large holders. Market watchers turned attention to technical signals suggesting a possible breakout from recent consolidation.
Whales Sell Large Amounts While ADA Holds Above Support
A recent post by crypto analyst Sssebi noted that ADA dominance retested the 50-day moving average and consolidated just above it. He suggested that this structure could be forming a setup for a major move, describing the current market phase as the silence before the storm.
$ADA dominance chart looking bullish.
Came back to retest to 50Day MA and is consolidating just above it.
This is a formation that is preparing a major move for $ADA.
THE SILENCE BEFORE THE STORM https://t.co/q6Z76kIzhO pic.twitter.com/9HNos9B5kF
— Sssebi🦁 (@Av_Sebastian) September 7, 2025
Data shows that Cardano whales sold around 50 million ADA within 48 hours while the coin traded close to 0.8176. Despite this large sale, ADA maintained a steady position above 0.80 support, which was tested several times in recent weeks.
Market capitalization for Cardano stands near 29.95 billion, ranking it tenth among digital assets by size. Trading volume slowed to 627.8 million over the past 24 hours, reflecting caution from traders.
Analysts noted that the price managed to remain stable even with heavy selling from large addresses. Some described this behavior as encouraging since key support held firm during increased supply pressure.
Technical Setup Points to ADA Breakout Potential
Technical analysis showed the 50-day moving average around 0.83 while the 200-day moving average sat near 0.73. Both averages suggested an upward trend in the longer term despite short-term volatility.
Resistance was seen between 0.84 and 0.86, with analysts noting that a close above this range could open a move toward 0.90. However, failure to clear the zone could keep the coin trading sideways or pull it back toward lower levels.
Chart patterns also suggested a falling wedge structure forming since mid-August, with ADA testing its upper trendline. A breakout above the 200-period EMA at 0.8335 would confirm the move and possibly target the R1 pivot level near 0.8913.
Momentum indicators sent mixed signals as the Moving Average Convergence Divergence approached a bullish crossover while the Relative Strength Index stood at 52. Yet, the presence of a Death Cross on shorter timeframes continued to warn of potential weakness.
Analysts Discuss Parabolic Potential and Next Triggers
Some analysts argued that Cardano could be entering a parabolic phase as the price stayed steady despite heavy whale selling. Futures market data showed open interest above 1.57 billion, suggesting traders remained active and held positions with confidence.
Others cautioned that the resistance zone near 0.84 to 0.86 must be cleared for any stronger rally to develop. Without this breakout, they said ADA could remain in its current consolidation phase rather than entering an accelerated uptrend.
Short-term charts suggested a possible retest of wedge support near 0.7788 if the price failed to confirm a breakout. This level was seen as the downside risk that traders would monitor in the coming sessions.
For now, ADA maintained its footing above the 50-day moving average, signaling strength despite recent selling. Market attention stayed fixed on whether Cardano could break through near-term resistance and shift momentum upward.
