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Cryptocurrency News Articles

Cardano (ADA) Price Prediction Leans Cautiously Optimistic as Ethereum's Pectra Upgrade Dominates Headlines

May 09, 2025 at 06:15 am

Cardano is currently trading at $0.7157, posting a 4.45% daily increase, while Bitcoin has surged to $99602, inching closer to the $100K milestone.

In the dynamic realm of cryptocurrency, Cardano (ADA) is encountering headwinds as Ethereum’s recent Pectra upgrade sends ripples through competing Layer 1 ecosystems. With the focus on the near-term implications for altcoins like ADA and $TICS, analysts are adjusting their outlook.

Past Ethereum upgrades have often been closely followed by pullbacks in ADA, raising concerns about the short-term potential for the asset. However, the Cardano price prediction remains cautiously optimistic due to a buildup in on-chain activity.

As the market shifts focus to emerging platforms offering more utility-driven growth, Qubetics is standing out with its structured Web3 solution. The project's non-custodial, multi-chain wallet and seamless integration with traditional and digital finance tools are quickly gaining attention.

Currently in Stage 33 of its presale, it has already raised over $16.7 million and is being recognized as one of the best crypto presales for those seeking substantial gains.

Technical Landscape: Can ADA Break Above Resistance or Revert to Lower Zones?

From a technical perspective, ADA is attempting to solidify its gains above short-term resistance. The asset recently broke past a descending trendline that had capped growth since late April.

Now trading at $0.7157, Cardano is comfortably above its 50-period Exponential Moving Average (EMA), which is now pivoting around the $0.677 mark. This EMA has become a crucial level to watch. If ADA manages to stay above it, the Cardano price prediction leans toward a retest of the $0.730-$0.740 range in the near term.

Momentum indicators, such as the MACD, are also tilting bullishly. Price action has printed higher lows over the past week, forming a foundation that could sustain further upside, assuming broader market sentiment holds.

Traders focused on breakout confirmation may be setting their sights on the $0.720-$0.730 zone as the next major inflection area. However, should the price slip back below $0.690 and fail to reclaim support at $0.677, Cardano may revisit deeper levels, with $0.666 and even $0.643 acting as historical safety nets. In such a scenario, the Cardano price prediction would shift toward caution.

On-Chain Pressure: Whale Exodus and Liquidation Zones Remain a Threat

While the chart structure is showing improvement, some on-chain signals remain a cause for concern. Cardano has seen a marked drop in large wallet activity, with whale transactions reportedly decreasing by over 83% in recent sessions.

This decline could be interpreted as a lack of confidence from deep-pocket holders, which, in volatile conditions, could quickly translate into a loss of confidence among retail traders.

Furthermore, there is the looming threat of liquidation pressure. If ADA were to breach the lower support band around $0.666, it could trigger an automatic sell-off cascade, as more than $5.4 million in leveraged long positions would be exposed to liquidation.

Such an event could destabilize the recent recovery and pull prices toward the $0.640 zone, if not lower.

Although not a guaranteed outcome, this remains a key factor in any short-term Cardano price prediction models.

Positive Catalysts: Stablecoin Growth Boosts Cardano’s Blockchain Activity

Despite the presence of risks, Cardano is not short on fundamental positives. One of the most promising signals comes from the domain of stablecoin activity.

According to DeFiLlama data, the Cardano blockchain is witnessing a notable increase in stablecoin market cap, which typically serves as an indicator of healthy on-chain liquidity and utility.

This rise in circulating stablecoins could aid ADA in building deeper financial infrastructure and fostering the growth of decentralized finance (DeFi).

Additionally, the circulating supply remains well-controlled at 35.3 billion ADA out of a 45 billion max cap, implying that supply-side inflation is largely contained.

As a result, ADA could experience an increase in demand without significant dilution, which adds another layer of optimism to any mid-term Cardano price prediction.

If stablecoin-driven utility continues to expand, ADA may not only withstand the headwinds posed by Ethereum but also forge its own unique path in the evolving cryptocurrency landscape.

Qubetics Stage 33 Attracts Attention As One Of The Best Crypto Presales For Long-Term Gains

While a large part of the market is focused on established assets, the Qubetics presale is quietly gaining significant momentum. Now in its 33rd stage, Qubetics is priced at $0.2302 for its $TICS tokens.

The presale structure is highly disciplined: each stage spans exactly seven days and concludes every Sunday at 12 AM, leading to a 10% increment in price with each transition.

So far, over $

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