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Cryptocurrency News Articles

Cardano Price Eyes $4 but Faces Whale Selling Pressure

May 22, 2025 at 11:56 pm

Cardano is trading around $0.63 and finding it difficult to break above the $0.65 resistance level.

Cardano Price Eyes $4 but Faces Whale Selling Pressure

Volatility may be making a comeback in the crypto market, but investor focus is shifting toward projects offering real substance. Cardano is drawing attention with a bold $4 price target, although recent whale selloffs are raising questions about short-term strength.

Kaspa is also back on the radar as it attempts to recover key Fibonacci levels after recent price pressure. Analysts see potential if bullish patterns can hold, but its next move remains tied to broader market dynamics.

Emerging with a different kind of crypto opportunity is Cold Wallet ($CWT). Priced at just $0.00788 and offering a confirmed 50x ROI at a launch price of $0.351, $CWT is combining a high-return window with a foundation of compliance readiness and user privacy. Its roadmap is built around meeting real user demand, making it one of the most strategic early-stage entries available right now.

Cardano Price Eyes $4 But Faces Massive Whale Selling Pressure

Cardano is trading around $0.63 and finding it difficult to break above the $0.65 resistance level. However, analysts remain optimistic, drawing comparisons to ADA’s 2020 pre-breakout pattern, which saw limited upside before a sudden surge that took the token to over $1.2.

Those comparing the charts believe that technical signs of accumulation and long-term expansion cycles are setting up for another leg up. Some forecasts are already calling for a potential run toward $4, fueled by a confluence of bullish signals.

However, recent on-chain data is raising concerns. A large sell-off involving 180 million ADA has triggered bearish sentiment among traders, who believe that the move may stall any attempt to break out of the current trading range.

Moreover, momentum appears weak without stronger volume. A symmetrical triangle pattern on the daily chart suggests that a major move is coming, but timing that breakout may now be more uncertain.

Those hoping for a rally toward $4 will be watching closely for signs of buying pressure, especially as whale activity and overall market trends will ultimately determine the direction of the next price move.

Kaspa Reclaims Key Fib Support As Bulls Target $0.22

Kaspa is attempting to bounce back after slipping below its critical 61.8% Fibonacci retracement level. The token has since stabilized around $0.086, a key psychological support point that could be pivotal in determining the next move.

If the bulls can manage to push Kaspa back above the 61.8% Fib at $0.101, it could open the door for a return to its projected 2025 price range of $0.065 to $0.222. A sustained move above the 50% Fib at $0.076 has already signaled a potential shift in momentum.

Furthermore, if bullish sentiment builds and volume surges, there might even be a chance to reach a stretch target as high as the 38.2% Fib at $0.409. However, this scenario appears less likely at present.

Technical signals are aligning to suggest that Kaspa could be setting up for a move up. A bullish ABCD pattern is forming, and holding above the $0.1 level would be a key indicator of continued strength.

Kaspa is also attempting a W-shaped reversal, a setup that is often followed by a sharp upside move. This pattern usually occurs when a security trades down to a new low, pulls back, and then continues down again to test the previous low.

The next few weeks will be critical as the market watches for sustained buying pressure and a break above key resistance levels, which could indicate that a new uptrend is emerging.

Cold Wallet Stage 7: The Privacy Ecosystem Built For Real Users

While Cardano is approaching a technical breakout and Kaspa attempts to reclaim Fibonacci support, another project is emerging with a different kind of opportunity.

Priced at just $0.00788 during its stage 7 presale and offering a confirmed launch price of $0.351, Cold Wallet provides a 50x ROI window that is grounded in utility, not speculation.

Its foundation is a legally compliant framework, ensuring seamless integration with existing financial institutions and legal structures. This minimizes risk and maximizes the potential for widespread adoption.

Primarily focused on user privacy, Cold Wallet eliminates IP tracking, behavioral data analysis, and on-chain profiling techniques used by third parties to surveil and exploit user data.

Instead, it leverages zero-knowledge proofs to deliver stealth transactions, rendering the amounts and recipients of crypto transfers invisible to third-party scanners and analytics firms.

This also extends to balance visibility, enabling users to control who can view their account balances and portfolio compositions, safeguarding against financial analysis and profiling attempts.

Furthermore, Cold Wallet offers identity-free authentication, allowing users to interact with dApps and

Original source:crypto-reporter

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