Thursday, July 3, 2025
Daily Crypto Post
  • Home
  • News
    • Altcoins News
    • Cryptocurrency News
  • Market
    • Price Analysis
  • About
  • Contact
No Result
View All Result
  • Home
  • News
    • Altcoins News
    • Cryptocurrency News
  • Market
    • Price Analysis
  • About
  • Contact
No Result
View All Result
Daily Crypto Post
No Result
View All Result

ADA Price Prediction for May 13: Can Cardano Bounce Back

Munene Timothy by Munene Timothy
May 12, 2025
in Binance Feed, Market, News, Price Analysis
Reading Time: 4 mins read
ADA Price Prediction for May 13 Can Cardano Bounce Back
Share on FacebookShare on TwitterShare on RedditShare on Telegram
  • ADA’s RSI at 67.20 and MACD crossover signal strong momentum but nearing overbought level may pose short term risks.
  • Sustained exchange outflows suggest accumulation by large holders, reducing sell pressure and supporting ADA’s price uptrend.
  • Inclusion in Grayscale’s fund and use in real world asset security highlight rising institutional interest in Cardano.

Cardano (ADA) has shown renewed strength as trading activity and technical indicators align with rising price momentum. The asset has surpassed the $0.80 resistance level, supported by a consistent trend of higher lows that began in early April. 

According to market commentator Lucid, Cardano may be nearing a key growth phase following its selection as a smart contract platform for securing digital commodities and real world assets. This, he noted, is the biggest inflection point on the ADA chart since 2021. Lucid also emphasized a possible supply shock and re-evaluation of ADA’s role in the crypto ecosystem.

Related articles

$105K Bitcoin Bet Surges to 92% Confidence Even as On-Chain Data Flashes Red

Bitcoin Futures Show Signs of Life as Open Interest Climbs 5%

July 3, 2025
XRP Faces Price Struggles as Wallet Creation Falls and Exchange Outflows Dominate, Is $3 Level Far-fetched

XRP price prediction for July 04: Will $2.30 Be the Next Breakout Level?

July 3, 2025

Cardano is about to Skyrocket!🚨$ADA is undergoing a Complete Re-evaluation after becoming the chosen Smart Contract platform for Securing Trillion dollar Digital Commodities & RWAs!

This is the Biggest Inflection Point on the $ADA chart since 2021!

SUPPLY SHOCK!⚡$ADA 👑

— Lucid (@LucidCiC) May 11, 2025

ADA’s Strong Momentum, Yet Short Term Risk Remains

Key indicators show strong bullish behavior as ADA approaches critical levels. The 14 day RSI is at 67.20, rising from a moving average of 57.77. This value nears the overbought level of 70, pointing to increased buying interest but also a potential for short term exhaustion.

ADA/USDT daily price chart, Source: TradingView

Further supporting the uptrend, the MACD line of 0.0351 is above the signal line at 0.0203, with a positive histogram at 0.0147. These figures indicate a bullish crossover and strong momentum continuation. Volume supports this view. 

With trading volume at 82.61 million ADA, investor interest is rising, especially after the breakout above $0.80. If ADA holds above this level, the next possible target is between $0.88 and $0.90. However, if profit taking pressures emerge, the price may revisit the $0.75 to $0.77 support zone.

Outflow Data Indicates Accumulation 

Another factor influencing ADA’s momentum is the sustained trend of negative netflows. According to on-chain data, consistent outflows ranging from -$10 million to -$30 million per day have persisted since November 2024.

ADA Spot Inflow/Outflow chart, Source: Coinglass

Notably, May 9 and 10 recorded strong outflows, coinciding with a sharp ADA price increase from $0.60 to nearly $0.90. This pattern suggests accumulation, possibly by large holders moving assets off exchanges, which reduces immediate sell pressure on the spot market.

The price movement has followed this behavior. Past outflows in mid November and late March also aligned with rallies, while inflows often preceded corrections.

New Institutional Interest Aligns with Price Action

Cardano’s recent inclusion in the Grayscale Digital Large Cap Fund supports its current momentum. Grayscale ranked ADA fourth among its top ten crypto assets by one week gains. This aligns with Lucid’s statement that ADA is undergoing a fundamental change in valuation.

The combined effect of increased institutional presence, strong technical indicators, and sustained negative netflows shows a notable trend. On May 13, price movement may test higher levels near $0.92 to $0.95. However, inflows or declining volume could lead to short term weakness back toward $0.78 to $0.80.

Tags: Cardano (ADA) NewsPrice Analysis

Related Posts

$105K Bitcoin Bet Surges to 92% Confidence Even as On-Chain Data Flashes Red

Bitcoin Futures Show Signs of Life as Open Interest Climbs 5%

by Veronicah Peninah
July 3, 2025

Bitcoin futures open interest rose 5% after a -9% dip, showing cautious reentry into leveraged positions. Price trades near $109,366,...

XRP Faces Price Struggles as Wallet Creation Falls and Exchange Outflows Dominate, Is $3 Level Far-fetched

XRP price prediction for July 04: Will $2.30 Be the Next Breakout Level?

by Jonathan Carls
July 3, 2025

XRP’s bullish momentum strengthens as price breaks above $2.28 with rising volume. Technical indicators signal room for growth as RSI...

XRP Price Prediction Update Unlock Pressure, Support Holding, and Potential Price Scenarios

XRP Price Prediction Update: Unlock Pressure, Support Holding, and Potential Price Scenarios

by Munene Timothy
July 2, 2025

XRP holds above $2.00 support despite $1B unlock and persistent outflows, reflecting resilient investor sentiment. RSI at 50.22 and a...

XRP Eyes Breakout Amid ETF Hopes and Market Shifts Despite Volatile First Half of 2025

XRP Eyes Breakout Amid ETF Hopes and Market Shifts Despite Volatile First Half of 2025

by Irene Mukiri
July 2, 2025

XRP rallied above $3 in early 2025, driven by legal clarity and Trump’s win Geopolitical tensions and economic data triggered...

Why Shiba Inu (SHIB) Price Continues to Struggle Despite Short-Term Gains

Why Shiba Inu (SHIB) Price Continues to Struggle Despite Short-Term Gains

by Jonathan Carls
July 2, 2025

Shiba Inu struggles as meme coin market cap drops $12B in just one month Shibarium TVL crashes over 70% since...

Load More

Recent News

  • Bitcoin Futures Show Signs of Life as Open Interest Climbs 5%
  • XRP price prediction for July 04: Will $2.30 Be the Next Breakout Level?
  • XRP Price Prediction Update: Unlock Pressure, Support Holding, and Potential Price Scenarios
  • XRP Eyes Breakout Amid ETF Hopes and Market Shifts Despite Volatile First Half of 2025
  • Why Shiba Inu (SHIB) Price Continues to Struggle Despite Short-Term Gains

Popular News

  • JasmyCoin Sets Bold $17 Price Target by 2026 as User Adoption Surges

    JasmyCoin Sets Bold $17 Price Target by 2026 as User Adoption Surges

    227 shares
    Share 91 Tweet 57
  • Will SHIB’s Utility Tokens Fuel Its Rise Over TON?

    204 shares
    Share 82 Tweet 51
  • Solana: SOL Has Just Reclaimed $7 Billion in DeFi TVL

    231 shares
    Share 92 Tweet 58
  • Over $33M in Token Unlocks Set to Impact Crypto Markets Amid Escalating Global Tensions

    199 shares
    Share 80 Tweet 50
  • Aptos and Filecoin Lead the Next Layer 1 Push — Will They Sustain the Rally?

    195 shares
    Share 78 Tweet 49

Live Crypto News | Bitcoin and Altcoins News & Insights.

Recent News

$105K Bitcoin Bet Surges to 92% Confidence Even as On-Chain Data Flashes Red
Bitcoin Futures Show Signs of Life as Open Interest Climbs 5%
July 3, 2025
XRP Faces Price Struggles as Wallet Creation Falls and Exchange Outflows Dominate, Is $3 Level Far-fetched
XRP price prediction for July 04: Will $2.30 Be the Next Breakout Level?
July 3, 2025
XRP Price Prediction Update Unlock Pressure, Support Holding, and Potential Price Scenarios
XRP Price Prediction Update: Unlock Pressure, Support Holding, and Potential Price Scenarios
July 2, 2025

© Daily Crypto Post. Live Crypto News | Bitcoin and Altcoins News & Insights. All Rights Reserved.

No Result
View All Result
  • Home
  • News
    • Altcoins News
    • Cryptocurrency News
  • Market
    • Price Analysis
  • About
  • Contact