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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
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  • 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.

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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

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