🚨🚨🚨 67,810,471 #ADA (54,317,195 USD) transferred from #Coinbase to unknown wallet https://t.co/EnsaOVCqgM
— Whale Alert (@whale_alert) September 30, 2025
Price Support at $0.79 Remains Key
At the same time, the Cardano price action remains under pressure as it battles to maintain support at the $0.79 level. This is a very vital price zone that has been acting as a critical support level, which is being fought by ADA bulls. Once this support is breached, traders are now looking at the 0.75 level of the market as a secondary level of possible support.
Resistance is seen at the $0.87 level, which would need to be surpassed for a shift to a more bullish sentiment. The nearest possible targets in the event of a break above the year‑end price of $0.87 would be $0.92 and possibly $1, at least considering the overall market sentiment and the price movement of ADA.
RSI Indicator Reflects Bearish Sentiment
Adding to the bearish outlook, the Relative Strength Index (RSI) for ADA is currently at 41.67, indicating that the asset is nearing oversold territory.
Worth noting, however, that the RSI is not yet in the extreme oversold category (under 30), and thus there may still be room to the downside of the ADA in the short term.
However, the whale activity and large transactions suggest that some investors are positioning themselves for a longer‑term hold despite the short‑term volatility.