Cardano Bulls Eye $0.18 Amid Growing Whales and Market Momentum

Cardano's price has been recovering after pulling back to the Fibonacci golden zone between $0.14 and $0.1567, where buyers have started stepping in again.

The correction has done little to damage the broader uptrend, with price beginning to stabilize around $0.164 at press time.

Larger investors, known as whales, are increasing their participation in both the spot and futures markets, suggesting confidence beyond a short-term bounce.

Whales' accumulation of more Cardano across both markets often signals long-term investment, not just a temporary rebound.