Skip to content
Back to Guavy Wire
Crypto

Cardano Price Holds Above Crucial Level Despite Broad Market Pullback

Instruments
ADA
Share

Cardano's price is staying bullish above $0.2392 as whales continue to buy in, despite retail investors remaining on the sidelines.

The cryptocurrency has been steadily recovering since a sharp reversal in May, with its price now trading near $0.2482 and holding just above its 200-day EMA at $0.2392.

Cardano's founder Charles Hoskinson teased a 'world-changing' project, speculated to be connected to SpaceX, which could potentially support the cryptocurrency's price growth.

Hoskinson's comments came as Cardano marked its ninth birthday with zero recorded downtime since its genesis block in 2017.

More on Crypto

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc