Cardano (ADA) is currently facing a critical moment in its price action as whales are selling off large amounts of the cryptocurrency, putting pressure on prices to stay below $0.70. Analysts predict that a break above $0.72 could lead to significant growth towards potential targets of $1.24. 8,5% decrease this week despite small gains in recent days with market cap at $24.5 billion and daily trading volume exceeding $620 million. Resistance is being met near the $0.72 level. Previous price breaks have stalled near major resistance levels since December 2023. Analyst Dan Gambardello says that ADA’s current position is a technical crossroads. He highlights a key resistance range of around $0.72 to $1.24 as a significant hurdle for potential buyers.