Following ADA's recent strength, market focus has shifted to whether institutional funds will continue to support this recovery. Foreign media reports that Cardano-related investment products have recorded net inflows for 16 consecutive months, a performance that coincides with the recent rebound in token prices, prompting renewed market attention to its future trajectory.
Net inflows continued for 16 months
The article states that ADA's recent surge is not merely due to improved short-term sentiment, but more importantly, it reflects continued allocation by professional funds. Unlike rapid rallies driven by retail funds, long-term net inflows into investment products typically indicate that institutional investors are maintaining or increasing their positions.
Foreign media also noted that Cardano recently partnered with blockchain accounting platform Reeve to expand its enterprise-level applications. While a single partnership may not directly drive a day's price increase, it helps strengthen its long-term use narrative.
The $0.18 to $0.20 range will be observed.
From a price structure perspective, ADA recently tested a key resistance area for the year again. The article argues that the $0.15 to $0.16 range had previously received buying support multiple times, forming a relatively clear demand zone and mitigating the previous downward trend.
Based on this, prices have returned above short-term moving averages, and momentum indicators have also improved. Foreign media noted that the next key resistance level is concentrated in the $0.18 to $0.20 range, which coincides with both a downtrend line and a previous supply zone.
Whether or not a breakthrough is achieved will determine the potential for further growth.
If ADA can effectively hold above $0.20 on the daily chart, the article believes this will break the months-long weak structure, and the market may further rise to $0.25, or even test the resistance near $0.31.
However, if it fails to break through the aforementioned area, ADA may continue to consolidate above $0.16, awaiting the next upward move. The core assessment from foreign media is that as long as the major support zone is not breached, the current medium-term recovery expectation remains intact.
