Cardano price jumps 22% as whales add 240M ADA

Cardano price rallied as high as $0.190 after whales accumulated 240 million ADA, while a bullish reversal pattern pointed to a possible extension toward $0.208. Summary Cardano whales accumulated more than 240 million ADA over five days, according to Santiment data. ADA climbed about 22% from its July low before pulling back to approximately $0.186. A 4-hour inverse head-and-shoulders pattern carries a potential $0.208 price target. Liquidation clusters near $0.193–$0.195 could attract price if buyers reclaim $0.190. Cardano price trims gains after reaching $0.190 According to data from crypto.news, Cardano (ADA) price traded near $0.186 on Aug. 3 after touching an intraday high of $0.190, extending its recovery from the July 8 low near $0.154. The move left ADA roughly 20% above that floor, although profit-taking emerged after the token tested the upper boundary of its recent trading range. The daily candle was down about 1.4% at the time of the chart snapshot. ADA’s latest advance also pushed it above the Bollinger Bands’ 20-day moving average at $0.1688. The level had contained several recovery attempts during July and may now serve as medium-term support. Cardano price daily c...