Analysts Caution Cardano (ADA) May Drop Further Before $1 Rebound After 12% Dip
Cardano (ADA) fell roughly 27% this week, slipping below the $0.66 support as risk-off flows hit crypto. Bitcoin’s slide toward $104,000 and softer altcoin liquidity magnified downside, and on-chain data shows large holders leaning defensive. Related Reading: Is BlackRock About To Go Public With Ripple And XRP? Here’s What We Know Whale Flows Split as ADA Loses Support Santiment-tracked wallets holding 1–10 million ADA offloaded about 40 million ADA over seven days, while broader whale distribution reportedly reached 350 million ADA, pressuring price. other big wallets accumulated 140–200....
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Cardano (ADA) has staged an impressive rebound, posting an 8% monthly gain as traders eye its next major move. At the time of writing, ADA trades at $0.887, testing a key resistance zone between $0.88 and $0.90. Related Reading: XRP Price Confirms Descending Trendline Breakout, Here Are The Targets Analysts note that Cardano has been […]
Quick Facts: ➡️ It’s been a rough month for Cardano as it slipped by 37% in the last 30 days—but a recovery could be right around the corner. ➡️ A crypto analyst saw a TD sequential pattern, which could potentially signal a rebound for $ADA. ➡️ If this movement reflects a wider trend in the […]
Following the United States Consumer Price Index (CPI) data release, Bitcoin‘s price witnessed a rebound to the $98,000 level, raising investors’ hopes once again. However, this rebound was brief as BTC’s price began to drop a few hours after the upward move. As prices see bearish movements, crypto analysts believe that the drop could extend […]
In the past day, Cardano (ADA) has seen a 14% retrace amid the crypto market’s pullback. The cryptocurrency recently saw its price lose the $1 mark, descending below $0.90 on Monday morning. Despite the drop, some market watchers shared a positive outlook for ADA, asserting that a rebound to $1.30 could be around the corner. Related Reading: XRP Price To $5.85: Analyst Reveals Why The New Week Will Be ‘Dynamic’ Cardano Holds Key Higher Timeframe Support Cardano, alongside the rest of the market, ended the week with a Sunday bleeding, registering seven consecutive red candles yesterday....
Cardano has entered a difficult phase as selling pressure intensifies across the crypto market. The price of ADA has fallen below the $0.60 level, a critical threshold that previously acted as both support and a psychological anchor for traders. With this breakdown, bullish momentum has faded, and the asset now faces mounting resistance amid a broader market downturn dominated by caution and fear. Related Reading: Bitcoin OI Suffers Deepest Drop Of The Cycle: $10B Leverage Wipeout Leaves Traders Cautious Market sentiment toward Cardano has turned notably bearish, reflecting growing....