{"id":3058,"date":"2025-04-09T17:14:54","date_gmt":"2025-04-09T16:14:54","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=3058"},"modified":"2025-04-09T17:14:55","modified_gmt":"2025-04-09T16:14:55","slug":"cardano-ada-price-continue-to-decline-today","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/cardano-ada-price-continue-to-decline-today\/","title":{"rendered":"Will Cardano (ADA) Price Continue to Decline Today ?"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"ada-price-technical-analysis\">ADA Price Technical Analysis<\/h2>\n\n\n\n<p><em>CoinMarketCap<\/em> data reveals that <strong>Cardano (ADA)<\/strong> has lost over <strong>24%<\/strong> of its value over the past month. Following this significant drop, the asset has lost its grip on a key <strong>support level<\/strong> at <strong>$0.64<\/strong>, a level that has historically triggered price reversals and <a href=\"https:\/\/investx.fr\/en\/crypto-news\/top-3-altcoins-buy-market-rebound\/\">rebounds<\/a>.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"1024\" height=\"448\" src=\"https:\/\/investx.fr\/en\/wp-content\/uploads\/sites\/5\/2025\/04\/analyse-prix-ada-1024x448-1.jpg\" alt=\"ADA Technical Analyst\" class=\"wp-image-3065\" srcset=\"https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/04\/analyse-prix-ada-1024x448-1.jpg 1024w, https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/04\/analyse-prix-ada-1024x448-1-300x131.jpg 300w, https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/04\/analyse-prix-ada-1024x448-1-768x336.jpg 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: TradingView<\/figcaption><\/figure>\n<\/div>\n\n\n<p>According to Coinpedia&#8217;s technical analysis, ADA is poised to continue its <strong>bearish momentum<\/strong>, having managed to close a daily candle below the <strong>key support level<\/strong>. Additionally, the asset has also retested this breakout level. On a shorter timeframe (4-hour chart), ADA appears to be moving in an <strong>upward trend<\/strong>, supported by an ascending trendline.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"cardano-price-predictions\">Cardano Price Predictions<\/h2>\n\n\n\n<p>Considering recent price action and historical dynamics, if <a href=\"https:\/\/investx.fr\/en\/crypto-news\/cardano-ada-price-stuck-whats-holding\/\">ADA <\/a>continues to decline and closes a 4-hour candle below the trendline support, it is highly likely to <strong>drop by 20%<\/strong> to reach the <strong>$0.43<\/strong> level in the coming days.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"1024\" height=\"448\" src=\"https:\/\/investx.fr\/en\/wp-content\/uploads\/sites\/5\/2025\/04\/prevision-prix-ada-1024x448-1.jpg\" alt=\"ADA Price Forecast\" class=\"wp-image-3067\" srcset=\"https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/04\/prevision-prix-ada-1024x448-1.jpg 1024w, https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/04\/prevision-prix-ada-1024x448-1-300x131.jpg 300w, https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/04\/prevision-prix-ada-1024x448-1-768x336.jpg 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: TradingView<\/figcaption><\/figure>\n<\/div>\n\n\n<p>Currently, ADA is trading below the 200-day Exponential Moving Average (EMA) on both the 4-hour and daily charts. This indicates that the asset is in a strong <strong>bearish momentum<\/strong> and shows price action weakness. However, in such conditions, investors and <a href=\"https:\/\/investx.fr\/en\/trading\/\">traders<\/a> often look for an upward bounce as a short-selling opportunity.<\/p>\n\n\n\n<p>ADA is currently trading near <strong>$0.575<\/strong> and has recorded a price decrease of over 2% in the last 24 hours. During the same period, its trading volume has dropped by <strong>15%<\/strong>, indicating lower trader and investor participation compared to the previous day.<\/p>\n\n\n\n<p>Furthermore, according to on-chain analysis firm <em>Coinglass<\/em>, traders appear to be heavily betting on the bearish side, with <strong>$16.40 million in short positions<\/strong>. This trader positioning reflects their current view of ADA, which seems bearish. With $16.40 million in short positions, it is highly likely that this will exert <strong>downward pressure<\/strong> on ADA in the days ahead.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/bonus.bitget.com\/SEO\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Buy ADA today via Bitget and receive your bonus ! <\/a><\/div>\n<\/div>\n\n\n\n<p><strong>More on this topic :<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/investx.fr\/en\/crypto-news\/trumps-trade-war-china-impact-cryptocurrencies-again\/\">How Trump\u2019s trade war with China could impact cryptocurrencies again<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/investx.fr\/en\/crypto-news\/libra-investigation-memecoin-triggered-crisis-argentina\/\">LIBRA Investigation : how a memecoin triggered a crisis in Argentina<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/investx.fr\/en\/trading\/cfd\/\">What Is a CFD? How It Works, Risks and Strategies in 2025<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Amidst the turbulent crypto market, Cardano (ADA) stands out as a particularly intriguing asset for savvy investors to watch closely.<\/p>\n","protected":false},"author":40,"featured_media":3055,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","faq_titre":"","questions_frequentes":"","custom_permalink":""},"categories":[10],"tags":[],"class_list":["post-3058","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Will Cardano (ADA) Price keep falling today ?<\/title>\n<meta name=\"description\" content=\"Uncover Cardano (ADA) price analysis and insights on recent movements. 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