-4.29% for ADA — bearish signals and outages fuel decline

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Cardano slides 4.29% today

Highlights

Cardano experienced technical disruptions as node operators reported mainnet block production stoppages due to outdated software, causing temporary operational issues.
Upbit, a major South Korean exchange, suspended all ADA deposits and withdrawals following these mainnet concerns and advised customers to track ongoing updates.
During this period, large ADA holders sold approximately 370 million tokens while other major investors acquired over 348 million ADA, signaling divergent investor responses.

Network disruptions and opposing whale trades drive volatility

Cardano has faced notable technical disruptions, with node operators reporting block production stoppages due to outdated software that led to temporary network operational issues. Major South Korean exchange Upbit suspended all ADA deposits and withdrawals following mainnet concerns and advised customers to monitor updates. Large ADA holders sold approximately 370 million tokens during this period, while some major investors acquired over 348 million ADA, reflecting contrasting investor behavior.

Bearish momentum intensifies amid broken supports and oversold signals

The nearest dynamic resistance is at the Ichimoku Kijun level of $0.541, with no long-term support seen before the $0.398–$0.400 area. Momentum indicators on the daily chart signal strong bearishness, with MACD and ADX both in solid sell mode, while RSI (24.5), Stoch RSI (0.0), and CCI (–174) all register deep oversold conditions. Bull/Bear Power is negative and forecasts continued seller dominance, a view supported by a selling reading from the Awesome Oscillator.

Further downside risk as sideways action dominates short-term outlook

For the next five trading days, ADA is expected to fluctuate between $0.370 and $0.418. There is a very low probability (less than 20%) of a sustained price increase, while further declines remain much more likely. In the baseline scenario, ADA holds within a sideways corridor, potentially consolidating from $0.398 to $0.418. The bullish case would require a breakout above $0.418 and the $0.541 Kijun resistance, but prevailing technical signals do not support this move. The bearish scenario sees ADA breaking below $0.398, opening the way to test the $0.370–$0.380 range as downside momentum prevails.

Anton Kharitonov, expert at Traders Union, sees Cardano locked in a clear bearish trend across all timeframes. He notes that technical issues and large-scale token movements have further weakened investor sentiment. With indicators signaling strong downside momentum, there is little support above the $0.370–$0.380 range. "Until ADA breaks back above $0.418 with conviction, I remain defensive and see rallies as opportunities to reduce risk."

Previously, it was reported that 21Shares expanded its crypto ETP offering to include Cardano on Nasdaq Stockholm in order to meet strong investor demand in the Nordic region. Last time we reported that the expansion aims to meet strong demand from Nordic investors as detailed in the original coverage.

Source of Data: ADA Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.