FET price has been in a steep decline, dropping over 40% in the last 30 days and another 20% in the past week. This sharp correction follows the broader weakness in artificial intelligence tokens, with technical indicators pointing to continued bearish momentum.

While mid-sized whales have been selling, larger holders are accumulating, creating uncertainty about whether a bottom is forming. With a rising ADX confirming strong downside pressure and EMA lines maintaining a bearish structure, FET now faces key support and resistance levels that could determine its next major move.

FET Whales Are Sending Mixed Signals

FET whales have shown mixed signals recently. The number of addresses holding between 100,000 and 1,000,000 FET dropped from 404 to 389, while those holding 1,000,000 to 10,000,000 FET increased from 166 to 180.

This suggests that mid-sized holders are selling while larger FET whales are accumulating, leading to a shift in the market.

Tracking whale activity is crucial as their movements often impact price trends. With FET down 15% in the last 24 hours and nearly 50% in the past month, this pattern could indicate either a potential bottom or continued volatility.

If large whales keep buying, confidence in recovery may grow but sustained selling pressure could push prices lower.

FET DMI Shows the Downtrend Is Very Strong

FET’s ADX is currently at 49.4, nearly doubling from 24.8 in just two days. This sharp increase signals that the strength of the current trend is intensifying, reinforcing the ongoing market direction.

Given that FET is in a downtrend, the rising ADX suggests bearish momentum is getting stronger.

ADX measures trend strength, with values above 25 indicating a strong trend and those above 40 signaling an even more powerful move.

Meanwhile, +DI has dropped from 14.5 to 5.7, while -DI has surged from 19.6 to 37.3, peaking at 48.1 earlier. This confirms that sellers are firmly in control, and unless +DI starts rising, FET price could face further downside pressure.

FET Price Prediction: Will FET Reach Its Lowest Levels Since December 2023?

FET’s EMA lines are in a bearish formation, with all short-term lines below the long-term ones. If the current downtrend remains strong, FET could test support at $0.69, and a breakdown below that could lead to $0.59.

If selling pressure persists, the price could drop below $0.50 for the first time since December 2023, threatening its position as one of the most relevant artificial intelligence cryptos in the market.

However, a shift in momentum could push FET price toward resistance at $0.94.

A breakout above this level could see it test $1.11, with further upside potentially bringing it back to $1.34.

Cardano’s (ADA) price has dropped 30% in a month and roughly 18% in the past two weeks. Its market cap has now fallen to $27 billion, reflecting the broader weakness in altcoins.

Technical indicators, including a rising ADX and a bearish Ichimoku Cloud setup, suggest that ADA’s current downtrend is strengthening. With key support at $0.519 and a potential downside of $0.32, ADA needs a strong reversal to reclaim $0.78 and push toward the $1 mark.

Cardano ADX Shows the Current Downtrend Is Very Strong

Cardano ADX has surged to 44, up from just 11.2 three days ago, signaling a sharp increase in trend strength. Since ADX measures the strength of a trend without indicating direction, this jump confirms that ADA’s current price movement is gaining momentum.

Given that ADA is in a downtrend, this rising ADX suggests that bearish pressure is intensifying rather than weakening.

ADX values above 25 indicate a strong trend, while readings above 40 suggest an even more dominant market move.

With ADA’s ADX now at 44, the ongoing downtrend appears well-established, making a reversal less likely unless a significant shift in buying activity occurs. If selling pressure continues, ADA could face further downside, with lower support levels coming into focus.

ADA Ichimoku Cloud Shows a Bearish Scenario

Cardano Ichimoku Cloud setup confirms a strong bearish trend. The price is trading well below the cloud, which is a clear sign of downside momentum. The future cloud is also turning bearish, suggesting that selling pressure is likely to continue.

Additionally, the Tenkan-sen (blue line) remains below the Kijun-sen (red line), reinforcing the short-term bearish outlook.

For ADA to reverse this trend, it would need to break back above the cloud and establish it as support. However, with the Chikou Span (green line) trailing far below the price action and the cloud widening, the bearish momentum remains strong.

Unless buying volume increases significantly, ADA price could struggle to regain key resistance levels and may continue facing downside risk.

ADA Price Prediction: Can Cardano Reclaim $1 This Week?

Cardano price is currently facing resistance at $0.78 and support at $0.519. If the ongoing downtrend persists and ADA loses this support, the next major level to watch is $0.32, which would mark its lowest price since late November 2024.

Given the strong bearish momentum, breaking below $0.519 could accelerate the decline.

However, if the broader altcoin market starts recovering, Cardano could attempt to reclaim $0.78.

A successful breakout above this level could push it toward $0.87, and if the momentum continues, ADA could reach $1, representing a potential 40.8% gain. For this scenario to play out, buying pressure would need to increase significantly.

According to Prime Minister Justin Trudeau, tariffs between the US and Canada have been postponed for 30 days. Bitcoin recovered from its earlier plunge to $92,000, and MicroStrategy’s stock price rebounded 4%

The proposed trade war between the US and its closest neighbors has apparently been resolved (or delayed), but the tariffs against China still stand. This is an active and underreported component of possible future market actions.

Canada and US Halt Tariffs

The threat of US tariffs against Canada, Mexico, and China has played a chaotic role in crypto markets today. Tech stocks were already wobbling due to DeepSeek, but the implementation of tariffs caused a reported $2 billion wipeout. These reports may have underestimated the real damage, which could have gone as high as $10 billion.

Earlier on Monday morning, Bitcoin dipped to $92,000, and crypto-related stocks saw notable liquidations. Notably, MicroStrategy’s MSTR lost 8% following tariff announcements.

However, Mexican President Claudia Sheinbaum reached an agreement with Donald Trump, postponing a possible trade war. According to an announcement from Prime Minister Justin Trudeau, Canada has reached a similar agreement that will pause all tariffs for 30 days.

“I just had a good call with President Trump. Canada is implementing our $1.3 billion border plan — reinforcing the border with new choppers, technology and personnel, enhanced coordination with our American partners, and increased resources to stop the flow of fentanyl. Proposed tariffs will be paused for at least 30 days while we work together,” he said.

In other words, these tariffs have caused substantial trauma to the markets, but Canada and Mexico have already negotiated a deal. This is a particular relief because Canada is well-integrated in the crypto economy and may play an outsized role in crypto values.

Since the agreement, however, all the main “Made in USA” cryptocurrencies have bounced. Bitcoin and XRP, in particular, have mostly recovered from earlier liquidations. At the time of reporting, BTC surged back to $102,000.

Crypto Stocks Bounce Back

MicroStrategy and other Bitcoin mining stocks, such as MARA, have further substantially recovered from earlier losses following Canada’s deal on tariffs.

Earlier today, MicroStrategy surprised the market by breaking its 12-week streak on Bitcoin purchases. Michael Saylor did not directly comment on the reason for this pause, but its stock dropped substantially today.

However, this incident is far from a case of “all’s well that ends well.” Simply put, the US threatened one of its closest allies with major tariffs and severely damaged their working relationship.

That will certainly have consequences. It is unclear how this incident may impact US-Canada trade, but there are several worrying signs. Also, if the tariffs are enforced again after a month, a similar impact on the crypto market could be expected.

Additionally, while Canada and Mexico have negotiated with Trump, China has been quiet. The PRC has clearly demonstrated its recent ability to disrupt the US stock market, as illustrated by DeepSeek. Its response could be pivotal.