Market
Cardano (ADA) Dips 20% After Weekend Rally, Tests Key Support

Cardano (ADA) surged 60% yesterday after Donald Trump announced that ADA would be included in the US crypto reserve, pushing its price above $1.10. This massive rally fueled strong bullish momentum, with key indicators such as BBTrend and DMI confirming the strength of the uptrend.
However, the excitement appears to be fading, as ADA has since corrected below $1, with technical signals suggesting that selling pressure is increasing. As traders assess whether ADA can sustain its gains or enter a deeper retracement, key support and resistance levels will be crucial in determining the next move.
Cardano BBTrend Shows the Selling Pressure Is Getting Stronger
Cardano experienced a strong price surge after being officially included in the US crypto reserve. This sudden increase in demand pushed ADA’s BBTrend indicator from a deeply negative -14.5 to 7.1 within a few hours, signaling a shift in momentum.
The BBTrend, a volatility and trend-following indicator derived from Bollinger Bands, helps traders gauge the strength and direction of price movements.
When the BBTrend crosses above zero, it suggests a bullish trend, while a reading below zero indicates bearish momentum. Extreme values, such as below -10 or above 10, typically signal overextended moves that may soon correct.

Following its peak at 7.1, ADA’s BBTrend has since reversed, plunging back to -13.4, suggesting that the initial excitement surrounding its inclusion in the US crypto reserve has faded.
Such a rapid decline indicates that bullish momentum has weakened significantly, and ADA could now be facing a period of retracement or consolidation.
A BBTrend reading this low typically aligns with strong selling pressure, which could mean further downside unless fresh buying interest emerges. If ADA fails to hold key support levels, its price may continue to slide, though a reversal in BBTrend back toward neutral territory would indicate stabilization.
ADA DMI Shows That Buyers Are Still In Control
Cardano has seen a significant increase in trend strength, as reflected in its Directional Movement Index (DMI). The Average Directional Index (ADX), which measures the strength of a trend, has surged from 28.3 to 43.7 following the announcement of ADA’s inclusion in the US crypto reserve.
A rising ADX above 25 suggests that a trend is gaining strength, while values above 40 typically indicate a strong and sustained movement, whether bullish or bearish.
The ADX does not indicate trend direction but rather its intensity, making it a key metric for assessing whether a move has the potential to continue or weaken.

Alongside this, ADA’s +DI (positive directional index) has dropped from its high of 66.5 yesterday to 41, signaling that bullish momentum has cooled off. Meanwhile, the -DI (negative directional index) has climbed from 4.7 to 14.1, showing that sellers are starting to push back.
The combination of a high ADX with a falling +DI and rising -DI suggests that while the trend remains strong, bullish dominance is fading, and selling pressure is increasing. If this trend continues, ADA could face a deeper retracement or a shift toward consolidation unless buyers regain control.
Cardano Could Fall Below $0.80 Soon
Yesterday, Cardano’s price surged by a massive 60% following its inclusion in the US crypto reserve, propelling it above $1.10.
However, a correction has taken place in the last few hours, bringing ADA back to the $1 level as the initial buying frenzy fades.
The technical indicators DMI and BBTrend suggest that the uptrend may be losing momentum, raising the possibility of a deeper retracement. If ADA fails to maintain its current levels and selling pressure intensifies, it could test the $0.90 support level.

A breakdown below this could open the door for further declines to $0.81 and $0.65, with a strong downtrend potentially driving ADA as low as $0.50.
On the other hand, if bullish momentum reignites, Cardano price could make another push higher, testing the $1.16 resistance level.
A breakout above this zone would indicate renewed strength, potentially driving the price up to $1.32, which would mark its highest level since early December 2024.
Whether ADA sustains its upward trajectory or continues its pullback will depend on how traders react to the recent price surge and whether fresh buying interest can outweigh the emerging selling pressure.
Disclaimer
In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
Market
Cardano (ADA) Downtrend Deepens—Is a Rebound Possible?
Cardano price started a recovery wave above the $0.680 zone but failed. ADA is consolidating near $0.650 and remains at risk of more losses.
- ADA price failed to recover above the $0.70 resistance zone.
- The price is trading below $0.680 and the 100-hourly simple moving average.
- There was a break below a connecting bullish trend line with support at $0.6720 on the hourly chart of the ADA/USD pair (data source from Kraken).
- The pair could start another increase if it clears the $0.70 resistance zone.
Cardano Price Dips Again
In the past few days, Cardano saw a recovery wave from the $0.6350 zone, like Bitcoin and Ethereum. ADA was able to climb above the $0.680 and $0.6880 resistance levels.
However, the bears were active above the $0.70 zone. A high was formed at $0.7090 and the price corrected most gains. There was a move below the $0.650 level. Besides, there was a break below a connecting bullish trend line with support at $0.6720 on the hourly chart of the ADA/USD pair.
A low was formed at $0.6356 and the price is now consolidating losses near the 23.6% Fib retracement level of the recent decline from the $0.7090 swing high to the $0.6356 low. Cardano price is now trading below $0.680 and the 100-hourly simple moving average.
On the upside, the price might face resistance near the $0.6720 zone or the 50% Fib retracement level of the recent decline from the $0.7090 swing high to the $0.6356 low. The first resistance is near $0.6950. The next key resistance might be $0.700.
If there is a close above the $0.70 resistance, the price could start a strong rally. In the stated case, the price could rise toward the $0.7420 region. Any more gains might call for a move toward $0.7650 in the near term.
Another Drop in ADA?
If Cardano’s price fails to climb above the $0.6720 resistance level, it could start another decline. Immediate support on the downside is near the $0.6420 level.
The next major support is near the $0.6350 level. A downside break below the $0.6350 level could open the doors for a test of $0.620. The next major support is near the $0.60 level where the bulls might emerge.
Technical Indicators
Hourly MACD – The MACD for ADA/USD is losing momentum in the bearish zone.
Hourly RSI (Relative Strength Index) – The RSI for ADA/USD is now below the 50 level.
Major Support Levels – $0.6420 and $0.6350.
Major Resistance Levels – $0.6720 and $0.7000.
Market
XRP Price Under Pressure—New Lows Signal More Trouble Ahead

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis.
From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation.
As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape.
In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions.
Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he’s trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences.
Aayush’s journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department.
At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he’s poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush’s unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe.
In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.
Market
Bitcoin Price Swings Wildly—Yet Bears Keep the Upper Hand!

Reason to trust
Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
Strict editorial policy that focuses on accuracy, relevance, and impartiality
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.
Bitcoin price started a recovery wave above the $85,500 zone. BTC is trimming all gains and might decline again toward the $80,000 zone.
- Bitcoin started a decent recovery wave above the $84,500 zone.
- The price is trading near $83,500 and the 100 hourly Simple moving average.
- There was a break below a connecting bullish trend line with support at $85,000 on the hourly chart of the BTC/USD pair (data feed from Kraken).
- The pair could start another increase if it stays above the $82,200 zone.
Bitcoin Price Dips Sharply
Bitcoin price managed to stay above the $82,500 support zone. BTC formed a base and recently started a decent recovery wave above the $83,500 resistance zone.
The bulls were able to push the price above the $84,500 and $85,500 resistance levels. The price even climbed above the $88,000 resistance. A high was formed at $89,042 and the price started a sharp decline. There was a drop below the $86,000 and $85,000 levels.
There was a break below a connecting bullish trend line with support at $85,000 on the hourly chart of the BTC/USD pair. A low was formed at $82,141 and the price is now consolidating near the 23.6% Fib retracement level of the recent decline from the $89,042 swing high to the $82,141 low.
Bitcoin price is now trading near $83,500 and the 100 hourly Simple moving average. On the upside, immediate resistance is near the $84,000 level. The first key resistance is near the $85,000 level.

The next key resistance could be $85,550 and the 50% Fib retracement level of the recent decline from the $89,042 swing high to the $82,141 low. A close above the $85,550 resistance might send the price further higher. In the stated case, the price could rise and test the $86,800 resistance level. Any more gains might send the price toward the $88,000 level or even $88,500.
More Losses In BTC?
If Bitcoin fails to rise above the $85,000 resistance zone, it could start a fresh decline. Immediate support on the downside is near the $82,800 level. The first major support is near the $82,200 level.
The next support is now near the $81,350 zone. Any more losses might send the price toward the $80,500 support in the near term. The main support sits at $80,000.
Technical indicators:
Hourly MACD – The MACD is now losing pace in the bearish zone.
Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level.
Major Support Levels – $82,800, followed by $82,200.
Major Resistance Levels – $84,200 and $85,500.
-
Altcoin23 hours ago
Pi Network Faces Community Backlash, Is Pi Coin Price Heading to Zero?
-
Market21 hours ago
BNB Price Faces More Downside—Can Bulls Step In?
-
Regulation16 hours ago
Kraken Obtains Restricted Dealer Registration in Canada
-
Market22 hours ago
VanEck Sets Stage for BNB ETF with Official Trust Filing
-
Bitcoin22 hours ago
Tokenized Gold Market Cap Tops $1.2 Billion as Gold Prices Surge
-
Bitcoin18 hours ago
Lummis Confirms Treasury Probes Direct Buys
-
Market23 hours ago
XRP Recovery Stalls—Are Bears Still In Control?
-
Altcoin20 hours ago
What’s Fueling The Shibarium Boost?