ADA Price Drops 25% in a Week | Airdrop Alert Pro

Cardano (ADA)’s price has fallen by more than 25% over the past seven days, with its market cap falling to $26 billion. Trading volume has also dropped 35% over the past 24 hours and is now $766 million, marking a decrease in market activity.

Meanwhile, whale addresses have stabilized after a brief surge, indicating that a period of balance awaits clearer market signals.

Cardano ADX shows the current downtrend remains strong

Within five days, Cardano’s Average Direction Index (ADX) Rising from 11.2 to 41.6 indicates a strong trend that matches 20% of the price correction.

ADX measures trend intensity, rather than direction, with a reading above 25 indicating a strong trend and below indicating a weakness. Given the high ADX of ADA, the recent downtrend is strong, enhancing bearish momentum.

Although it is still on a downward trend, ADA’s ADX remains stable Yesterday and today, about 41 and 42 days, lasting for two days, with a slight decline.

This suggests that the trend may lose its intensity, although it has not reversed and is still very strong. If ADX continues to decline while ADA prices stabilize, the seller may weaken, which may lead to a merger.

However, if there is no significant reversal, the downside risk still exists.

Cardano whales have been stable for three weeks

quantity Cardano Whale The address holding 1,000,000 to 10,000,000 ADA rose to 2,483 from 2,453 between January 9 and January 14.

It is very important to track these whales Because their accumulation or allocation may change in the market. Increased number of whale addresses often indicate confidence and potential price support, while a decline may indicate sales pressure.

Currently, the ADA whale address is 2,469, hovering around this level over the past three weeks, with a slight volatility. This shows a period of balance. Large holders neither actively accumulate nor sell, and may focus their investments on other coins Possible February earnings.

If steady continues, it may mean ADA price In the merger phase, whales are waiting for a clearer market direction before making major moves.

ADA price forecast: 55% upward or downward?

Cardano Price The current support is $0.65 and resistance is $0.82, and its EMA line shows a bearish setting, namely, SHORT-TIME EMAS is below the long term.

This shows that the downward momentum is still dominant, strengthening the notion that ADA is still on a downward trend.

If an uptrend occurs, the ADA can test the resistance of $0.82, and the breakout above may open the transfer toward $1.03 or even $1.16, with a potential 55% upside potential.

However, if the downward trend continues, and ADA price Losing $0.65 in support, it could drop further to $0.51 or even $0.32, marking a 55% drop and reaching its lowest level since December 10, 2024.