{"id":10330,"date":"2025-06-23T12:20:00","date_gmt":"2025-06-23T11:20:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=10330"},"modified":"2025-06-23T11:58:58","modified_gmt":"2025-06-23T10:58:58","slug":"cardano-price-ada-not-surging","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/cardano-price-ada-not-surging\/","title":{"rendered":"Why Cardano (ADA) Might Stay Flat Despite Market Momentum"},"content":{"rendered":"\n

Despite a Spring Rebound, Cardano Struggles to Recover<\/h2>\n\n\n\n

The cryptocurrency<\/a> market is constantly evolving, and Cardano (ADA)<\/a><\/strong> has faced significant challenges in recent months. Although it experienced a period of growth in April and early May, a downtrend<\/strong> has since set in. Several technical and fundamental indicators suggest that a recovery in ADA’s price could be challenging in the short term.<\/p>\n\n\n

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\"ADA
Source: Santiment<\/figcaption><\/figure>\n<\/div>\n\n\n

Firstly, Santiment data shows that developer activity<\/strong> on the Cardano network has been declining<\/strong> since February. This slowdown in development activity could be concerning for long-term investors.<\/p>\n\n\n\n

Moreover, the 90-day MVRV ratio has remained positive<\/strong> for almost two months, despite a recent decrease in profit-taking holders. This situation indicates that any attempt at an upward move would face significant selling pressure<\/strong>, with investors looking to realize their profits.<\/p>\n\n\n\n

Short-Term Technical Outlook<\/h2>\n\n\n\n

The declining average age of circulating coins suggests a distribution phase<\/strong> within the Cardano network. This phenomenon will need to reverse to facilitate a true recovery in ADA’s price.<\/p>\n\n\n

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\"3-day<\/figure>\n<\/div>\n\n\n

Technically<\/a>, the market structure turned bearish at the end of May when Cardano dropped below the $0.51<\/strong> level. This level now serves as a key resistance to monitor. If breached, a further decline towards $0.427<\/strong> could be possible.<\/p>\n\n\n\n

If ADA fails to hold above its liquidated trendline yesterday at $0.53<\/strong>, it will move into the demand zone between $0.48 and $0.45<\/strong>. This range must hold to avoid a deeper drop to $0.4<\/strong>.<\/p>\n\n\n\n

Currently, a bullish recovery is not on the agenda<\/strong> as selling pressure prevails in the market. Only short-term stabilization, accompanied by increased demand, could hint at a potential reversal in trend for Cardano.<\/p>\n\n\n\n

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Buy ADA on Bitget and Earn $10 !<\/a><\/div>\n<\/div>\n\n\n\n

More on this topic :<\/p>\n\n\n\n