{"id":2092,"date":"2025-04-01T16:47:00","date_gmt":"2025-04-01T15:47:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=2092"},"modified":"2025-04-01T16:39:37","modified_gmt":"2025-04-01T15:39:37","slug":"cardano-ada-price-stuck-whats-holding","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/cardano-ada-price-stuck-whats-holding\/","title":{"rendered":"Cardano (ADA) Price Stuck ? Here\u2019s What\u2019s Holding It Back"},"content":{"rendered":"\n

Cardano Looking to Regain Strength<\/h2>\n\n\n\n

For several weeks, the funding rate of Cardano<\/strong> has been fluctuating between positive and negative values, indicating market sentiment instability. This fluctuation<\/strong> suggests that traders are trying to take advantage of price drops by placing short contracts. At the time of writing, short positions dominate<\/strong> long positions, signaling that traders<\/a> remain cautious and anticipate further declines.<\/p>\n\n\n\n

This bearish sentiment<\/strong> is reinforced by the dominance of short positions over long ones. As a result, the market is under significant downward pressure, with no clear signs of a strong<\/strong> rebound imminent unless a significant change occurs in traders’ behavior.<\/p>\n\n\n

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

Cardano’s long-term dynamics<\/a> are also affected by a lack of investor support, as indicated by the Chaikin Money Flow<\/strong> (CMF) indicator. The CMF has remained below the zero line for the past three weeks, indicating that money is flowing out<\/strong> of Cardano rather than into it. This suggests that investor <\/a>confidence is low, posing a significant<\/strong> obstacle<\/strong> to price growth.<\/p>\n\n\n\n

Although the CMF has recently shown a slight uptick, the overall trend of negative<\/strong> flows<\/strong> remains intact. The lack of sustained inflows indicates weakened investor sentiment, making it challenging for Cardano to break free from its current downward trend.<\/p>\n\n\n

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\"CMF
Source: TradingView \/ BeInCrypto<\/figcaption><\/figure>\n<\/div>\n\n\n

ADA Price Attempting to Recover Losses<\/h2>\n\n\n\n

The current price of Cardano is at $0.68<\/strong>, just below the crucial resistance <\/strong>level of $0.70. The altcoin<\/a> appears to be heading towards a consolidation <\/strong>phase between $0.77 and $0.70<\/strong>. However, this consolidation could signal a lack of bullish momentum and indicate an extended period of stability.<\/p>\n\n\n\n

If the bearish sentiment on ADA <\/strong>persists, the Cardano <\/strong>price may struggle to break above $0.70 and slide further towards $0.62. However, this would mark a new decline<\/strong> and indicate that the current price trend is unlikely to result in a rebound without significant changes in market conditions or investor sentiment.<\/p>\n\n\n\n

\"ADA
Source: TradingView \/ BeInCrypto<\/figcaption><\/figure>\n\n\n\n

On the other hand, if investors begin to see the current price as an opportunity<\/strong>, Cardano could break above $0.70<\/strong> and potentially rise beyond $0.77 to $0.85<\/strong>. This would invalidate the bearish outlook, paving the way for a more substantial rebound. However, without a notable increase in support, the Cardano<\/strong> price is likely to remain under pressure<\/strong>.<\/p>\n\n\n\n

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Buy Cardano’s ADA token easily via Bitget !<\/strong><\/a><\/div>\n<\/div>\n\n\n\n

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