Cardano ($ADA) Crypto Forecast: Down 5.2% Today

What is Cardano?

Asset Cardano (ADA) is a popular cryptocurrency token known for its focus on sustainability and scalability in the blockchain space. Today, ADA experienced a strong bearish movement in the market.

Why is Cardano going down?

ADA crypto is down 5.2% on Jul 30, 2025 11:51

• Despite optimism within the community, ADA faced a bearish technical outlook, resulting in a 1% decline today.
• The recent beta launch of Remittix's wallet offering support for various cryptocurrencies like Ethereum and Solana may have attracted attention away from ADA.
• Buyers defended ADA's key support level at $0.75, potentially indicating a forthcoming recovery, with talks of a rally towards $1 circulating.
• The juxtaposition of positive sentiment and technical bearish indicators could have influenced the downward pressure on ADA's price today.

ADA Price Chart

ADA Technical Analysis

ADA News

Cardano Price Analysis: Hoskinson's optimism clashes with bearish technical outlook

Cardano (ADA) edges lower by 1% at press time on Tuesday, extending the nearly 5% drop from Monday.

https://www.fxstreet.com/cryptocurrencies/news/cardano-price-analysis-hoskinsons-optimism-clashes-with-bearish-technical-outlook-202507290450

Remittix Announces Wallet Beta Launch As Interest From XRP and ADA Communities Grows

KOSICE, Slovakia, July 24, 2025 ( GLOBE NEWSWIRE ) -- With hype building across the crypto community, Remittix, the low-fee crypto disrupting traditional remittance infrastructures, has announced the beta launch date of its new multi-chain crypto wallet, to cater to Ethereum, Solana, and more.

https://www.benzinga.com/pressreleases/25/07/g46620037/remittix-announces-wallet-beta-launch-as-interest-from-xrp-and-ada-communities-grows

ADA dip buyers defend key support: Will the bounce lead to $1?

Buyers aggressively defended ADA's $0.75 support level, possibly kickstarting a rally back to $1.

https://cointelegraph.com/news/ada-dip-buyers-defend-key-support-will-the-bounce-lead-to-dollar1

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Cardano Price History

17.06.2025 - ADA Crypto was up 5.1%

• ADA's bullish movement is supported by its recent 44% surge in July, driven by positive sentiment around its $660 million holdings in ADA, BTC, and cash.
• The interest in ADA increasing and bulls aiming for $1.00 indicate growing momentum and confidence in the cryptocurrency, especially as it stabilizes around key levels and shows strength.
• The rally in ADA is also influenced by the broader cryptocurrency market, with Bitcoin reaching new all-time highs, creating a positive domino effect for altcoins like Cardano.
• The breakout from a falling wedge pattern and the overall bullish trend suggest that ADA bulls are in control and could potentially lead to a continued upward trajectory for the token.

20.06.2025 - ADA Crypto was up 5.0%

• An upcoming audit report release in August, announced by Charles Hoskinson, likely spurred positive sentiment and anticipation among investors, contributing to ADA's bullish momentum.
• Price targets and signals pointing towards a potential rally to $2.70 further fueled investor optimism and buying interest in ADA.
• The stability of major altcoins like Cardano around key support levels, combined with positive market sentiment towards cryptocurrencies, has created a conducive environment for ADA's upward movement.
• Significant price surge in ADA during July, along with substantial holdings in ADA, BTC, and cash by the Foundation, has boosted investor confidence, potentially attracting more buyers to the token.

11.06.2025 - ADA Crypto was up 19.9%

• ADA showed significant upward movement in line with Bitcoin's recent surge to a new all-time high, highlighting its correlation with the wider cryptocurrency market.
• The breakout from a falling wedge pattern and the expectation of further price increases due to an expansion in the total supply contributed to the positive outlook on ADA.
• Conversely, market caution and the selling of a notable volume of ADA tokens by large holders exerted some downward pressure earlier in the week.
• In conclusion, ADA's upward trend can be linked to optimistic market sentiment, heightened demand, and its alignment with Bitcoin's performance.

11.06.2025 - ADA Crypto was up 12.6%

• The bullish movement in ADA today can be attributed to the positive sentiment in the overall cryptocurrency market, especially with Bitcoin hitting new record highs, which often leads to increased interest and investment in altcoins like ADA.
• The anticipation of further gains by ADA bulls, fueled by the increase in Cardano supply in profit by 2.34 billion ADA tokens, indicates growing buying pressure and confidence in the token's future performance.
• On the other hand, the bearish movements in ADA on previous days could have been influenced by profit-taking from whales offloading 170 million tokens and the overall risk-off sentiment in the market due to external factors like President Trump's tariff extension, leading to temporary price declines.

30.06.2025 - ADA Crypto was down 5.2%

• Despite optimism within the community, ADA faced a bearish technical outlook, resulting in a 1% decline today.
• The recent beta launch of Remittix's wallet offering support for various cryptocurrencies like Ethereum and Solana may have attracted attention away from ADA.
• Buyers defended ADA's key support level at $0.75, potentially indicating a forthcoming recovery, with talks of a rally towards $1 circulating.
• The juxtaposition of positive sentiment and technical bearish indicators could have influenced the downward pressure on ADA's price today.

22.06.2025 - ADA Crypto was down 5.2%

• Despite recent positive developments and optimistic projections, ADA faced a bearish movement today.
• The upcoming audit report by founder Charles Hoskinson might have created uncertainty or prompted investors to take profits.
• The stability of other prominent altcoins such as Litecoin and Solana may have diverted attention away from ADA temporarily.
• Market sentiment and profit-taking actions are likely factors contributing to ADA's bearish movement, despite the generally favorable conditions in the cryptocurrency market.

22.06.2025 - ADA Crypto was up 5.3%

• ADA's price surge is driven by reaching record highs in Open Interest, positive price forecasts, and bullish signals indicating a potential rally.
• The upcoming audit report release by Cardano founder Charles Hoskinson in August is likely contributing to the positive sentiment around ADA.
• The stability of major altcoins like ADA around key levels and the overall bullish momentum in the market are further bolstering ADA's upward movement.
• The revealed $660 million in ADA, BTC, and cash holdings by the Cardano Foundation is boosting investor confidence, which in turn is supporting ADA's strong performance.

12.06.2025 - ADA Crypto was down 5.2%

• ADA experienced a downward trend today, potentially due to profit-taking following a recent surge and a general cautious approach in the market.
• Despite a surge in interest in ADA and bullish efforts to reach $1.00, the token encountered selling pressure from large holders shedding a notable amount of tokens.
• The movement of ADA may have been influenced by Bitcoin's price fluctuations, given the tendency for the overall cryptocurrency market to track Bitcoin's movements closely.
• The market sentiment was predominantly bearish, with external news like President Trump's tariff updates likely compounding the downward pressure on ADA amidst an earlier positive trend.

25.06.2025 - ADA Crypto was down 5.6%

• Despite recent positive developments and a strong rally in the past weeks, ADA experienced a bearish movement today.
• The dip in ADA's price could be attributed to profit-taking by traders who had bought in at lower levels and were looking to secure their gains.
• The market movement might also be influenced by general market sentiment or external factors impacting the overall cryptocurrency market.
• Investors will be closely watching for any updates on the upcoming audit report by Cardano founder Charles Hoskinson, as this could potentially impact ADA's price in the near future.

16.06.2025 - ADA Crypto was up 5.9%

• ADA's price surge is supported by the positive sentiment in the broader cryptocurrency market, as Bitcoin achieves new record highs.
• The significant holdings in ADA, BTC, and cash by the Foundation contribute to the bullish momentum and bolster investor confidence in Cardano.
• The increased interest in ADA signifies growing market demand and the possibility of further price appreciation, with expectations set on reaching the $1.00 mark.
• The breakout from a falling wedge pattern and the consistent upward trend of ADA's price in recent days indicate strong bullish momentum and suggest a potential for a sustained uptrend in the near future.

18.06.2025 - ADA Crypto was up 13.7%

• ADA's bullish movement is supported by stabilizing around key levels and showing signs of strength, hinting at a potential new leg higher.
• The surge in ADA's price in July, along with reports of significant holdings in ADA, BTC, and cash by the foundation, has contributed to the positive momentum.
• Interest in ADA spiking and bulls aiming for the $1.00 mark indicate growing confidence and optimism in the cryptocurrency, further fueling the upward trend.
• The rally in ADA is also influenced by the overall positive sentiment in the broader cryptocurrency market, with Bitcoin hitting new all-time highs, creating a favorable environment for altcoins like Cardano to thrive.

18.06.2025 - ADA Crypto was up 5.2%

• ADA price is showing bullish momentum and is on track to potentially reach $3, as indicated by multiple bullish signals and a bull flag targeting $2.70.
• The stability of major altcoins like Cardano, Litecoin, and Solana around key support levels is hinting at a new leg higher for ADA, reflecting overall positive sentiment in the cryptocurrency market.
• Cardano's recent surge in July, coupled with significant holdings in ADA, BTC, and cash by the Foundation, is contributing to the positive price action of ADA.
• The increasing interest in ADA and the tightening grip of bulls on the broader cryptocurrency market are fueling the momentum towards the $1.00 mark and beyond for Cardano.