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Cardano ($ADA) Crypto Forecast: Down 5.3% Today

Morpher AI identified a bearish signal. The crypto price may continue to fall based on the momentum of the negative news.

What is Cardano?

Cardano (ADA) is a cryptocurrency token known for its focus on sustainability and scalability. The market for cryptocurrencies has been volatile, with investors closely monitoring technical indicators and on-chain data for potential price movements.

Why is Cardano going down?

ADA crypto is down 5.3% on Oct 29, 2025 18:41

  • ADA experienced a bearish movement despite the positive outlook.
  • The rejection from a key level and the lack of retail and whale support may have contributed to the downward pressure on ADA's price.
  • The technical rebound within a descending triangle could not gather enough momentum to push ADA into a breakout, leading to the bearish movement.
  • Despite the bullish signals in the technical charts and on-chain data, market sentiment and lack of strong support levels might have outweighed the positive factors, resulting in ADA's decline.

ADA Price Chart

ADA Technical Analysis

ADA News

Cardano Price Forecast: ADA eyes breakout as whale accumulation and on-chain data turn bullish

Cardano (ADA) is trading around $0.66 at the time of writing on Tuesday, after being rejected from a key level the previous day. On-chain data shows whale accumulation rising, fueling optimism for a potential breakout.

https://www.fxstreet.com/cryptocurrencies/news/cardano-price-forecast-ada-eyes-breakout-as-whale-accumulation-and-on-chain-data-turn-bullish-202510280530

0 Missing News Article Image Cardano Price Forecast: ADA eyes breakout as whale accumulation and on-chain data turn bullish

ADA Eyes Outperformance Over BTC, XRP As Cardano Charts Signal 50% Rally

Cardano ( CRYPTO: ADA ) is gaining momentum after weeks of tight consolidation, with technical charts signaling a potential 50% breakout toward $0.92. ADA trades near $0.645 on Friday, holding just above a narrowing wedge pattern on the 4-hour chart.

https://www.benzinga.com/crypto/cryptocurrency/25/10/48410617/ada-eyes-outperformance-over-btc-xrp-as-cardano-charts-signal-50-rally

1 News Article Image ADA Eyes Outperformance Over BTC, XRP As Cardano Charts Signal 50% Rally

Cardano Price Forecast: ADA recovery lacks retail, whale support

Cardano (ADA) price ticks higher by nearly 2% at press time on Friday, extending the 3% gains from Thursday. Technically, Cardano is performing a rebound within a descending triangle on the 4-hour chart, aiming for a potential breakout.

https://www.fxstreet.com/cryptocurrencies/news/cardano-price-forecast-ada-recovery-lacks-retail-whale-support-202510240901

2 Missing News Article Image Cardano Price Forecast: ADA recovery lacks retail, whale support

Cardano Price History

22.09.2025 - ADA Crypto was down 5.8%

  • ADA's bearish movement can be attributed to the overall negative sentiment in the cryptocurrency market, as evidenced by the double-digit losses in other altcoins like BNB and Solana.
  • The drop in ADA's price could also be influenced by the decrease in open interest to a yearly low and the increase in short bets, indicating a lack of trader confidence and potential expectations of further downside.
  • Despite Cardano's advancements in decentralization metrics, such as surpassing Bitcoin and Ethereum in certain aspects, the market movement seems to be more influenced by broader market trends and technical factors rather than specific project developments.
  • The recognition of Cardano's impact in winning awards and milestones, while positive for the project's long-term prospects, may not have had an immediate impact on ADA's price today.

22.09.2025 - ADA Crypto was down 5.3%

  • The bearish movement in ADA today can be attributed to the overall negative sentiment in the cryptocurrency market, as seen by the double-digit losses in other altcoins like BNB and Solana.
  • The drop in open interest to a yearly low and the surge in short bets on ADA indicate a lack of trader confidence and a growing expectation of further downside, contributing to the bearish movement.
  • Despite Cardano's recent achievements, such as winning the first prize award at the prestigious Innovation Challenge Awards, the market dynamics and technical indicators seem to be driving ADA towards a deeper correction.
  • The upcoming breakout zones for ADA and Ethereum at critical price levels could determine the direction of the next altcoin rally, adding to the uncertainty and potential for increased volatility in the cryptocurrency market.

22.09.2025 - ADA Crypto was down 6.2%

  • Cardano recorded a price correction of nearly 7% in the previous week. There was a notable drop in open interest to a yearly low and an increase in short bets, signaling diminishing trader confidence and growing expectations of further downside.
  • While Cardano has excelled in decentralization metrics compared to Bitcoin and Ethereum, its failure to sustain a price above $0.65 during a broader market decline has sparked concerns among investors.
  • Double-digit losses were seen in Cardano, BNB, and Solana, among other altcoins, coinciding with a surge in crypto market liquidations, indicating a prevailing bearish sentiment affecting the overall cryptocurrency market.
  • Ethereum and Cardano are approaching crucial breakout zones, which could dictate the direction of the next altcoin rally. This suggests that market participants are closely observing these pivotal levels for potential shifts in momentum.

09.09.2025 - ADA Crypto was down 5.0%

  • The bearish movement in ADA today can be attributed to the correction following a period of gains.
  • Despite the selling pressure waning and positive signals from on-chain data, the broader market sentiment may have shifted, leading to the bearish movement.
  • The "Uptober" narrative, which initially brought optimism to the market, might have lost momentum, causing investors to take profits and triggering the bearish trend in ADA.
  • Overall, the market movement in ADA today reflects a combination of profit-taking, correction after recent gains, and a shift in sentiment within the cryptocurrency market.

14.09.2025 - ADA Crypto was down 5.2%

  • ADA price declined today due to rejection at key resistance levels and profit-taking activity among traders.
  • The negative Spot Taker CVD and rising short bets are signaling a more cautious sentiment towards ADA.
  • The ongoing correction and increasing bearish pressure may lead to a temporary setback for ADA.
  • Despite recent bearish movement, the overall market sentiment is positive for ADA, supported by strong retail demand and diminishing selling pressure, in line with the "Uptober" narrative.

20.09.2025 - ADA Crypto was up 5.0%

  • Despite the overall bearish sentiment in the cryptocurrency market and Cardano facing rejection at key resistance levels, ADA managed to defy the odds and experience a strong bullish movement.
  • The surge in ADA's price could be attributed to investors viewing the correction as an opportunity to buy the dip, leading to increased demand and driving the price up.
  • The decrease in open interest and surge in short bets may have initially signaled a bearish outlook, but the resilience of Cardano's price action showcases strong support from the community and potential positive developments in the project.
  • As Cardano approaches breakout zones, the next move could be crucial in determining the direction of the altcoin rally, with investors closely monitoring the $0.65 price level for ADA.

07.09.2025 - ADA Crypto was down 5.2%

  • Despite recent partnerships with Google Cloud and positive market sentiment, ADA experienced a bearish movement today.
  • This bearish trend could be due to profit-taking by investors post a bullish run or a general market correction in the cryptocurrency space.
  • It's crucial to note that market movements in the cryptocurrency space can be highly volatile and influenced by various factors beyond specific news events.
  • Traders should monitor technical indicators and overall market trends to make informed decisions when trading ADA.

27.09.2025 - ADA Crypto was up 5.1%

  • ADA is gaining momentum and technical charts are signaling a potential 50% breakout towards $0.92, indicating strong bullish sentiment among traders.
  • Despite ADA's strong decentralization metrics surpassing Bitcoin and Ethereum, the token has been struggling to break above $0.65, facing resistance at this level.
  • The recent recognition of Cardano's impact and achievements, such as winning the first prize award at the Innovation Challenge Awards, could be contributing to positive market sentiment and driving ADA's price higher.
  • However, there are concerns about a deeper correction as open interest drops to a yearly low and short bets surge, indicating some traders are cautious about ADA's short-term price movements despite the overall bullish trend.

15.09.2025 - ADA Crypto was down 5.6%

  • ADA's bearish movement today can be attributed to:
  • Facing rejection at a key resistance level, leading to a downward trend in price.
  • Negative sentiment from traders, as indicated by rising short bets and profit-taking activity.
  • The overall uncertainty in the cryptocurrency market, with ADA's price structure nearing a crucial breakout zone.
  • The market movement suggests that ADA is currently struggling to maintain its price levels amidst increasing bearish pressure and profit-taking activities, highlighting the importance of monitoring key support levels for potential trend reversals.

29.09.2025 - ADA Crypto was down 5.3%

  • ADA experienced a bearish movement despite the positive outlook.
  • The rejection from a key level and the lack of retail and whale support may have contributed to the downward pressure on ADA's price.
  • The technical rebound within a descending triangle could not gather enough momentum to push ADA into a breakout, leading to the bearish movement.
  • Despite the bullish signals in the technical charts and on-chain data, market sentiment and lack of strong support levels might have outweighed the positive factors, resulting in ADA's decline.

17.09.2025 - ADA Crypto was down 8.3%

  • ADA's price decline is linked to the bearish sentiment in the cryptocurrency market, with BNB, Solana, and ADA facing double-digit losses.
  • Rejection at a key resistance level and negative Spot Taker CVD suggest bears have gained control over ADA's price.
  • Breakout zones for ADA and Ethereum (ETH) at $0.65 and $4,000 respectively could dictate the next rally for altcoins, increasing market uncertainty and volatility.
  • The rise in crypto market liquidations may have intensified selling pressure on ADA, impacting its bearish movement despite previous price peaks.

10.09.2025 - ADA Crypto was down 5.1%

  • ADA saw a decrease in price today, attributed to profit-taking activity and an increase in bearish bets in the market.
  • The downward movement in ADA's price was magnified as bears took control, driving the token below $0.82.
  • Despite previous positive movements and overall market optimism, ADA encountered selling pressure that contributed to the observed bearish trend.
  • The prevailing sentiment surrounding ADA appears to be a result of profit-taking, bearish outlooks, and market factors, collectively influencing the downward trajectory of its price.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.