Cardano Downtrend Persists After Midnight NIGHT Launch and Stalled Rally
The post Cardano Downtrend Persists After Midnight NIGHT Launch and Stalled Rally appeared on BitcoinEthereumNews.com.
Cardano’s price has entered a strong downtrend following the Midnight sidechain’s NIGHT token launch on December 8, 2025, with ADA dropping from $0.484 amid rising selling pressure and failure to hold key supports like $0.405, signaling potential further declines unless Bitcoin stabilizes. Cardano experienced a 30.6% rally to $0.484 before stalling, but indicators like CMF show increasing capital outflows below -0.05. The swing low at $0.405 is under threat, with a break below risking a bearish shift toward $0.37 support. Liquidation heatmap reveals short liquidations above $0.48, yet sparsity between $0.40-$0.50 could hinder quick recoveries, per data from CoinGlass. Discover Cardano price analysis post-Midnight NIGHT launch: downtrend signals, key supports, and trader strategies for 2025. Stay informed on ADA’s market moves—explore insights now. What is causing Cardano’s downtrend after the Midnight sidechain launch? Cardano‘s downtrend stems from the Midnight sidechain’s NIGHT token launch on December 8, 2025, which coincided with heavy losses for ADA holders, turning a potential rally catalyst into a selling trigger. Despite an initial 30.6% surge from $0.37 to $0.484 in the week prior, bulls failed to sustain momentum and reclaim the $0.52 resistance, leading to renewed bearish pressure as Bitcoin’s volatility exacerbated outflows. Technical indicators confirm the bearish structure remains intact, with daily closes threatening key supports. How do Cardano’s technical indicators signal a continuing downtrend? Cardano’s 1-day chart reveals a bearish structure where the swing low at $0.405 faces direct seller threats, potentially shifting the overall trend if breached on a daily close. Further downside targets the $0.37 support, as confirmed by data from TradingView, where a breakdown could accelerate the downtrend’s progression. The Chaikin Money Flow (CMF) indicator has dipped below -0.05, highlighting rising selling pressure and significant capital outflows since the October 10 crash, while the Directional Movement Index (DMI) underscores persistent bearish…
Filed under: News - @ December 14, 2025 1:30 pm