Cardano price bears cap ADA below key MAs as consolidation drags on
The post Cardano price bears cap ADA below key MAs as consolidation drags on appeared on BitcoinEthereumNews.com.
Cardano price consolidates below key moving averages as sellers cap rebounds, order books show heavy mid-range supply, and downside support looks fragile if sentiment sours. Summary Cardano price trades below short- and medium-term moving averages, with rebounds looking corrective while moving averages roll over and keep bears in control. MACD stays negative and RSI subdued, signaling fading but persistent bearish momentum and a market driven by weak demand rather than capitulation. Order books show dense mid-range sell liquidity and deeper buy interest below, leaving ADA in a vulnerable consolidation that could break if support fails. Cardano (ADA) price continued to trade under pressure on daily charts, with recent price action reflecting a market searching for directional momentum, according to technical analysis. Spot ADA is trading near 0.40 USD, up around 0–1% on the day depending on venue, with 24h volume in the 0.5–0.6 billion USD range and roughly 100M ADA changing hands on Binance alone. Cardano price turns neutral The cryptocurrency has shown modest stabilization after recent declines, though the broader technical structure suggests bearish momentum has not fully subsided, the analysis stated. Cardano remains capped below its short-term and medium-term moving averages, indicating sellers continue to dominate the market structure. The moving averages are gradually turning lower, reinforcing the assessment that recent rebounds have been corrective rather than the start of a sustained recovery, according to the report. Until Cardano reclaims these levels, upside attempts are likely to face selling pressure, the analysis noted. Momentum indicators present a similar picture, the report stated. The MACD remains in negative territory, though the narrowing distance between the MACD line and its signal line suggests bearish momentum is losing intensity. The RSI has hovered in subdued territory, dipping briefly before recovering slightly, behavior that points to subdued demand rather than panic selling,…
Filed under: News - @ December 15, 2025 8:29 am