Cardano Price Faces 18% Breakdown Risk as Key Levels Hold
The post Cardano Price Faces 18% Breakdown Risk as Key Levels Hold appeared on BitcoinEthereumNews.com.
The Cardano price has spent most of the month stuck in a tight range. It is up about 0.5% in the last 24 hours, down roughly 1.6% on the week, and still trying to resist a much larger move lower. The chart has produced a classic bearish pattern, but on-chain behavior and capital flows are not yet fully supporting the breakdown. That tension is what defines the ADA price right now. Sponsored A Head And Shoulders Pattern Sets Up The Threat On the daily chart, Cardano is approaching a head-and-shoulders pattern confirmation. The neckline connecting the swing lows is sloping downward, which means buyers are only willing to defend the price at lower levels each time. The downward-sloping neckline typically strengthens the bearish case because it indicates weakening demand even before a confirmed breakdown. A decisive close below this downward-sloping neckline would confirm the pattern and trigger a measured move of approximately 18%, targeting the $0.24 area. That is the breakdown risk on the table. Breakdown Risk Looms On ADA: TradingView Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. For now, ADA has refused to fully follow through. Price has traded sideways instead, which keeps the door open for attempts to neutralize the pattern. Sponsored One Metric Drops Nearly 60%, Hinting at Cooling Sell Pressure A key on-chain metric is also leaning against the breakdown. The spent coins age band, which measures token movement and potential selling activity, has fallen sharply. It declined from approximately 241.71 million ADA on December 11 to approximately 105.51 million ADA now. That is close to a 60% reduction in supply being moved. Lower spent coins usually signal fewer holders rushing to sell. Earlier drops in this metric lined up with short-term rebounds. For example, on November 29, after…
Filed under: News - @ December 25, 2025 12:19 pm