Cardano Price Tests $0.25 as ADA Leverage Turns Bearish

Key Insights:

• Cardano (ADA) price has tested $0.25 as long as liquidations stay elevated.
• Cardano whale wallets above 10M ADA hit a four-month high.
• The investors are now keeping close track of the $0.24 support, $0.268 EMA cap, and $0.299 resistance.

Cardano (ADA) price tests $0.25 after a sharp pullback erased midweek gains. The crypto has slipped toward the region as traders cut risk across majors.

Derivatives data show that many bullish bets got forced out. CoinGlass estimates roughly $626K in ADA futures liquidations over the last 24 hours.

Open interest sits near $412 million, which signals leverage is still high. Spot buyers watch volume, because thin order books can exaggerate both breaks and rebounds.

The next sessions for Cardano price hinge on whether buyers defend the level. If $0.25 fails for ADA, the price could test further lower supports quickly.

Cardano Price Tests $0.25 as Long Liquidations Spike

The selloff hit leveraged longs first. CoinGlass data shows nearly $545K in long positions liquidated in 24 hours.

That imbalance is important since forced selling has the ability to add depth to a decline. De-risking by traders usually results in thinning of the bids when there are long liquidations that dominate.

Cardano price traded around $0.25 with the macro headlines introducing volatility. The move is linked to profit-taking following news of the U.S.-Iran ceasefire. Bitcoin slipped below $71,000 as majors fell. When BTC softens, ADA price often follows fast.

Open interest cooled as positions closed or got liquidated. CoinGlass lists ADA open interest near $412 million. The OI-weighted funding rate below zero shows shorts in demand. Negative funding does not guarantee a crash, but traders pay to stay short. That can cap rallies until spot demand returns for now.

On-chain data shows Cardano whale wallets accumulating quietly. Santiment reported 424 wallets holding at least 10 million ADA, a four-month high. That count rose about 5.2% over nine weeks. In plain terms, large holders expanded exposure while the price stayed weak.

Whale growth can tighten float and soften some dips. It can also fail to defend levels when sentiment breaks. Some growth reflects custody moves, not fresh buying. Still, the 10M+ cohort expanded into weakness.

What’s Next for ADA Price?

The Cardano price structure remains fragile on the daily chart. ADA price trades below its key moving averages, with the 50-day EMA near $0.268.

Until price reclaims that area, overhead supply may keep pushing shallow. Momentum gauges also look mixed. The daily RSI is in the mid-40s and describes the MACD as only marginally positive.

The Supertrend signal stayed red, even as MACD showed a bullish crossover under the zero line. That mix often fits a range of markets. Buyers try to build a base, but trend sellers still lean on bounces.

Support sits just below the current price—the $0.2328 March 29 low and $0.2205 as the February 5 low.

Analysts have pointed to a horizontal channel that has guided ADA since early February, with a lower boundary near $0.24. That makes the $0.24 to $0.25 zone the first line for bulls.

A Closer Look at Cardano Price

When Cardano price tests $0.25, traders need follow-through, not a single wick. A daily close below $0.24 would break the channel floor.

That would put the $0.2328 swing low in play, then the $0.2205 area after it. If liquidations keep rising, the market can overshoot those levels in thin conditions.

The upside path is clearer, too. A rebound that holds above $0.25 and then clears the 50-day EMA near $0.268 would ease immediate pressure.

Analysts have flagged the $0.299 area as the next key resistance if that happens. Traders will also watch whether open interest rises with price, or if a bounce comes from short-covering alone.

The post Cardano Price Tests $0.25 as ADA Leverage Turns Bearish appeared first on The Coin Republic.