Cardano (ADA) is under pressure, down 4% in the last 24 hours and almost 10% in last week, the daily negotiation volume by lowering $ 15% to $ 869 million. The drop in price and activity comes while several key measures indicate that the weakening of the momentum and increasing uncertainty.
From a bbtrend bbtrend passage to the activity of volatile whales and the threat of an imminent death cross on its EMA lines, Ada faces a critical period. Whether he can endure support and regain strength or continue slipping will probably depend on the feeling of the short -term market and wider cryptography conditions.
ADA signals the weakness with bbtrend falling below zero
Bbtrend de Cardano has become negative, currently seated at -2.43 after spending almost five days in positive territory.
Between May 11 and 16, the indicator remained above zero, even reaching a recent summit of 17.34 on May 12.
This change suggests that the recent ascending impulse has faded and that the asset can enter a new phase of weakness or consolidation.
The BBTREND (Bollinger Band Trend) measures how much the price moves away from its average compared to volatility, offering information on the strength and management of trends.
The values above zero generally indicate an upward impulse, while the values lower than zero suggest that the downward pressure increases. Ada now showing a bbtrend of -2.43, it signals a potential change towards the lower bias.
If this negative trend persists, this could lead to a new low price or a period of stagnation until new purchasing interests return.
The activity of the Cardano whales cools after a short -term point
The number of Cardano whale addresses – portfolios holding between 1 million and 10 million ADA – has experienced notable volatility in the past few days. On May 13, this number fell to 2,406, scoring one of the lowest points in the last month.
A net rebound followed on May 14, with whale wallets jumping to 2,430, suggesting a brief renewed interest among major holders.
However, this increase did not hold, because the countdown has decreased again over the next two days, now set up at 2,425. The fluctuations highlight a lack of conviction among the main actors, neither sustained accumulation nor coherent distribution which had not been considered.
Monitoring the activity of whales is important because these large investors can generate major price movements due to the size of their assets.
An increasing number of whales generally indicates accumulation, signaling long -term confidence and potentially supporting the movement of upward prices. On the other hand, a decrease or stagnation of the whales often suggests a pressure of hesitation or sale, which can weigh on the prices momentum.
With the current number always lower than peak levels and showing instability, Cardano can find it difficult to create a strong short -term bullish dynamic, unless accumulation is more decisive.
Cardano at the risk of death cross as levels of support for the eyes
The EMA structure of Cardano shows signs of early weakness, with short -term mobile averages starting to dive towards the longer term averages – a configuration which could soon trigger a cross of death.
This lower crossover often signals the start of a deeper downward trend. If he confirms, Cardano Price can test the level of support at $ 0.729.
A break below that could open the door to new losses to $ 0.68, and in a more aggressive sale, prices could fall by $ 0.642.
However, if the current momentum moves and the bulls regain control, Ada has the possibility of reverse the course.
The first key target exceeds the resistance of $ 0.781. If this level is authorized, Cardano could reach $ 0.841 and, in a stronger bullish movement, reaching $ 0.86.
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