{"id":58112,"date":"2025-04-09T22:00:31","date_gmt":"2025-04-09T22:00:31","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=58112"},"modified":"2025-04-09T22:00:31","modified_gmt":"2025-04-09T22:00:31","slug":"cardano-price-prediction-ada-set-to-crash-to-0-4-after-correction-to-liquidity-zone","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=58112","title":{"rendered":"Cardano Price Prediction: ADA Set To Crash To $0.4 After Correction To Liquidity Zone"},"content":{"rendered":"

Cardano (ADA) has found itself once again caught in a downward current <\/a>as bearish sentiment grips the broader crypto market. The ADA\/USDT pair on Binance is now painting a structure that many crypto analysts interpret as a warning sign of deeper losses<\/a> ahead. According to a recent technical analysis on the TradingView platform, Cardano may be heading toward the $0.40 region after briefly correcting to an important liquidity zone.<\/p>\n

Bearish Market Structure And Liquidity Retest For Cardano<\/h2>\n

Technical analyst RLinda noted that Cardano<\/a> is currently under intense bearish pressure, describing it as being in a defined bear market. The analysis was made on the TradingView platform based on ADA\/USDT price action on the 4-hour candlestick timeframe since early March.<\/p>\n

Notably, the chart shows that ADA traded within a period of sideways consolidation<\/a> between March 11 and May 6, only to eventually initiate a pullback in what appears to be a classic liquidity retest move. This corrective move has now brought into focus the previously broken support zone around $0.63, which is now acting as resistance.<\/p>\n

RLinda highlights that this resistance level, combined with the 0.5 Fibonacci retracement zone, marks the upper boundary of what is now considered a selling zone. A retest of this support is, however, very possible, and the reaction here will determine if Cardano breaks down further.<\/p>\n

Breakdown Below $0.581 Could Open The Floodgates For ADA<\/h2>\n

Cardano\u2019s price structure within the 4-hour candlestick chart shows lower highs and increasingly weaker bounces since March 26, reinforcing the bearish outlook. Interestingly, RLinda\u2019s chart outlines a key trigger level at $0.581. A further breakdown is expected should ADA fail to hold the $0.581 support level, which has already served as a confluence area multiple times this cycle.\u00a0<\/p>\n

The next key support lies at $0.5092, but this level is not expected to provide significant strength. If this zone is breached, the analyst warns of a potential plunge into what she terms a \u201czone of emptiness,\u201d where buying pressure might become non-existent.<\/p>\n

This emptiness of demand could send ADA plummeting further toward $0.4564, with an additional downside targeting $0.42 and potentially even $0.40. The analyst marks this area as the final destination for the current bearish phase unless broader market sentiment shifts dramatically.\u00a0<\/p>\n

Speaking of broader market sentiment,<\/a> the crypto market was recently rocked by a surge in volatility triggered by conflicting reports about a supposed 90-day U.S. tariff suspension, but the White House quickly denied the rumour. The back-and-forth was enough to push the Bitcoin price<\/a> down to $74,620 again by 9:30 EDT. Cardano\u2019s price also dropped to $0.54 during the same time window.<\/p>\n

While ADA has since managed a mild recovery to the $0.5751 range, the bounce lacks conviction. The thin volume and absence of aggressive buying suggest the relief may be temporary and there are possibilities of more downside moves.<\/p>","protected":false},"excerpt":{"rendered":"

Cardano (ADA) has found itself once again caught in a downward current as bearish sentiment grips the broader crypto market. The ADA\/USDT pair on Binance is now painting a structure that many crypto analysts interpret as a warning sign of deeper losses ahead. According to a recent technical analysis on the TradingView platform, Cardano may […]<\/p>\n","protected":false},"author":0,"featured_media":58113,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-58112","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/58112"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=58112"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/58112\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/58113"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=58112"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=58112"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=58112"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}