{"id":92709,"date":"2025-09-01T05:08:45","date_gmt":"2025-09-01T05:08:45","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=92709"},"modified":"2025-09-01T05:08:45","modified_gmt":"2025-09-01T05:08:45","slug":"cardano-ada-faces-selling-pressure-is-this-the-start-of-a-trend","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=92709","title":{"rendered":"Cardano (ADA) Faces Selling Pressure \u2013 Is This the Start of a Trend?"},"content":{"rendered":"

Cardano price started a fresh decline below the $0.850 zone. ADA is now consolidating and might extend losses below the $0.80 support.<\/em><\/p>\n

ADA price started a fresh decline below the $0.850 support zone.
\nThe price is trading below $0.8320 and the 100-hourly simple moving average.
\nThere is a key bearish trend line forming with resistance at $0.820 on the hourly chart of the ADA\/USD pair (data source from Kraken).
\nThe pair could start a fresh increase if it clears the $0.820 resistance zone.<\/p>\n

Cardano Price Dips Further<\/h2>\n

After a steady increase, Cardano faced sellers near $0.880 and started a downside correction, like Bitcoin<\/a> and Ethereum<\/a>. ADA dipped below the $0.850 and $0.8320 support levels.<\/p>\n

The bears even pushed the price below $0.820. A low was formed at $0.8003 and the price is now consolidating losses. There was a minor increase toward the 23.6% Fib retracement level of the recent decline from the $0.8376 swing high to the $0.8003 low.<\/p>\n

Cardano price is now trading below $0.820 and the 100-hourly simple moving average. There is also a key bearish trend line forming with resistance at $0.820 on the hourly chart of the ADA\/USD pair.<\/p>\n

On the upside, the price might face resistance near the $0.820 zone. The first resistance is near $0.8280 or the 76.4% Fib retracement level of the recent decline from the $0.8376 swing high to the $0.8003 low. The next key resistance might be $0.840.<\/p>\n

<\/a><\/p>\n

If there is a close above the $0.840 resistance, the price could start a strong rally. In the stated case, the price could rise toward the $0.8620 region. Any more gains might call for a move toward $0.880 in the near term.<\/p>\n

Another Decline In ADA?<\/h2>\n

If Cardano\u2019s price fails to climb above the $0.840 resistance level, it could start another decline. Immediate support on the downside is near the $0.80 level.<\/p>\n

The next major support is near the $0.780 level. A downside break below the $0.780 level could open the doors for a test of $0.7620. The next major support is near the $0.750 level where the bulls might emerge.<\/p>\n

Technical Indicators<\/p>\n

Hourly MACD \u2013 The MACD for ADA\/USD is gaining momentum in the bearish zone.<\/p>\n

Hourly RSI (Relative Strength Index) \u2013 The RSI for ADA\/USD is now below the 50 level.<\/p>\n

Major Support Levels \u2013 $0.8000 and $0.7800.<\/p>\n

Major Resistance Levels \u2013 $0.8200 and $0.8400.<\/p>","protected":false},"excerpt":{"rendered":"

Cardano price started a fresh decline below the $0.850 zone. ADA is now consolidating and might extend losses below the $0.80 support. ADA price started a fresh decline below the $0.850 support zone. The price is trading below $0.8320 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance […]<\/p>\n","protected":false},"author":0,"featured_media":92710,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-92709","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\/92709"}],"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=92709"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/92709\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/92710"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=92709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=92709"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=92709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}