Skip to content
Crypto News Focus logo CNF_CRYPTO_NEWS_FOCUS_LOGO 8

Crypto News Focus

your day to day crypto news site

Primary Menu
  • Home
  • News
    • Bitcoin News
    • Ripple XRP news
    • Ethereum News
    • Cardano News
    • Shiba Inu News
    • Pi Network News
    • More
  • Analysis
  • PR Desk
  • About Us
  • General Policy & Privacy
  • Guides
    • Bitcoin Guides
    • Pi Network Guide
    • Cardano Guide
  • Politics
  • Tech
  • Home
  • News
  • The Truth Behind Cardano (ADA)’s Struggle to Surpass $1
  • Analysis
  • News

The Truth Behind Cardano (ADA)’s Struggle to Surpass $1

Cal Evans 8 July 2025
Cardano
  • Cardano continues to trade below $1, facing strong resistance and a lack of buying pressure despite bullish sentiment.
  • Technical indicators suggest ADA could fall below $0.56 unless bulls regain control soon.

Cardano (ADA) continues to underwhelm bullish expectations, stuck in a downward spiral despite growing optimism in the broader crypto market. As of now, ADA trades at $0.58, having declined 12.62% in the past month and showing little sign of retesting the psychological $1 mark anytime soon.

Cardano Faces Strong Resistance Levels

ADA’s price action has been constrained within a descending channel since May 11, highlighting an extended bearish phase. Repeated attempts to break above the channel’s upper boundary have failed, suggesting that seller pressure continues to dominate. Recent technical indicators do little to inspire confidence, with ADA’s latest breakout effort quickly losing strength.

The Awesome Oscillator (AO), which had flashed green since June 24, has now turned red. This reversal hints at a weakening bullish setup, dashing hopes of a sustained upward push. Unless ADA bulls reclaim and hold critical resistance levels—particularly at $0.72 and $0.84—the dream of reaching $1 may remain just that.

ADA/USD Daily Chart | Credit: TradingView

ADA’s Price in a Tense Consolidation Pattern

On the 4-hour chart, Cardano is trading within a symmetrical triangle, a setup often leading to a breakout or breakdown. Unfortunately for ADA holders, the token is hovering dangerously close to the lower trendline, raising the probability of a breakdown rather than a breakout.

The current positioning of key Exponential Moving Averages (EMAs) further supports this bearish outlook. With both the 20 EMA and 50 EMA trending above ADA’s price, the path of least resistance appears to be downward. A drop below $0.56 could send ADA spiraling toward $0.51.

CARDANO / US DOLLAR PRICE CHART FOR 4 HOURS PERIOD
ADA/USD 4-Hour Chart | Credit: TradingView

A Glimmer of Hope if Buying Pressure Rises

Not all is lost. A surge in buyer interest could flip the script. If ADA climbs above the 20 and 50 EMAs and breaks out of the symmetrical triangle, it could rally to around $0.65. That would mark the first meaningful bullish move in weeks, potentially reigniting talks of a $1 recovery.

For now, Cardano remains locked in a battle between waning bullish sentiment and persistent bearish control. Until resistance zones flip into support, ADA’s return to $1 looks increasingly distant.

ALSO READ:Bitcoin Ownership Uncovered: Who Really Holds the $2 Trillion Asset?

DISCLAIMER:
The views and opinions expressed herein are solely those of the author and do not necessarily reflect the views of the publisher. The publisher does not endorse or guarantee the accuracy of any information presented in this article. Readers are encouraged to conduct further research and consult additional sources before making any decisions based on the content provided.

Continue Reading

Previous: XRP’s Road to $4: Hope or Hype for Investors?
Next: Can Chainlink Surge Past $14.40 or Is a Drop to $12 Coming?

Related Stories

Hyperliquid HYPE IMAGE
  • Analysis

Hyperliquid Surpasses solana and Ethereum with $1.7M in Daily Fees

Sean Williams 8 July 2025
Chainlink LINK Image via Cryptonewsfocus.com
  • Analysis

Can Chainlink Surge Past $14.40 or Is a Drop to $12 Coming?

Dennis Gatheca 8 July 2025
XRP IMAGE
  • Analysis

XRP’s Road to $4: Hope or Hype for Investors?

Jane Kariuki 8 July 2025

For general inquiries, please email us at Info@cryptonewsfocus.com

Crypto news focus is your day-to-day crypto news site. Get all the latest News and trends in the crypto, blockchain, and DeFi space. For more info and inquiries, reach out via email at info@cryptonewsfocus.com

You may have missed

Hyperliquid HYPE IMAGE
  • Analysis

Hyperliquid Surpasses solana and Ethereum with $1.7M in Daily Fees

Sean Williams 8 July 2025
Chainlink LINK Image via Cryptonewsfocus.com
  • Analysis

Can Chainlink Surge Past $14.40 or Is a Drop to $12 Coming?

Dennis Gatheca 8 July 2025
Cardano
  • Analysis

The Truth Behind Cardano (ADA)’s Struggle to Surpass $1

Cal Evans 8 July 2025
XRP IMAGE
  • Analysis

XRP’s Road to $4: Hope or Hype for Investors?

Jane Kariuki 8 July 2025

Social Media

Crypto News Focus © All rights reserved | MoreNews by AF themes.
Go to mobile version
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok