The post Cardano Price Prediction as Cryptos Crash: What’s Happening? appeared on BitcoinEthereumNews.com. Market Overview: Crypto Crash Intensifies The broader crypto market is sliding sharply, with most major coins losing ground in the past 24 hours. Heavy liquidations and weaker risk appetite have triggered a wave of selling pressure, erasing recent gains. This downturn comes at a time when investors are closely monitoring macroeconomic conditions, leaving digital assets exposed to further downside volatility. Top cryptos by market cap – coinmarketcap EU CPI Inflation Holds at 2% Fresh data from the European Union shows CPI inflation holding steady at 2%, right in line with expectations. While this signals stability on paper, markets reacted with caution. Traders interpret the reading as a sign that the European Central Bank may not accelerate rate cuts, keeping financial conditions tight. This hesitation is weighing heavily on risk assets, including cryptocurrencies. Cardano Price Analysis (ADA/USD) $Cardano has not been spared from the sell-off. Based on the 4H chart, ADA has pulled back toward the $0.84–$0.85 zone, a key support level that will determine the next move. ADA/USD 4-hours chart – TradingView Support Levels: $0.8475 immediate support $0.8226 (200 SMA) as stronger technical support $0.7203 as a deeper downside target if bearish momentum continues Resistance Levels: $0.9073 (50 SMA) is the nearest resistance A breakout above could retest $0.95–$1.00 Technical Indicators: RSI near 44 — approaching oversold but still room for more downside Strong bearish candles suggest sellers remain in control Cardano Price Prediction: Can ADA Hold the Line? Cardano’s near-term prediction depends on whether bulls can defend the $0.82–$0.85 support. A rebound from here could restore momentum toward $0.90–$1.00, while a breakdown below $0.82 risks a slide toward $0.72. With the entire crypto market in correction mode and macroeconomic uncertainty rising, ADA’s short-term path remains volatile. Traders should keep a close eye on the broader market sentiment, as external… The post Cardano Price Prediction as Cryptos Crash: What’s Happening? appeared on BitcoinEthereumNews.com. Market Overview: Crypto Crash Intensifies The broader crypto market is sliding sharply, with most major coins losing ground in the past 24 hours. Heavy liquidations and weaker risk appetite have triggered a wave of selling pressure, erasing recent gains. This downturn comes at a time when investors are closely monitoring macroeconomic conditions, leaving digital assets exposed to further downside volatility. Top cryptos by market cap – coinmarketcap EU CPI Inflation Holds at 2% Fresh data from the European Union shows CPI inflation holding steady at 2%, right in line with expectations. While this signals stability on paper, markets reacted with caution. Traders interpret the reading as a sign that the European Central Bank may not accelerate rate cuts, keeping financial conditions tight. This hesitation is weighing heavily on risk assets, including cryptocurrencies. Cardano Price Analysis (ADA/USD) $Cardano has not been spared from the sell-off. Based on the 4H chart, ADA has pulled back toward the $0.84–$0.85 zone, a key support level that will determine the next move. ADA/USD 4-hours chart – TradingView Support Levels: $0.8475 immediate support $0.8226 (200 SMA) as stronger technical support $0.7203 as a deeper downside target if bearish momentum continues Resistance Levels: $0.9073 (50 SMA) is the nearest resistance A breakout above could retest $0.95–$1.00 Technical Indicators: RSI near 44 — approaching oversold but still room for more downside Strong bearish candles suggest sellers remain in control Cardano Price Prediction: Can ADA Hold the Line? Cardano’s near-term prediction depends on whether bulls can defend the $0.82–$0.85 support. A rebound from here could restore momentum toward $0.90–$1.00, while a breakdown below $0.82 risks a slide toward $0.72. With the entire crypto market in correction mode and macroeconomic uncertainty rising, ADA’s short-term path remains volatile. Traders should keep a close eye on the broader market sentiment, as external…

Cardano Price Prediction as Cryptos Crash: What’s Happening?

2 min read

Market Overview: Crypto Crash Intensifies

The broader crypto market is sliding sharply, with most major coins losing ground in the past 24 hours. Heavy liquidations and weaker risk appetite have triggered a wave of selling pressure, erasing recent gains. This downturn comes at a time when investors are closely monitoring macroeconomic conditions, leaving digital assets exposed to further downside volatility.

Screenshot 2025-08-20 133329.png

Top cryptos by market cap – coinmarketcap

EU CPI Inflation Holds at 2%

Fresh data from the European Union shows CPI inflation holding steady at 2%, right in line with expectations. While this signals stability on paper, markets reacted with caution. Traders interpret the reading as a sign that the European Central Bank may not accelerate rate cuts, keeping financial conditions tight. This hesitation is weighing heavily on risk assets, including cryptocurrencies.

Cardano Price Analysis (ADA/USD)

$Cardano has not been spared from the sell-off. Based on the 4H chart, ADA has pulled back toward the $0.84–$0.85 zone, a key support level that will determine the next move.

ADAUSD_2025-08-20_13-19-03.png

ADA/USD 4-hours chart – TradingView

Support Levels:

  • $0.8475 immediate support
  • $0.8226 (200 SMA) as stronger technical support
  • $0.7203 as a deeper downside target if bearish momentum continues

Resistance Levels:

  • $0.9073 (50 SMA) is the nearest resistance
  • A breakout above could retest $0.95–$1.00

Technical Indicators:

  • RSI near 44 — approaching oversold but still room for more downside
  • Strong bearish candles suggest sellers remain in control

Cardano Price Prediction: Can ADA Hold the Line?

Cardano’s near-term prediction depends on whether bulls can defend the $0.82–$0.85 support. A rebound from here could restore momentum toward $0.90–$1.00, while a breakdown below $0.82 risks a slide toward $0.72.

With the entire crypto market in correction mode and macroeconomic uncertainty rising, ADA’s short-term path remains volatile. Traders should keep a close eye on the broader market sentiment, as external factors will likely dictate the next move.

 

$ADA, $BTC, $ETH, $XRP, $SOL, $DOGE

Source: https://cryptoticker.io/en/cardano-price-prediction-as-cryptos-crash-whats-happening/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Securities Fraud Investigation Into Corcept Therapeutics Incorporated (CORT) Announced – Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP, a Leading Securities Fraud Law Firm

Securities Fraud Investigation Into Corcept Therapeutics Incorporated (CORT) Announced – Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP, a Leading Securities Fraud Law Firm

LOS ANGELES–(BUSINESS WIRE)–Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation
Share
AI Journal2026/02/05 04:00
Microsoft Corp. $MSFT blue box area offers a buying opportunity

Microsoft Corp. $MSFT blue box area offers a buying opportunity

The post Microsoft Corp. $MSFT blue box area offers a buying opportunity appeared on BitcoinEthereumNews.com. In today’s article, we’ll examine the recent performance of Microsoft Corp. ($MSFT) through the lens of Elliott Wave Theory. We’ll review how the rally from the April 07, 2025 low unfolded as a 5-wave impulse followed by a 3-swing correction (ABC) and discuss our forecast for the next move. Let’s dive into the structure and expectations for this stock. Five wave impulse structure + ABC + WXY correction $MSFT 8H Elliott Wave chart 9.04.2025 In the 8-hour Elliott Wave count from Sep 04, 2025, we saw that $MSFT completed a 5-wave impulsive cycle at red III. As expected, this initial wave prompted a pullback. We anticipated this pullback to unfold in 3 swings and find buyers in the equal legs area between $497.02 and $471.06 This setup aligns with a typical Elliott Wave correction pattern (ABC), in which the market pauses briefly before resuming its primary trend. $MSFT 8H Elliott Wave chart 7.14.2025 The update, 10 days later, shows the stock finding support from the equal legs area as predicted allowing traders to get risk free. The stock is expected to bounce towards 525 – 532 before deciding if the bounce is a connector or the next leg higher. A break into new ATHs will confirm the latter and can see it trade higher towards 570 – 593 area. Until then, traders should get risk free and protect their capital in case of a WXY double correction. Conclusion In conclusion, our Elliott Wave analysis of Microsoft Corp. ($MSFT) suggested that it remains supported against April 07, 2025 lows and bounce from the blue box area. In the meantime, keep an eye out for any corrective pullbacks that may offer entry opportunities. By applying Elliott Wave Theory, traders can better anticipate the structure of upcoming moves and enhance risk management in volatile markets. Source: https://www.fxstreet.com/news/microsoft-corp-msft-blue-box-area-offers-a-buying-opportunity-202509171323
Share
BitcoinEthereumNews2025/09/18 03:50
Over 80% of 135 Ethereum L2s record below 1 user operation per second

Over 80% of 135 Ethereum L2s record below 1 user operation per second

The post Over 80% of 135 Ethereum L2s record below 1 user operation per second  appeared on BitcoinEthereumNews.com. Ethereum’s L2s are not doing too well. Data
Share
BitcoinEthereumNews2026/02/05 03:52