After soaring to a multi-year high in December, Cardano price has pulled back by 46%, leading to a $18 billion wipeout. This decline has largely mirrored the performance of other altcoins.

A crypto trader has backed Cardano's (ADA) bullish price uptick, which broke multiple resistance levels. The crypto market has faced an extended period of sideways trading with increasing volatility after Bitcoin's price dropped below $100K.

Sui Network (SUI) has seen a remarkable growth, featuring as one of the best blockchain performers in the cryptocurrency market. Deemed the next Solana (SOL) or the Solana-killer, Sui now has a higher stablecoin market cap than five of its competitors combined, including Cardano (ADA), once called the Ethereum (ETH)-killer.

Recent weeks have seen Dogecoin struggle due to increasing selling pressure and technical issues that could endanger its place on the cryptocurrency market. In the meantime, Cardano (ADA) is getting closer to overtaking DOGE in terms of market capitalization, suggesting that the rankings may change.

According to a recent SEC clarification, Bitcoin is indeed being positioned as a strategic digital reserve asset. However, the role of other cryptocurrencies like XRP, Solana, and Cardano is equally critical in shaping the nation's digital economy.

The exchange announced it has filed with the Commodity Futures Trading Commission (CFTC) to self-certify these new products. This move is expected to shake up both the energy and crypto derivatives markets.

Cardano faces technical and on-chain bearish signals with a potential drop to $0.464, though the $0.65-$0.68 support zone may present a buying opportunity.

Traders say the current sell-off could have been caused by an unwinding of ETF and spot linked traders.

Cardano confirms a bear pennant breakdown, signaling a potential 35% drop to $0.464. On-chain data shows whales offloading ADA, while weak DeFi adoption and macroeconomic pressures fuel bearish sentiment.

The US government is inching closer to setting up a crypto strategic reserve after President Trump's executive order earlier this month, which could bode well for XRP rivals. Last week, Congressman Byron Donalds tabled the “Reserve & Stockpile Act” that will turn Trump's plan to buy XRP, Bitcoin, Ethereum, ADA, and Solana into law.

Despite the bearishness across the market, the risk-to-reward of buying Cardano around $0.68 made buying a feasible idea.

ADA is struggling with stagnant user engagement, a cooling derivatives market, and declining relevance in the evolving Layer 1 space.

Cardano (ADA) is showing signs of a potential breakout as bulls aim for the $1 mark.

There's a risk of making a serious mistake with Cardano (ADA -1.76%) right now, and by the looks of it, many investors have already fallen victim. The risk won't resolve itself for at least a little while, though establishing an exact timeline isn't possible at the moment.

Altcoins and Cardano have been caught in extreme market swings, with high volatility and panic-driven sell-offs dominating price action. Since the start of March, ADA has lost over 44% of its value, reflecting the broader negative sentiment surrounding altcoins as investors remain uncertain about the market's next move.

Cardanos ADA token has seen a massive surge in trading volume, averaging $1.4 billion daily in Marchnearly doubling Februarys $720 million. This spike followed a viral social media post by U.S. President Donald Trump, mentioning ADA as part of a strategic crypto reserve.

As the weekend approaches, the overall cryptocurrency market has begun to recover, showing signs of an upward rally. Amid this recovery, ADA, the native token of the Cardano blockchain, appears bullish and is poised for a significant rally in the coming days.

Coinbase's latest move to introduce ADA Futures marks a significant development for its derivatives market.

In a significant development for the Cardano community, Coinbase has announced the introduction of Cardano (ADA) futures, opening new doors for institutional investors seeking exposure to the crypto asset.

John Deaton confirmed the SEC did not assign roles to XRP, ADA, and SOL. Prices of XRP, ADA, and SOL surged briefly due to the false report.

Cardano price has taken a hit in recent days but analysts are confident of a fresh rally for the asset. A massive whale accumulation by Cardano (ADA) whales is fuelling speculation for a price spike amid rising network activity.

Coinbase is moving to expand its derivatives offerings, seeking regulatory approval to introduce Cardano (ADA) and Natural Gas (NGS) futures contracts. The post Coinbase Seeks Approval to Launch Cardano and Natural Gas Futures Contracts appeared first on Cryptonews.

Traders massively withdrew Cardano from exchanges, suggesting a potential upward move could be in the offing.

John Deaton, a well-known lawyer for XRP holders, has flagged a claim circulating in the cryptocurrency space as false. Notably, the claim concerns the roles of different crypto assets within the U.S. government and specifically mentions XRP, Cardano (ADA) and Solana (SOL).

As the Cardano (ADA) price continues to consolidate near a crucial support level of $0.65, whales and investors appear to be capitalizing on this opportunity. Recently, a prominent crypto expert posted on X (formerly Twitter) that whales have purchased millions of dollars worth of ADA tokens in the past three days.

Cardano price has been in a stiff range in the last five days, between $0.735 and $0.748. What will it take to break out decisively?

The altcoin industry, led by XRP and Cardano (ADA), followed the Bitcoin (BTC) price with a mild recovery in the past 24 hours. The initial crypto FUD in the past few weeks was largely overshadowed by positive sentiment from the United States in the last two days.

Bitcoin (BTC) and other major cryptocurrencies maintained strong gains on Monday after a sharp weekend surge, fueled by former U.S. President Donald Trump's announcement of a proposed U.S. Crypto Reserve. The initiative, unveiled on Sunday, included XRP, SOL, and ADA before BTC and ETH were added.

Amid speculation about the future of XRP, SOL, and ADA in the US, reports suggest that the US SEC has released details about their potential roles under President Donald Trump. However, XRP lawyer John Deaton set the record straight, stating that the regulator hasn't shared any such information.

Cardano price is eyeing massive gains after Coinbase Derivatives announced it will launch ADA futures on March 31, boosting institutional interest and market liquidity. ADA price could now be on the verge of a massive upswing, with analysts predicting a 15% rally.

Coinbase's expansion into futures contracts could enhance market stability and potentially influence regulatory perspectives on crypto ETFs. The post Coinbase files to launch Cardano, Natural Gas futures contracts appeared first on Crypto Briefing.

Cryptocurrencies have had an incredible run since the U.S. election in November, but that's come crashing to a halt in just the last few weeks. Economic uncertainty and a disappointing crypto strategic reserve announcement has led investors to "sell the news" in crypto, and that sell-off continued this week.

The Cardano Foundation measures growth in real-world use cases and not TVL.

Bitcoin (BTC) has risen back above the 200-day simple moving average ($83,754), indicating that the bulls are attempting a comeback. The failure of the bears to capitalize on the drop below the 200-day SMA shows that selling dries up at lower levels.However, Bitcoin may not be out of the woods yet.

Cardano (ADA), the eighth-largest cryptocurrency by market capitalization, is on the verge of a potential moving average crossover on its four-hour chart. The four-hour simple moving average 50 (SMA 50) and the simple moving average 200 (SMA 200) have converged and are ready to make a crossover in the coming hours.

Charles Hoskinson, the founder of Cardano, believes Cardano could serve as the backbone of a $30 trillion cryptocurrency future.

This week, we examine Ethereum, Ripple, Cardano, Solana, and Hyperliquid in greater detail. Ethereum (ETH) Ethereum fell by 13% this week after the price failed to hold above $2,000.

Cardano's price continues its downward trend, dropping 40% weekly to stabilize at $0.70 amid bearish technical signals and concerns about prolonged U.S. trade wars

ADA, the native token of the Cardano blockchain, seems to be facing strong resistance from the 200 Exponential Moving Average (EMA) on the daily timeframe, near the $0.75 mark. The daily chart shows that ADA has been facing this resistance for the last four consecutive days and is struggling to breach the 200 EMA.

Cardano price started a fresh decline below the $0.720 zone. ADA is correcting some losses and might face resistance near the $0.7750 level.

The Cardano (ADA) price is currently testing a key support level and its reaction in the days ahead could have a huge impact on ADA's medium-term direction. The post Cardano Price Testing KEY Support Level – Massive Crash Coming? appeared first on Cryptonews.

Cardano (ADA) has struggled over the past week, dropping more than 23% and remaining below $1 for over seven days. Despite this bearish pressure, technical indicators suggest that the current downtrend may be losing strength.

Cardano's price action has shown signs of recovery after a recent dip, with the cryptocurrency bouncing from its lower support level. Over the past 24 hours, Cardano has gained close to 1%, reaching an intraday high of $0.7613.

Cardano price is facing strong resistance as it struggles to maintain momentum above the $0.70 mark. The price battle comes amid the U.S. SEC delaying its decision on the Canary Capital ADA exchange-traded fund (ETF) application until May 29, prolonging uncertainty in the market.

Cardano (ADA) bounced off the $0.65 level on Monday as sellers took a breather after five consecutive days of losses.

Across the board, cryptocurrencies are down for the year. In fact, some large market cap cryptocurrencies are down as much as 45% for the year.

Cardano has declined in recent weeks. Now, key support levels and on-chain metrics highlight what's to come next.