ADA Risks Breakdown as Bulls Lose Grip on $0.65
Cardano (ADA) kicked off April on shaky ground, with the price slipping below the $0.68 zone and hovering dangerously close to key horizontal support at $0.6529. The sell pressure that dominated late March appears far from over, as volume thins out and momentum indicators point to more downside ahead.
ADA has now failed to post a higher high since mid-March, and the MACD on the daily chart shows a shallow but persistent bearish crossover. The Relative Strength Index (RSI) reads 44.06—neutral but leaning bearish, with no signs yet of meaningful accumulation.
Cardano (ADA/USD) Technical Overview – April 1, 2025
- Current Price: $0.6798
- Resistance Levels: $0.7656 – $0.8437 – $1.0281
- Support Zones: $0.6529 – $0.5197 – $0.4133
- MACD: Bearish crossover, no sign of reversal
- RSI: 44.06 – neutral, sliding lower
Outlook: Breakdown Threat Looms if $0.65 Fails
If ADA breaks decisively below $0.6529, the next downside target is $0.5197—last tested during the January consolidation range. Bulls need to reclaim $0.7656 to reset the short-term structure and invalidate this downward drift.
The broader crypto backdrop remains fragile, with Bitcoin struggling below resistance and altcoins showing no leadership. Without a spark in volume or a macro catalyst, Cardano could quietly slip into deeper territory.
As Q2 begins, ADA traders should remain cautious. This isn’t the time to chase, but rather to watch key levels and prepare for reaction zones. Until then, the charts are clear: support is under fire, and bulls are out of breath.