{"id":12171,"date":"2025-05-17T20:31:17","date_gmt":"2025-05-17T18:31:17","guid":{"rendered":"https:\/\/wsj-crypto.com\/?p=12171"},"modified":"2025-05-17T20:31:17","modified_gmt":"2025-05-17T18:31:17","slug":"cardanos-market-dynamics-is-a-downturn-looming-or-is-0-9-within-reach","status":"publish","type":"post","link":"https:\/\/wsj-crypto.com\/index.php\/2025\/05\/17\/cardanos-market-dynamics-is-a-downturn-looming-or-is-0-9-within-reach\/","title":{"rendered":"Cardano’s Market Dynamics: Is a Downturn Looming or Is $0.9 Within Reach?"},"content":{"rendered":"

“`html
\n<\/p>\n

\n
\n
\n

Reasons to have confidence<\/h3>\n<\/p><\/div>\n
\n
\n
\n <\/svg> <\/p>\n

Rigorous editorial guidelines emphasizing precision, relevance, and neutrality<\/p>\n<\/p><\/div>\n

\n <\/svg> <\/p>\n

Developed by professionals in the field and thoroughly evaluated<\/p>\n<\/p><\/div>\n

\n <\/svg> <\/p>\n

The utmost standards in journalism and publication<\/p>\n<\/p><\/div>\n<\/p><\/div>\n

\n
\n
\n

Rigorous editorial guidelines emphasizing precision, relevance, and neutrality<\/p>\n<\/p><\/div>\n<\/p><\/div>\n

\n
\n

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n

\n
\n Este art\u00edculo tambi\u00e9n est\u00e1 disponible en espa\u00f1ol.
\n <\/a>\n <\/div>\n

Cardano (ADA) is showing diverse signals as its market framework suggests an<\/span> impending short-term price drop<\/span><\/a>. Despite bearish signals indicating a potential downturn, a crypto analyst <\/span>indicates<\/span><\/a> that the overall trend remains steady, with technical formations backing the possibility of a rise towards the $0.9 level.<\/span><\/p>\n

Cardano Price Drop Approaching<\/h2>\n

TradingView Crypto analyst SiDec has unveiled a<\/span> pessimistic price prediction for Cardano<\/span><\/a>, foreseeing a considerable correction towards the $0.75 range in the upcoming days. This prudent forecast is grounded in thorough analysis utilizing<\/span> Elliott Wave Theory<\/span><\/a>, Fibonacci instruments, and essential price action levels. <\/span><\/p>\n

Related Reading<\/span><\/h2>\n<\/p>\n

SiDec has remarked that<\/span> ADA\u2019s value is still consolidating<\/span><\/a> after completing a 5-wave impulse sequence, signaling the conclusion of its upward momentum. Following this robust impulse advance, the cryptocurrency is now demonstrating a typical Elliott Wave behavior, transitioning into a<\/span> classic ABC corrective formation<\/span><\/a>. <\/span><\/p>\n

The cryptocurrency first encountered a pull-back, marked as Wave A on the price chart, succeeded by a brief recovery in Wave B. According to SiDec, Wave C is anticipated to finalize the retracement pattern, with ADA\u2019s ultimate downward motion approaching its conclusion. <\/span><\/p>\n

At present, technical readings and price action direct to the $0.705 area as a high-probability long entry point. The TradingView analyst also specifies where ADA might establish robust support during this corrective phase utilizing<\/span> Fibonacci Retracement levels<\/span><\/a>.<\/span><\/p>\n

\"Cardano\"
Source: SiDec on Tradingview<\/a><\/figcaption><\/figure>\n

The 50% retracement point of the entire bullish 5-wave impulse is located roughly at $0.7534 \u2014 a vital price level that closely aligns with ADA\u2019s previous price fluctuation at $0.746. This older resistance level remains unvisited, rendering it a natural support option. <\/span><\/p>\n

The assessment further identifies a 1:1 ABC extension for the expected correction in ADA, positioning Wave C’s<\/span> potential crash target<\/span><\/a> around $0.7492. This also establishes a compact grouping of technical indicators in the vicinity of roughly $0.75, indicating a robust support area. <\/span><\/p>\n

Additionally backing this level, the daily 21<\/span> Exponential Moving Average (EMA)<\/span><\/a> stands at $0.7455, while the daily 21<\/span> Simple Moving Average (SMA)<\/span><\/a> is slightly below at $0.7347. SiDec has also pinpointed the Point of Control (POC), highlighting the price with the highest volume, near $0.7318. <\/span><\/p>\n

The analyst further underscores that Cardano\u2019s anchored<\/span> Volume Weighted Average Price (VWAP)<\/span><\/a> resides within the $0.75 support zone. Concurrently, the Pitchfork tool\u2019s golden pocket aligns dynamically as support in the same region. <\/span><\/p>\n

ADA Price Trajectory to $0.92 Remains Strong<\/h2>\n

While SiDec anticipates a potential drop to lower levels for ADA in the short term, the analyst\u2019s chart also illustrates a growth zone, featuring a projected bullish rebound. After the Wave C drop,<\/span> Cardano is anticipated to recover<\/span><\/a> and reach the $0.92 mark. <\/span><\/p>\n

Related Reading<\/span><\/h2>\n<\/p>\n

The TradingView analyst has advised caution in this area, as $0.92 serves as a crucial resistance zone and aligns with a previous liquidity area that could trigger rejection or<\/span> profit-taking<\/span><\/a>. <\/span><\/p>\n

SiDec has stressed that the risk-to-reward ratio around this region will only become advantageous upon clear validation, such as an SFP, a bearish engulfing candlestick, or observable divergence. Overall, should the $0.75 support area persist, Cardano, currently trading at $0.78, could be set for a substantial recovery towards $0.92 and beyond.<\/span><\/p>\n

\"Cardano\"
ADA trading at $0.77 on the 1D chart | Source: ADAUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n

Featured image from Unsplash, chart from Tradingview.com<\/p>\n


\n
Source link <\/a>
\n“`<\/p>\n","protected":false},"excerpt":{"rendered":"

“`html Reasons to have confidence Rigorous editorial guidelines emphasizing precision, relevance, and neutrality Developed by professionals in the field and thoroughly evaluated The utmost standards in journalism and publication Rigorous editorial guidelines emphasizing precision, relevance, and neutrality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este<\/p>\n","protected":false},"author":3,"featured_media":12172,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[2458,2459],"class_list":["post-12171","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin","tag-gptreturn-a-list-of-comma-separated-tags-from-this-title-cardano-market-structure-says-crash-is-coming","tag-but-0-9-is-still-in-the-cards-gpt"],"yoast_head":"\nCardano's Market Dynamics: Is a Downturn Looming or Is $0.9 Within Reach? - WSJ-Crypto<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wsj-crypto.com\/index.php\/2025\/05\/17\/cardanos-market-dynamics-is-a-downturn-looming-or-is-0-9-within-reach\/\" \/>\n<meta property=\"og:locale\" content=\"it_IT\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cardano's Market Dynamics: Is a Downturn Looming or Is $0.9 Within Reach? - WSJ-Crypto\" \/>\n<meta property=\"og:description\" content=\"“`html Reasons to have confidence Rigorous editorial guidelines emphasizing precision, relevance, and neutrality Developed by professionals in the field and thoroughly evaluated The utmost standards in journalism and publication Rigorous editorial guidelines emphasizing precision, relevance, and neutrality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wsj-crypto.com\/index.php\/2025\/05\/17\/cardanos-market-dynamics-is-a-downturn-looming-or-is-0-9-within-reach\/\" \/>\n<meta property=\"og:site_name\" content=\"WSJ-Crypto\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-17T18:31:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wsj-crypto.com\/wp-content\/uploads\/2025\/05\/Cardano-from-Unsplash-scaled.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1814\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"wsjcrypto\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Scritto da\" \/>\n\t<meta name=\"twitter:data1\" content=\"wsjcrypto\" \/>\n\t<meta name=\"twitter:label2\" content=\"Tempo di lettura stimato\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minuti\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wsj-crypto.com\/index.php\/2025\/05\/17\/cardanos-market-dynamics-is-a-downturn-looming-or-is-0-9-within-reach\/\",\"url\":\"https:\/\/wsj-crypto.com\/index.php\/2025\/05\/17\/cardanos-market-dynamics-is-a-downturn-looming-or-is-0-9-within-reach\/\",\"name\":\"Cardano's Market Dynamics: Is a Downturn Looming or Is $0.9 Within Reach? - WSJ-Crypto\",\"isPartOf\":{\"@id\":\"https:\/\/wsj-crypto.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wsj-crypto.com\/index.php\/2025\/05\/17\/cardanos-market-dynamics-is-a-downturn-looming-or-is-0-9-within-reach\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wsj-crypto.com\/index.php\/2025\/05\/17\/cardanos-market-dynamics-is-a-downturn-looming-or-is-0-9-within-reach\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wsj-crypto.com\/wp-content\/uploads\/2025\/05\/Cardano-from-Unsplash-scaled.jpeg\",\"datePublished\":\"2025-05-17T18:31:17+00:00\",\"author\":{\"@id\":\"https:\/\/wsj-crypto.com\/#\/schema\/person\/88a93723b30416db1a352d5a0096c4a7\"},\"breadcrumb\":{\"@id\":\"https:\/\/wsj-crypto.com\/index.php\/2025\/05\/17\/cardanos-market-dynamics-is-a-downturn-looming-or-is-0-9-within-reach\/#breadcrumb\"},\"inLanguage\":\"it-IT\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wsj-crypto.com\/index.php\/2025\/05\/17\/cardanos-market-dynamics-is-a-downturn-looming-or-is-0-9-within-reach\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"it-IT\",\"@id\":\"https:\/\/wsj-crypto.com\/index.php\/2025\/05\/17\/cardanos-market-dynamics-is-a-downturn-looming-or-is-0-9-within-reach\/#primaryimage\",\"url\":\"https:\/\/wsj-crypto.com\/wp-content\/uploads\/2025\/05\/Cardano-from-Unsplash-scaled.jpeg\",\"contentUrl\":\"https:\/\/wsj-crypto.com\/wp-content\/uploads\/2025\/05\/Cardano-from-Unsplash-scaled.jpeg\",\"width\":2560,\"height\":1814,\"caption\":\"Cardano Market Structure Says Crash Is Coming, But $0.9 Is Still In The Cards\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wsj-crypto.com\/index.php\/2025\/05\/17\/cardanos-market-dynamics-is-a-downturn-looming-or-is-0-9-within-reach\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wsj-crypto.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Cardano’s Market Dynamics: Is a Downturn Looming or Is $0.9 Within Reach?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wsj-crypto.com\/#website\",\"url\":\"https:\/\/wsj-crypto.com\/\",\"name\":\"WSJ-Crypto\",\"description\":\"Just Another Crypto News Website\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wsj-crypto.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"it-IT\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/wsj-crypto.com\/#\/schema\/person\/88a93723b30416db1a352d5a0096c4a7\",\"name\":\"wsjcrypto\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"it-IT\",\"@id\":\"https:\/\/wsj-crypto.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/86fe8af82ea089646d6639ca2f87e0243d8688d957bd8e3ec22ec3c457cc16d4?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/86fe8af82ea089646d6639ca2f87e0243d8688d957bd8e3ec22ec3c457cc16d4?s=96&d=mm&r=g\",\"caption\":\"wsjcrypto\"},\"url\":\"https:\/\/wsj-crypto.com\/index.php\/author\/wsjcrypto\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Cardano's Market Dynamics: Is a Downturn Looming or Is $0.9 Within Reach? - WSJ-Crypto","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wsj-crypto.com\/index.php\/2025\/05\/17\/cardanos-market-dynamics-is-a-downturn-looming-or-is-0-9-within-reach\/","og_locale":"it_IT","og_type":"article","og_title":"Cardano's Market Dynamics: Is a Downturn Looming or Is $0.9 Within Reach? - WSJ-Crypto","og_description":"“`html Reasons to have confidence Rigorous editorial guidelines emphasizing precision, relevance, and neutrality Developed by professionals in the field and thoroughly evaluated The utmost standards in journalism and publication Rigorous editorial guidelines emphasizing precision, relevance, and neutrality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este","og_url":"https:\/\/wsj-crypto.com\/index.php\/2025\/05\/17\/cardanos-market-dynamics-is-a-downturn-looming-or-is-0-9-within-reach\/","og_site_name":"WSJ-Crypto","article_published_time":"2025-05-17T18:31:17+00:00","og_image":[{"width":2560,"height":1814,"url":"https:\/\/wsj-crypto.com\/wp-content\/uploads\/2025\/05\/Cardano-from-Unsplash-scaled.jpeg","type":"image\/jpeg"}],"author":"wsjcrypto","twitter_card":"summary_large_image","twitter_misc":{"Scritto da":"wsjcrypto","Tempo di lettura stimato":"3 minuti"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/wsj-crypto.com\/index.php\/2025\/05\/17\/cardanos-market-dynamics-is-a-downturn-looming-or-is-0-9-within-reach\/","url":"https:\/\/wsj-crypto.com\/index.php\/2025\/05\/17\/cardanos-market-dynamics-is-a-downturn-looming-or-is-0-9-within-reach\/","name":"Cardano's Market Dynamics: Is a Downturn Looming or Is $0.9 Within Reach? - WSJ-Crypto","isPartOf":{"@id":"https:\/\/wsj-crypto.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wsj-crypto.com\/index.php\/2025\/05\/17\/cardanos-market-dynamics-is-a-downturn-looming-or-is-0-9-within-reach\/#primaryimage"},"image":{"@id":"https:\/\/wsj-crypto.com\/index.php\/2025\/05\/17\/cardanos-market-dynamics-is-a-downturn-looming-or-is-0-9-within-reach\/#primaryimage"},"thumbnailUrl":"https:\/\/wsj-crypto.com\/wp-content\/uploads\/2025\/05\/Cardano-from-Unsplash-scaled.jpeg","datePublished":"2025-05-17T18:31:17+00:00","author":{"@id":"https:\/\/wsj-crypto.com\/#\/schema\/person\/88a93723b30416db1a352d5a0096c4a7"},"breadcrumb":{"@id":"https:\/\/wsj-crypto.com\/index.php\/2025\/05\/17\/cardanos-market-dynamics-is-a-downturn-looming-or-is-0-9-within-reach\/#breadcrumb"},"inLanguage":"it-IT","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wsj-crypto.com\/index.php\/2025\/05\/17\/cardanos-market-dynamics-is-a-downturn-looming-or-is-0-9-within-reach\/"]}]},{"@type":"ImageObject","inLanguage":"it-IT","@id":"https:\/\/wsj-crypto.com\/index.php\/2025\/05\/17\/cardanos-market-dynamics-is-a-downturn-looming-or-is-0-9-within-reach\/#primaryimage","url":"https:\/\/wsj-crypto.com\/wp-content\/uploads\/2025\/05\/Cardano-from-Unsplash-scaled.jpeg","contentUrl":"https:\/\/wsj-crypto.com\/wp-content\/uploads\/2025\/05\/Cardano-from-Unsplash-scaled.jpeg","width":2560,"height":1814,"caption":"Cardano Market Structure Says Crash Is Coming, But $0.9 Is Still In The Cards"},{"@type":"BreadcrumbList","@id":"https:\/\/wsj-crypto.com\/index.php\/2025\/05\/17\/cardanos-market-dynamics-is-a-downturn-looming-or-is-0-9-within-reach\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wsj-crypto.com\/"},{"@type":"ListItem","position":2,"name":"Cardano’s Market Dynamics: Is a Downturn Looming or Is $0.9 Within Reach?"}]},{"@type":"WebSite","@id":"https:\/\/wsj-crypto.com\/#website","url":"https:\/\/wsj-crypto.com\/","name":"WSJ-Crypto","description":"Just Another Crypto News Website","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wsj-crypto.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"it-IT"},{"@type":"Person","@id":"https:\/\/wsj-crypto.com\/#\/schema\/person\/88a93723b30416db1a352d5a0096c4a7","name":"wsjcrypto","image":{"@type":"ImageObject","inLanguage":"it-IT","@id":"https:\/\/wsj-crypto.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/86fe8af82ea089646d6639ca2f87e0243d8688d957bd8e3ec22ec3c457cc16d4?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/86fe8af82ea089646d6639ca2f87e0243d8688d957bd8e3ec22ec3c457cc16d4?s=96&d=mm&r=g","caption":"wsjcrypto"},"url":"https:\/\/wsj-crypto.com\/index.php\/author\/wsjcrypto\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wsj-crypto.com\/index.php\/wp-json\/wp\/v2\/posts\/12171","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wsj-crypto.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wsj-crypto.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wsj-crypto.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/wsj-crypto.com\/index.php\/wp-json\/wp\/v2\/comments?post=12171"}],"version-history":[{"count":2,"href":"https:\/\/wsj-crypto.com\/index.php\/wp-json\/wp\/v2\/posts\/12171\/revisions"}],"predecessor-version":[{"id":12174,"href":"https:\/\/wsj-crypto.com\/index.php\/wp-json\/wp\/v2\/posts\/12171\/revisions\/12174"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wsj-crypto.com\/index.php\/wp-json\/wp\/v2\/media\/12172"}],"wp:attachment":[{"href":"https:\/\/wsj-crypto.com\/index.php\/wp-json\/wp\/v2\/media?parent=12171"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wsj-crypto.com\/index.php\/wp-json\/wp\/v2\/categories?post=12171"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wsj-crypto.com\/index.php\/wp-json\/wp\/v2\/tags?post=12171"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}