ADA Faces $0.80 Hurdle As $50M Liquidity Push Sparks Debate
The post ADA Faces $0.80 Hurdle As $50M Liquidity Push Sparks Debate appeared on BitcoinEthereumNews.com. Cardano price today trades at $0.78, struggling below $0.80 after rejection from the $0.82–$0.84 EMA cluster. $2.54M in net outflows highlight weak demand, with traders cautious as failed rallies pressure ADA support. Cardano Foundation unveils $50M liquidity plan to strengthen DeFi adoption, sparking debate on supply risks. Cardano price today is trading at $0.78 after failing to reclaim the $0.80 resistance zone. The drop followed heavy selling pressure across the $0.82–$0.84 range, but buyers are trying to defend the $0.75–$0.76 support cluster. The market now weighs technical weakness against the Cardano Foundation’s $50 million liquidity roadmap. Cardano Price Struggles At Resistance ADA Price Dynamics (Source: TradingView) The 4-hour chart shows ADA stuck below key Fibonacci retracement levels after sliding from its September peak. Price was rejected at the 23.6% retracement near $0.83 and now trades just under the 20-day EMA at $0.79. The 50-day EMA at $0.82 and the 100-day EMA at $0.84 form a heavy ceiling that bulls must overcome for any sustained rebound. The Parabolic SAR flipped bearish earlier this week and continues to trail above price, reinforcing downside momentum. If ADA fails to hold $0.76, the next demand zones are clustered near $0.75 and deeper support at $0.68. Conversely, a daily close above $0.83 could trigger a push toward $0.87 and $0.90. On-Chain Data Shows Persistent Outflows ADA Netflows (Source: Coinglass) Exchange flow data highlights fragile demand conditions. On September 27, Cardano recorded $2.54 million in net outflows, extending weeks of inconsistent activity. While occasional inflows have appeared, the overall trend since midyear has leaned negative, suggesting investors remain cautious. The lack of consistent inflows undermines the case for a sharp rebound in ADA price today. Open interest has also been muted, showing that traders are reluctant to commit aggressively at current levels. Analysts warn that unless…
The post ADA Faces $0.80 Hurdle As $50M Liquidity Push Sparks Debate appeared on BitcoinEthereumNews.com.
Cardano price today trades at $0.78, struggling below $0.80 after rejection from the $0.82–$0.84 EMA cluster. $2.54M in net outflows highlight weak demand, with traders cautious as failed rallies pressure ADA support. Cardano Foundation unveils $50M liquidity plan to strengthen DeFi adoption, sparking debate on supply risks. Cardano price today is trading at $0.78 after failing to reclaim the $0.80 resistance zone. The drop followed heavy selling pressure across the $0.82–$0.84 range, but buyers are trying to defend the $0.75–$0.76 support cluster. The market now weighs technical weakness against the Cardano Foundation’s $50 million liquidity roadmap. Cardano Price Struggles At Resistance ADA Price Dynamics (Source: TradingView) The 4-hour chart shows ADA stuck below key Fibonacci retracement levels after sliding from its September peak. Price was rejected at the 23.6% retracement near $0.83 and now trades just under the 20-day EMA at $0.79. The 50-day EMA at $0.82 and the 100-day EMA at $0.84 form a heavy ceiling that bulls must overcome for any sustained rebound. The Parabolic SAR flipped bearish earlier this week and continues to trail above price, reinforcing downside momentum. If ADA fails to hold $0.76, the next demand zones are clustered near $0.75 and deeper support at $0.68. Conversely, a daily close above $0.83 could trigger a push toward $0.87 and $0.90. On-Chain Data Shows Persistent Outflows ADA Netflows (Source: Coinglass) Exchange flow data highlights fragile demand conditions. On September 27, Cardano recorded $2.54 million in net outflows, extending weeks of inconsistent activity. While occasional inflows have appeared, the overall trend since midyear has leaned negative, suggesting investors remain cautious. The lack of consistent inflows undermines the case for a sharp rebound in ADA price today. Open interest has also been muted, showing that traders are reluctant to commit aggressively at current levels. Analysts warn that unless…
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