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Why is Cardano Price Falling Today? Experts Predict 30% Crash From Here

Published by
Anjali Belgaumkar

The crypto market is reeling from the aftermath of rising global economic tensions, fears of a US recession, and intensifying trade conflicts. Bitcoin has dropped below $77,000, losing over 10% from its recent high of nearly $90,000. Altcoins like Ethereum, XRP, Solana, and Dogecoin are experiencing even sharper declines, reflecting widespread market unease.

Data from Coinglass shows more than $1 billion in crypto liquidations over the past 24 hours, showing a severe sell-off across the board. This sharp downturn is largely driven by escalating US-China trade disputes and the fallout from President Donald Trump’s latest tariff moves. Cardano is also under pressure, with its price falling to $0.55—a 13% drop—amid the broader market sell-off.

According to experts, ADA is under increasing bearish pressure, with its price showing signs of breaking down from the current triangle pattern. The crucial support level to watch is at $0.51, and ADA has already tested this point. A break below this threshold could trigger a sharp decline toward October-November lows around $0.35, marking a potential 30% drop from current levels.

On a smaller time frame, ADA’s price structure reveals a double-bottom pattern, but the likelihood of a bullish reversal remains low. The recent price action suggests a corrective phase, with the current downtrend resembling an ending diagonal pattern. This indicates that ADA could drop further, possibly completing a third wave down before any significant rebound.

The absence of strong bullish rallies from recent lows adds to the bearish outlook. ADA’s price has struggled to reclaim the $0.673 mark, which was the last significant swing high. Until ADA breaks above this level with a strong five-wave move, the market sentiment will remain cautious.

Anjali Belgaumkar

Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

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