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Cardano Holds $0.25 Support as Selling Pressure Persists

Analysts say a clean loss of this level would put $0.24–$0.22 in play.

Overview

  • ADA trades around $0.25–$0.26 with repeated tests of a short-term support band near $0.257–$0.249.
  • Traders say momentum turns only if price reclaims $0.27–$0.28 and then clears $0.30–$0.31.
  • A breakdown below $0.25 would likely target $0.24–$0.22, and some analysts warn of $0.20 or even $0.14–$0.17 on a deeper slide.
  • Derivatives positioning has cooled with open interest near $500–$550 million, which lowers forced liquidation risk but can dull sharp rebounds.
  • On-chain data shows whales hold about 67% of ADA, which could support accumulation near lows yet also keep supply concentrated.