Category: Crypto News, News
Downtrend Holds As Buyers Defend Late December Base
- ADA holds the $0.34–$0.35 base, but the descending channel still controls trend direction.
- Repeated failures below the $0.36–$0.38 EMA cluster keep rallies corrective.
- Midnight and treasury funding improve long-term outlook, not short-term price action.
Cardano price today trades near $0.35 as the token attempts to stabilize into the final sessions of 2025. ADA remains under pressure after a 58% decline year to date, with price still nearly 90% below its $3.10 all-time high. Sellers continue to control the broader structure, but downside momentum has slowed as the market probes for a durable base.
Descending Channel Defines The Primary Trend
On the daily chart, Cardano remains locked inside a well-defined descending channel that has guided price lower since October. Each rally attempt has stalled beneath falling resi…
Read The Full Article Cardano Price Prediction: Downtrend Holds As Buyers Defend Late December Base On Coin Edition.
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