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Cardano Price Prediction: ADA's downward trend slows but reversal signals are still unconfirmed, with a 24-hour trading volume of approximately $500 million to $600 million.
Cardano (ADA) prices are still under downward pressure, with the overall trend remaining below key moving averages in a consolidation pattern. Technical indicators and order book data both show that market sentiment is cautious, and there is still no clear momentum for a short-term reversal.
From the market perspective, the spot ADA price hovers around $0.40, with limited intraday volatility, and gains are approximately in the 0–1% range. The 24-hour trading volume is about $500 million to $600 million, with major CEX platforms contributing around 100 million ADA in trading volume, indicating decent liquidity but no significant volume surge.
Technical analysis indicates that after recent declines, Cardano's price has stabilized somewhat, but the overall structure remains bearish. The price continues to trade below short-term and medium-term moving averages, which are trending downward, suggesting that the recent rebound is more of a technical correction rather than a trend reversal. Until ADA effectively recovers these key moving averages, upward potential will remain limited by sellers.
ADA-3.97%