Cardano (ADA) koers worstelt met herstel terwijl indicatoren negatief blijven 📉

Cardano (ADA) has been in a consolidation phase, struggling to recover after a 25% decline in the past 30 days, while attempting to regain its previous market capitalization of $25 billion. Key indicators continue to show bearish pressure despite some signs of stabilization.

The Ichimoku Cloud setup suggests ADA is struggling to build momentum as it hovers around key levels without a decisive breakout. If bullish momentum returns, ADA could test resistance at $0.82, with a potential breakout opening the path to a 67% rise toward $1.16.

The BBTrend indicator shows recovery from recent lows, currently at -9.4, but remains in negative territory, highlighting ongoing bearish trends. Despite improvement, ADA hasn't indicated a clear momentum shift, with buyers lacking stronger bullish signals to support sustainable upward movement.

Meanwhile, the Ichimoku Cloud reflects market difficulty in gaining momentum, with prices lingering around baseline and conversion lines. A thin future cloud indicates weak trend strength, suggesting ADA could remain directionless without breaking above the cloud for upward potential.

Cardano's EMA lines continue to signal a downward trend, with short-term averages below long-term ones, indicating seller control. BBTrend hints at a potential trend reversal if ADA can regain bullish momentum, challenging resistance at $0.82 and possibly pushing to $0.98. Restoring December 2024 momentum could see ADA reclaim $1.16, signifying a 67% rise.