The 30-Day Downtrend is Over – Why Traders Are Revisiting the Icon

Cardano Price Prediction: 30-Day Downtrend Is Over – Here’s Why Traders Are Suddenly Watching Ada Again


Content writer

Har vey rs hunter

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Content writer

Har vey rs hunter

Binance

About the author

Harvey Zister is a content writer at Azerphearing.com. With a background in computer science and mathematics, he, and in mathematics, has moved from tech tech to crypto journalist.

Last updated

November 11, 2025

The rate at which Adon lowers and lowers below October is now broken.

Suspended participation in connection with the shutdown of the US government.

The crop will face selling pressure today and again pressure on the initial purchase to mix around $0.57.

COINEASSSSSSESSESSES data shows only moderate demand despite technical change. Open will raise around $9 million in demand, suggesting traders are not willing to settle on the setup yet.

Image 143
Cardanoce height. Source: Conolas.

Market participants may be waiting for strong technical signals before taking positions.

Heart rate forecast: What are traders waiting for?

As the price of Cardano broke from its month-long uptrend, it now has resistance in the key previous interest zone around $0.60.

Puppies are still in full control, and guilt indicators are a catalyst for that.

Ade / Usd 1-Day Chart, Wide Triangle Formation. Source-Business Perspective.
ADE / USD 1-day chart, wide triangle formation. Source-business perspective.

RSI settled from 40 years, the MAC histogram is only decreasing from a narrow leader above the signal line, it indicated the mental.

A shakeout scenario can see Aden connecting to the lower border of a one-year long triangle, which can set up a strong double-bottom clap when the one-year long triangle joins the lower border.

Confirmation of a sustained breakout, $0.60 is a key level to watch. A critical entry level of $0.82 could open the system as a break as support.

Fully realized, the triangle breakout could have been extended down to $2.25 and 300% extended. However, recent support levels are important levels to watch.

A fully translated triangle breaking Adama can have as much as $2.25 to $2.25.

For the current short-term support levels are important levels to wait for.

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