Is Cardano Losing the Momentum? Why Are the Traders Moving Away From the ADA Price Rally?

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The 4-hour chart shows ADA compressing inside a descending triangle, with lower highs capped by a falling trendline and support holding near $0.38–$0.39. Bollinger Bands are tightening, signalling an imminent volatility move. A bullish breakout above $0.41–$0.42 could open upside toward $0.45 and $0.48 this month. However, a breakdown below $0.38 may drag the price toward $0.35 or lower, keeping the broader bearish structure intact.

Will Cardano (ADA) Price Reach $1?

Right now, Cardano is not in a position to reach $1. The price is still stuck below major resistance levels, and buying interest remains weak. On-chain activity and trading volume have dropped, which means traders are not actively supporting the move higher. While ADA may see short-term bounces, these look more like temporary recoveries than a strong rally. A move to $1 would need a clear trend reversal and strong participation, neither of which is visible yet.

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