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Cardano (ADA) Drops Below $0.57 as Sellers Regain Control

Published 20 hours ago1 minute read

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Cardano’s ADA

token is trading at $0.5679, down 2.78% in the past 24 hours, after erasing an earlier price rebound, according to CoinDesk Research’s technical analysis model.

Despite briefly pushing higher during the latter half of the session, ADA failed to retain upward momentum and slipped toward its daily low into the close.

A História Continua abaixo

Throughout the day, bearish structure persisted, with lower highs capping each attempted recovery. The token struggled to regain traction even as broader crypto sentiment improved on geopolitical developments. ADA has lagged behind peers during the recent market bounce, keeping pressure on near-term support.

Investors are now watching whether ADA can defend deeper structural levels in the $0.55 to $0.50 zone, as the broader market reacts to both easing tensions and economic data pointing to slower global trade activity.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.

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