The post 20% Drop or 50% Rally Ahead? appeared on BitcoinEthereumNews.com. Home » Crypto Bits “Every little bounce we get is an easy short until conditions changeThe post 20% Drop or 50% Rally Ahead? appeared on BitcoinEthereumNews.com. Home » Crypto Bits “Every little bounce we get is an easy short until conditions change

20% Drop or 50% Rally Ahead?

Home » Crypto Bits


“Every little bounce we get is an easy short until conditions change,” one X user stated.

‘;
}

function loadTrinityPlayer(targetWrapper, theme,extras=””) {
cleanupPlayer(targetWrapper); // Always clean first ✅
targetWrapper.classList.add(‘played’);
// Create script
const scriptEl = document.createElement(“script”);
scriptEl.setAttribute(“fetchpriority”, “high”);
scriptEl.setAttribute(“charset”, “UTF-8”);

const scriptURL = new URL(`https://trinitymedia.ai/player/trinity/2900019254/?themeAppearance=${theme}${extras}`);
scriptURL.searchParams.set(“pageURL”, window.location.href);

scriptEl.src = scriptURL.toString();

// Insert player
const placeholder = targetWrapper.querySelector(“.add-before-this”);
placeholder.parentNode.insertBefore(scriptEl, placeholder.nextSibling);
}

function getTheme() {
return document.body.classList.contains(“dark”) ? “dark” : “light”;
}

// Initial Load for Desktop
if (window.innerWidth > 768) {

const desktopBtn = document.getElementById(“desktopPlayBtn”);
if (desktopBtn) {
desktopBtn.addEventListener(“click”, function () {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if (desktopWrapper) loadTrinityPlayer(desktopWrapper, getTheme(),’&autoplay=1′);
});
}
}

// Mobile Button Click
const mobileBtn = document.getElementById(“mobilePlayBtn”);
if (mobileBtn) {
mobileBtn.addEventListener(“click”, function () {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if (mobileWrapper) loadTrinityPlayer(mobileWrapper, getTheme(),’&autoplay=1′);
});
}
function reInitButton(container,html){
container.innerHTML = ” + html;
}

// Theme switcher
const destroyButton = document.getElementById(“checkbox”);
if (destroyButton) {
destroyButton.addEventListener(“click”, () => {
setTimeout(() => {
const theme = getTheme();
if (window.innerWidth > 768) {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if(desktopWrapper.classList.contains(‘played’)){
loadTrinityPlayer(desktopWrapper, theme,’&autoplay=1′);
}else{
reInitButton(desktopWrapper,’Listen‘)
const desktopBtn = document.getElementById(“desktopPlayBtn”);
if (desktopBtn) {
desktopBtn.addEventListener(“click”, function () {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if (desktopWrapper) loadTrinityPlayer(desktopWrapper,theme,’&autoplay=1’);
});
}
}
} else {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if(mobileWrapper.classList.contains(‘played’)){
loadTrinityPlayer(mobileWrapper, theme,’&autoplay=1′);
}else{
const mobileBtn = document.getElementById(“mobilePlayBtn”);
if (mobileBtn) {
mobileBtn.addEventListener(“click”, function () {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if (mobileWrapper) loadTrinityPlayer(mobileWrapper,theme,’&autoplay=1′);
});
}
}
}
}, 100);
});
}
})();



Summarize with AI



Summarize with AI

Cardano’s ADA has followed the overall bearish environment of the crypto market and plummeted by approximately 22% over the past month.

Analysts are now divided, with some envisioning the price charting additional losses in the short term, while others think a major resurgence could be on the way.

More Pain Ahead?

As of this writing, ADA trades at around $0.36 (per CoinGecko’s data) and is far below the local peak above $1 witnessed earlier this year. Meanwhile, its market capitalization slipped under $13.5 billion, further distancing the asset from crypto’s top 10 club.

The renowned analyst Ali Martinez observed the asset’s recent performance and assumed that the valuation may continue sliding toward the $0.29 support zone. Such a plunge would represent a 20% decline from the current levels.

Prior to that, Martinez argued that ADA’s “SuperTrend” had flipped bearish, reminding that the last time this happened, the price collapsed by 80%.

X user Node also predicted a further downside for Cardano’s native token. The market participant revealed they have “found solace” in shorting ADA, thus softening the impact of the potential bear market.

The Chances of a Rally

Despite the pullback, those forecasting that ADA can surge substantially in the near future are just as vocal. X user Marzell claimed the asset has shown early signs of a rebound, with bullish RSI/MACD divergence. Nonetheless, he noted that the price remains below the 50- and 100-day MAs, suggesting a move toward $0.50 would depend heavily on a breakout from current territory.

You may also like:

Meanwhile, important metrics hint that the token could be gearing up for a pump. ADA’s Relative Strength Index (RSI) has fallen below 30, which indicates oversold territory and could be followed by a rally.

The technical analysis tool measures the speed and magnitude of recent price changes and is often used by traders to spot possible trend reversals. As mentioned above, readings below 30 are considered bullish for the price, whereas readings above 70 warn of a potential correction.

ADA RSI, Source: CryptoWaves

ADA’s exchange netflows are also worth observing. Over the past several months, outflows have significantly outpaced inflows, indicating that investors have been moving from centralized platforms to self-custody methods. This, in turn, reduces the immediate selling pressure.

ADA Exchange Netflow, Source: CoinGlass
SPECIAL OFFER (Exclusive)

SECRET PARTNERSHIP BONUS for CryptoPotato readers: Use this link to register and unlock $1,500 in exclusive BingX Exchange rewards (limited time offer).

Source: https://cryptopotato.com/cardano-ada-at-a-critical-moment-20-drop-or-50-rally-ahead/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Will XRP Price Increase In September 2025?

Will XRP Price Increase In September 2025?

Ripple XRP is a cryptocurrency that primarily focuses on building a decentralised payments network to facilitate low-cost and cross-border transactions. It’s a native digital currency of the Ripple network, which works as a blockchain called the XRP Ledger (XRPL). It utilised a shared, distributed ledger to track account balances and transactions. What Do XRP Charts Reveal? […]
Share
Tronweekly2025/09/18 00:00
Korean lawmaker calls for institutionalization of stablecoins

Korean lawmaker calls for institutionalization of stablecoins

The post Korean lawmaker calls for institutionalization of stablecoins appeared on BitcoinEthereumNews.com. A South Korean lawmaker has urged the country to swiftly
Share
BitcoinEthereumNews2025/12/20 16:24
Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council

Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council

The post Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council appeared on BitcoinEthereumNews.com. Michael Saylor and a group of crypto executives met in Washington, D.C. yesterday to push for the Strategic Bitcoin Reserve Bill (the BITCOIN Act), which would see the U.S. acquire up to 1M $BTC over five years. With Bitcoin being positioned yet again as a cornerstone of national monetary policy, many investors are turning their eyes to projects that lean into this narrative – altcoins, meme coins, and presales that could ride on the same wave. Read on for three of the best crypto projects that seem especially well‐suited to benefit from this macro shift:  Bitcoin Hyper, Best Wallet Token, and Remittix. These projects stand out for having a strong use case and high adoption potential, especially given the push for a U.S. Bitcoin reserve.   Why the Bitcoin Reserve Bill Matters for Crypto Markets The strategic Bitcoin Reserve Bill could mark a turning point for the U.S. approach to digital assets. The proposal would see America build a long-term Bitcoin reserve by acquiring up to one million $BTC over five years. To make this happen, lawmakers are exploring creative funding methods such as revaluing old gold certificates. The plan also leans on confiscated Bitcoin already held by the government, worth an estimated $15–20B. This isn’t just a headline for policy wonks. It signals that Bitcoin is moving from the margins into the core of financial strategy. Industry figures like Michael Saylor, Senator Cynthia Lummis, and Marathon Digital’s Fred Thiel are all backing the bill. They see Bitcoin not just as an investment, but as a hedge against systemic risks. For the wider crypto market, this opens the door for projects tied to Bitcoin and the infrastructure that supports it. 1. Bitcoin Hyper ($HYPER) – Turning Bitcoin Into More Than Just Digital Gold The U.S. may soon treat Bitcoin as…
Share
BitcoinEthereumNews2025/09/18 00:27