Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ALTCOIN NEWS»Cardano Price Drop – Is Now Time to Secure More ADA?
ALTCOIN NEWS

Cardano Price Drop – Is Now Time to Secure More ADA?

By Crypto FlexsMay 25, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Cardano Price Drop – Is Now Time to Secure More ADA?
Share
Facebook Twitter LinkedIn Pinterest Email
  • Most ADA trades ended in losses, sparking speculation that prices could fall again.
  • Price-DAA is below 0.50 which indicates it is time to buy the token.

A loss of 5.42% of its value over the past seven days makes Cardano (ADA) one of the market’s top 20 worst performers. Now, the token may not be new to this tag, but some market participants are telling us that now could be a good time to buy the token.

To provide further insight into this, AMBCrypto considered in-depth on-chain analysis. At press time, the price of ADA was $0.45. The recent depreciation has impacted P&L trading on the Cardano network.

Cardano will stop giving and keep taking

According to Santiment, at press time, the P/L ratio for daily on-chain trading volume was 0.827. If this ratio is greater than 1, it means that more participants are realizing profits than losses.

In this case, ADA’s trend would have been optimistic. However, the above reading shows that compared to all on-chain transactions that realized losses, only 0.827 transactions ended in profits.

Historically, this indicator appears to be correlated with price. For example, this ratio hit 0.722 in February. At that time, the price of ADA was $0.57. A few weeks later, the price soared to $0.73 on the charts.

Loss trades in Cardano outweigh profit trades.

Source: Santiment

A similar situation occurred on April 13th. At that time, the rate drop caused ADA to rebound from $0.43 to $0.52. Considering past performance, there is a possibility that Cardano will decline further.

In this case, the value of the cryptocurrency could fall to $0.42. However, the ADA is also likely to receive a 20% increase. This means that it will likely increase to $0.50 within a few days.

Entry level has appeared

Additionally, price-DAA divergence is an indicator that can predict the value of ADA. DAA stands for Daily Active Addresses and is used to measure the overall level of network activity.

When combined with price, the metric can help you identify potential exit and entry points. At press time, price-DAA was -38.88%. From a trading perspective, a buy signal occurs when the metric is below 0.50.

On the other hand, a sell signal appears when the divergence is above 0.90. Since the ratio was 0.388, it seemed to be a signal that it was time to launch Dollar Cost Averaging (DCA) Cardano’s native token before the price rose.

Cardano shows a possible entry point at $0.45.Cardano shows a possible entry point at $0.45.

Source: Santiment

However, it is important to note that this indicator alone cannot determine where Cardano is headed.

Evaluating the same using the volume of on-chain data, we found that the indicator was rising on the charts. This indicates there will be more buying and selling. However, if you look at the price movement, you will see that there were more sales than accumulations.


Read Cardano (ADA) price prediction for 2024-2025


As long as this continues, ADA could face another decline as mentioned above. However, if the decline becomes too severe, the token could rise back to its annual highs.

Next: Audius cryptocurrency rises +65% in two days. – What is your next major goal?

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

‘Fat Apps’ can lead the cryptographic story in the next few months.

September 11, 2025

Binance explodes 466m LUNC with oblivion: revival play or special effect?

September 4, 2025

Defi Surges, BTC Swings & Tradfi faces freezing: Daily encryption failure

August 28, 2025
Add A Comment

Comments are closed.

Recent Posts

Rabby Wallet integrates XRPL EVM chain with peersyst

September 15, 2025

Stop Dreaming About The Lottery. Join H Mining And Start Earning!

September 14, 2025

Web3 EXEC warns that the US dollar Stablecoin end game is not priced.

September 14, 2025

Binance’s new Defi Initiative sparked Rollish Momentum, and BNB hit a new ATH of more than $ 900.

September 13, 2025

Top 5 Crypto PR Agencies to Scale Your Blockchain Project in Europe

September 13, 2025

The price of Etherrium surges beyond $ 4,500. -Main level for monitoring more profits

September 12, 2025

BNBCapital Emerges As Top Immutable DeFi Protocol With 239% Returns And Zero Admin Functions

September 12, 2025

MEXC Enhances Futures Trading With Multi-Asset Margin Mode Across 14 Tokens

September 12, 2025

Ethereum Based Meme Coin Pepeto Presale Past $6.6 Million As Exchange Demo Launches

September 12, 2025

BlockchainFX Raises $7.24M In Presale As First Multi-Asset Super App Connecting Crypto, Stocks, And Forex Goes Live In Beta

September 12, 2025

Phemex Launches Multi-Assets Mode To Enhance Trading Efficiency And Risk Management

September 12, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Rabby Wallet integrates XRPL EVM chain with peersyst

September 15, 2025

Stop Dreaming About The Lottery. Join H Mining And Start Earning!

September 14, 2025

Web3 EXEC warns that the US dollar Stablecoin end game is not priced.

September 14, 2025
Most Popular

transaction – question about how to combine psbt

June 1, 2024

CZ counters $50 billion acquisition of WSJ and Hong Kong cryptocurrency ETF: Asia Express

May 9, 2024

Turning Point: Entering an Altcoin Bull Market, Analyst Predictions

February 14, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.