In accordance with CoinEdition, ADA is trading near $0.35 as lower highs persist, with sellers maintaining short-term control. Falling open interest and weak spot inflows indicate de-risking rather than aggressive shorting. Founder Charles Hoskinson's comments failed to move the price, as traders focus on technical structure and liquidity. On the 4-hour chart, ADA remains below key moving averages and trades just above a critical demand zone between $0.35 and $0.34. Derivatives data shows open interest has dropped to $630 million, signaling reduced exposure. Spot flows remain negative, with modest daily outflows reported. The immediate resistance is between $0.37 and $0.38, while key support lies at $0.35 and $0.34. A breakdown below $0.34 could expose ADA to $0.32 and $0.30.
Cardano Price Prediction: ADA Outlook Turns Cautious as Derivatives Activity Cools
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Summary
Cardano price prediction for ADA remains cautious as the coin trades near $0.35 with lower highs. Sellers hold short-term control, while open interest falls to $630 million and spot inflows stay weak. Despite Charles Hoskinson’s comments, ADA remains below key moving averages on the 4-hour chart. Bitcoin price prediction remains a key focus for traders. Immediate resistance is between $0.37 and $0.38, with support at $0.35 and $0.34. A drop below $0.34 could push ADA toward $0.32 and $0.30.
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