Cardano (ADA) Falls 5.54% as Key Support Levels Test Bearish Momentum

Generated by AI AgentCoin World
Monday, Aug 18, 2025 12:11 pm ET1min read
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Aime RobotAime Summary

- Cardano (ADA) fell 5.54% to $0.9008 on August 18, 2025, testing critical $0.9011 support amid broader crypto bearishness.

- A confirmed breakdown below $0.9011 could trigger a decline toward $0.86, with weak volume and false hourly chart signals indicating buyer hesitation.

- Market sentiment worsens as altcoins like Fartcoin drop below $1, while ADA's long-term technical outlook remains bearish without macroeconomic or demand-driven catalysts.

- Investors are advised to monitor $0.9011 and $1 levels, with a potential Fed rate cut in September offering limited near-term relief amid persistent market uncertainty.

Cardano (ADA) is currently under downward pressure as it tests key support levels amid a broader bearish trend in the cryptocurrency market. On August 18, 2025,

ADA
has fallen by 5.54%, trading at $0.9008 and hovering just below the critical $0.9011 support level [1]. A confirmed breakout below this level could signal a deeper correction towards the $0.86 mark. The price has already shown signs of weakness, including a false breakout of local support at $0.8893 on the hourly chart, suggesting a lack of conviction among buyers [1].

Traders and analysts are closely monitoring whether ADA can hold above $1, as a weekly close above this level could trigger a test of the $1.20 range [1]. However, without strong volume and sustained buying interest, any rally is likely to remain shallow and short-lived. The bearish momentum is compounded by the weak performance of other altcoins, with Fartcoin recently dropping below $1 by 10% as broader market sentiment continues to deteriorate [5].

From a technical perspective, ADA’s longer-term chart remains bearish, with the price struggling to hold above $0.9011. If this level is decisively broken, it could trigger further selling pressure and push the price toward the $0.86–$0.88 zone. The current price structure suggests limited upside potential unless macroeconomic conditions improve or there is a sudden surge in institutional or retail demand.

The broader macroeconomic environment also plays a key role in shaping ADA’s near-term outlook. The anticipated 25 basis point rate cut by the Federal Reserve in September could influence risk-on behavior, but until then, market uncertainty is expected to persist. This uncertainty is likely to keep ADA and other altcoins in a defensive posture, with liquidity and volatility being key variables to monitor [2].

As the market awaits clearer signals, ADA remains in a critical juncture. Investors are advised to maintain a cautious stance and closely monitor price action around the $0.9011 level. Any sustained move above $1 would be a positive development for the asset, while a confirmed breakdown could lead to a retest of lower support levels and further consolidation.

Source:

[1]

Cardano
(ADA) Faces Potential Decline as Support Levels Are Tested Amid Market Uncertainty, https://en.coinotag.com/cardano-ada-faces-potential-decline-as-support-levels-are-tested-amid-market-uncertainty/

[2] The, https://m.economictimes.com/crypto-news-today-live-17-aug-2025/liveblog/123338832.cms

[5] TradingView, https://www.tradingview.com/news/cryptonews:96253cb7f094b:0-crypto-price-prediction-today-15-august-xrp-litecoin-cardano/