Cardano News Today: ADA and DOGE Rally Despite Mixed Technical Indicators in Post $19B Crypto Recovery

Cardano (ADA) and Dogecoin (DOGE) have emerged as leading assets in the cryptocurrency market's rebound following a record $19 billion liquidation event triggered by escalating U.S.-China trade tensions. The selloff, described as the largest in crypto history, saw over 1.6 million traders liquidated, with Bitcoin and Ethereum plummeting before stabilizing. ADA and DOGE, however, have shown resilience, with both tokens gaining approximately 10% in 24 hours as bargain hunters and institutional buyers stepped in Cardano ADA Price Analysis^[3].

Data from Santiment indicates that Cardano whales-wallets holding 10 million to 100 million ADA-increased their holdings by 140 million ADA ($89.6 million) during the market downturn. This accumulation, which began before the crash and continued amid the selloff, suggests confidence in ADA's long-term potential. Retail traders also added to the buying momentum, as evidenced by the Money Flow Index (MFI) forming a higher low despite the price decline Cardano Price Rebound: Whale and Retail Support^[1].

However, technical indicators remain mixed. The Smart Money Index (SMI) and Relative Strength Index (RSI) show no bullish divergence, indicating that momentum has not fully reversed. A descending triangle pattern on ADA's daily chart further signals bearish pressure unless buyers sustain higher closes. ADA is currently trading near $0.64, with a daily close above $0.68 potentially setting the stage for a short-term recovery toward $0.76 and $0.89 Cardano and Dogecoin Lead Crypto Rebound^[2].

Dogecoin, the original meme coin, has also outperformed during the rebound. Its price surged to $0.2087, driven by retail enthusiasm and speculation about its cultural staying power. Analysts attribute the recovery to the broader market's shift toward risk-on assets as U.S.-China trade rhetoric eased over the weekend. The Chinese Ministry of Commerce clarified that export controls on rare-earth materials would not become a blanket ban, while former U.S. President Donald Trump hinted at a desire to avoid a full-scale trade war Cardano ADA Price Analysis^[3].

The $19 billion crash was precipitated by Trump's announcement of a 100% tariff on Chinese imports and software export controls, triggering a global "risk-off" environment. While Bitcoin and Ethereum stabilized after initial losses, the market remains fragile. The total crypto market capitalization fell to $3.76 trillion, with leveraged positions wiping out nearly $200 billion in value .

For ADA, the path forward hinges on overcoming technical risks. The lack of RSI divergence and the descending triangle pattern suggest that the rebound is fragile. Traders will closely watch key levels: a break below $0.61 could drag ADA toward $0.55, while a sustained move above $0.68 may signal a broader recovery Cardano and Dogecoin Lead Crypto Rebound^[2].

Analysts remain divided on ADA's potential. Some predict a climb to $5 by 2026, driven by the rollout of Cardano's Voltaire era and on-chain governance upgrades Bitcoin Price Crashes Amid $19B Liquidation^[5]. Meanwhile, DOGE's price targets include $1, supported by its cultural resilience and Elon Musk's indirect endorsements. However, both tokens face headwinds from macroeconomic uncertainty and geopolitical volatility.

The market's ability to absorb future shocks will depend on Bitcoin's performance in reclaiming key resistance levels and the broader ecosystem's capacity to manage leverage. For now, ADA and DOGE's rebound underscores the crypto market's resilience, even as technical and geopolitical challenges persist Cardano ADA Price Analysis^[3].