Cardano (ADA) Price Fluctuation Analysis
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: 1h ago- Price Downtrend: Cardano (ADA) has dropped 6% in the last 24 hours, trading near $0.34, extending losses that began in late 2025, with a year-to-date decline of approximately 1%, reflecting broader market weakness.
- Support Level Testing: ADA is hovering around the $0.32 support zone, which has held previously; a break below this level could lead to further declines, as the current price sits below the 21-week and 50-week moving averages, indicating a continued downtrend.
- Large Holder Accumulation: According to Santiment, large ADA wallets holding between 100,000 and 1 million tokens have accumulated over 454 million ADA in the past two months, valued at about $160 million, while smaller holders have sold 22,000 tokens in the last three weeks, indicating a divergence in market sentiment.
- Upcoming Major Updates: Cardano founder Charles Hoskinson indicated that significant updates are expected in February, although specific details were not disclosed; potential events may include governance upgrades, privacy testing, and the launch of ADA futures on CME, which could impact the price significantly.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
