Cardano momentum cools after 21% rally; price likely to trade in 9% range

Beincrypto reports Cardano’s price trend remains bullish but momentum is cooling after a nearly 21% rally over the past seven days and about 7% in the last 24 hours.

On the 12-hour chart a looming 20- and 50-period EMA crossover supports the mid-term bullish structure, but a hidden bearish RSI divergence between December 9 and January 6 points to slowing momentum. On-chain Spent Coins Age Bands show sharp drops in moved ADA: short-term holders (7–30 days) saw spending fall from about 58.7 million ADA to 4.1 million ADA (an 87% decline over the past 24 hours), while coins held 2–3 years fell from roughly 3 million ADA to about 382,000 ADA (a 93% drop). Low coin movement suggests holders are being patient rather than selling off.

The analysis says price is most likely to trade between $0.39 and $0.43 (roughly a 9% box) unless momentum resets or price breaks decisively. Holding above $0.39 would keep the bullish setup intact; a slip below that could open a deeper pullback toward $0.33. A clean break and hold above $0.43 would invalidate the divergence and could target $0.48 and, with stronger momentum, $0.60. The piece notes the analysis is for informational purposes only and should not be considered financial or investment advice.

Key Topics

Crypto, Cardano, Ada, Santiment, Tradingview, Ema Crossover