BlockNews
FOLLOW ON X
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
Home CRYPTO CARDANO

Cardano Faces Pressure as Traders Brace for Deeper Pullback

Gary Ponce by Gary Ponce
October 20, 2025
in CARDANO, CRYPTO, FINANCE, OPINION
Reading Time: 3 mins read
2
SHARES
30
VIEWS
Share on XShare in TelegramShare on Reddit
  • Cardano trades near $0.64 after a 7% weekly decline and fading market participation.
  • Open Interest hits its lowest level of the year, signaling weakening trader confidence.
  • If the downtrend continues, ADA could test $0.56, though a rebound toward $0.73 remains possible.

Cardano (ADA) is still struggling to find its footing. At the time of writing, the token hovers near $0.64, after slipping close to 7% last week. Market sentiment has cooled noticeably — derivatives data show fading trader confidence, with Open Interest (OI) dropping to its lowest level of the year and short positions on the rise. All signs point toward the possibility of another leg down, possibly pushing ADA below $0.60 if momentum doesn’t turn soon.

Derivatives Data Point to Growing Bearish Sentiment

Cardano’s futures Open Interest has fallen to $112.82 million, its lowest level since November 2024, according to Coinglass. This steep decline shows traders are backing away, closing positions instead of adding new ones — a classic signal that market participation is thinning out. When OI drops this sharply, it usually reflects uncertainty or a growing belief that prices could fall further.

The long-to-short ratio, sitting at 0.85, adds to that narrative. Any number below one means more traders are betting against the token than supporting it — and right now, ADA’s ratio is the weakest it’s been in a month. Combined, these two data points hint at an increasingly cautious market where sentiment leans bearish, and traders prefer sitting on the sidelines or taking short-term downside bets rather than building long positions.

Cardano Price Forecast: Bears Eye Sub-$0.60 Levels

ADA has faced persistent rejection at the 61.8% Fibonacci retracement zone near $0.73, sliding more than 15%afterward before stabilizing just under $0.65. The price managed to recover slightly over the weekend, but pressure remains heavy. If this correction deepens, ADA could fall toward $0.56, a zone that aligns with previous structural support levels.

The Relative Strength Index (RSI) currently sits around 37, below the neutral 50 mark — meaning momentum still favors sellers. Meanwhile, the MACD continues to flash a bearish crossover first spotted in early October, reinforcing the view that the short-term bias remains tilted to the downside.

Still, not all hope is lost. Should ADA manage to bounce back, the first test would be reclaiming the $0.70–$0.73region. Breaking through there could flip market sentiment and signal that bulls are stepping back in.

Outlook: Weak Hands Shaken, Accumulation Could Follow

For now, Cardano’s structure remains fragile. Traders are clearly nervous, but such washouts often lead to short-term relief rallies once weaker hands exit the market. If ADA can hold above $0.60, it might find a base for the next consolidation phase.

Still, with sentiment fading and derivatives pointing toward more downside, the path ahead could stay choppy. Patience — not panic — might be the smarter move for investors watching this correction unfold.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: ADACardanoCoinglasscrypto
Tweet1ShareShare
Gary Ponce

Gary Ponce

Gary has been active in the crypto space since 2019, developing hands-on experience in trading, airdrop hunting, and identifying emerging narratives in low-cap tokens. For over four years, he has contributed research and editorial content with Aiur Labs and BlockNews, focusing on market analysis and community insights. His work reflects both transparency and independent reporting, with an emphasis on simplifying complex ideas for readers. Gary is a long-term believer in Bitcoin, Sui, Hype, Litecoin, XRP, AVAX, and select meme tokens, combining personal trading knowledge with professional editorial standards.

DON'T MISS THESE! HOT OFF THE PRESS

Hyperliquid (HYPE) Shows Signs of Recovery but Traders Remain Cautious
CRYPTO

Hyperliquid (HYPE) Shows Signs of Recovery but Traders Remain Cautious

October 20, 2025
Solana, Chainlink, and Stellar Poised for Big Moves as U.S. Market Awaits Fed Decision
CHAINLINK

Solana, Chainlink, and Stellar Poised for Big Moves as U.S. Market Awaits Fed Decision

October 20, 2025
RSI Reversal and Accumulation Hint at Dogecoin’s Next Rally
CRYPTO

RSI Reversal and Accumulation Hint at Dogecoin’s Next Rally

October 20, 2025
XRP ETF Speculation Heats Up as Analysts Predict a Major Breakout
CRYPTO

XRP ETF Speculation Heats Up as Analysts Predict a Major Breakout

October 19, 2025
Ripple’s $1B XRP Plan Sparks Debate Over Escrow and “Pre-Allocation” Theory
CRYPTO

Ripple’s $1B XRP Plan Sparks Debate Over Escrow and “Pre-Allocation” Theory

October 19, 2025
XRP to $13? Here’s What Ripple Might Know That You Don’t
CRYPTO

XRP to $13? Here’s What Ripple Might Know That You Don’t

October 19, 2025
Load More

Related News

Hyperliquid (HYPE) Shows Signs of Recovery but Traders Remain Cautious

Hyperliquid (HYPE) Shows Signs of Recovery but Traders Remain Cautious

October 20, 2025
Solana, Chainlink, and Stellar Poised for Big Moves as U.S. Market Awaits Fed Decision

Solana, Chainlink, and Stellar Poised for Big Moves as U.S. Market Awaits Fed Decision

October 20, 2025
RSI Reversal and Accumulation Hint at Dogecoin’s Next Rally

RSI Reversal and Accumulation Hint at Dogecoin’s Next Rally

October 20, 2025
Cardano Faces Pressure as Traders Brace for Deeper Pullback

Cardano Faces Pressure as Traders Brace for Deeper Pullback

October 20, 2025
Solana’s Momentum Builds Ahead of Mysterious October 20 Reveal

Solana’s Momentum Builds Ahead of Mysterious October 20 Reveal

October 20, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews is your premier source for real-time cryptocurrency, blockchain, political and financial market news.

Stay ahead of the herd with BlockNews

RESOURCES

  • About Us
  • Contact Us
  • Editorial Policies
  • Terms and Conditions
  • Privacy Policy
  • Sitemap

DISCLOSURES AND POLICIES

BlockNews provides independent reporting on crypto, blockchain, and digital finance. Content is for informational purposes only and does not constitute financial advice. Sponsored material is always disclosed. By using this site, you agree to our Terms and Conditions and Privacy Policy.

© 2025 BlockNews

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • LITECOIN
    • CHAINLINK
    • SUI
  • MEMECOINS
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2025 BlockNews