Close Menu
AsiaTokenFundAsiaTokenFund
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
What's Hot

Atua AI Builds Automated Data Pathways for Intelligent Web3 Execution

July 9, 2025

New Zealand Bans Crypto ATMs to Combat Money Laundering

July 9, 2025

Donald Trump to Hit 7 Nations With Tariffs on Aug 1st, Will Crypto Market Crash?

July 9, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) YouTube LinkedIn
AsiaTokenFundAsiaTokenFund
ATF Capital
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
AsiaTokenFundAsiaTokenFund

Cardano (ADA) Price Prediction for April 4

0
By on April 4, 2025 Altcoin, Bitcoin, Regulations, Trading, Web3
Share
Facebook Twitter LinkedIn Pinterest Email

The post Cardano (ADA) Price Prediction for April 4 appeared first on Coinpedia Fintech News

ADA, Cardano’s native token, has reached a key level and appears to signal that if the downside momentum doesn’t continue, a massive sell-off could follow. It all began with a reciprocating tariff announcement by United States President Donald Trump on April 2, 2025.

At press time, ADA is trading near $0.65 and has remained stable, gaining only 0.60% in the past 24 hours. However, during the same period, its trading volume dropped by 30%, indicating lower participation due to potential fears of a further market decline.

Price Action and Technical Analysis 

However, following the tariff announcement, ADA’s price initially dropped from a key level but failed to close below it, preventing further decline. According to expert technical analysis, ADA’s daily chart has formed a bullish hammer-type candlestick pattern at the key support level of $0.65, indicating potential upside momentum.

Cardano (ADA) Price Prediction

In the meantime, if this support fails and ADA falls below the key level, closing a daily candle below the $0.615 mark, there is a strong possibility it could drop by 30% to reach the $0.45 mark in the future.

At present, the asset appears bearish and is in a strong downtrend as it trades below the 200-day Exponential Moving Average (EMA).

Source: Trading View

Bullish On-Chain metrics 

Despite the bearish price action, investors appear to be accumulating the token, following a “buy the dip” strategy, as reported by the on-chain analytics firm Coinglass. Data from spot inflow/outflow reveals that exchanges have witnessed a significant outflow of $2.10 million worth of ADA tokens in the past 24 hours, indicating potential accumulation.

On the other hand, traders appear to be following the current market sentiment, strongly betting on the bearish side.

Source: Coinglass

Data reveals that traders are currently over-leveraged at $0.636 on the lower side and $0.662 on the upper side, having built $5.41 million and $6.15 million worth of long and short positions, respectively.

Looking at this data, it seems like the bulls are dominating and are pushing ADA to hold its key support level.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

New Zealand Bans Crypto ATMs to Combat Money Laundering

July 9, 2025

Donald Trump to Hit 7 Nations With Tariffs on Aug 1st, Will Crypto Market Crash?

July 9, 2025

Pi Network Mainnet Surges With 9,120 AI Apps and 30 Live Projects

July 9, 2025
Leave A Reply Cancel Reply

What's New Here!

Atua AI Builds Automated Data Pathways for Intelligent Web3 Execution

July 9, 2025

New Zealand Bans Crypto ATMs to Combat Money Laundering

July 9, 2025

Donald Trump to Hit 7 Nations With Tariffs on Aug 1st, Will Crypto Market Crash?

July 9, 2025

Pi Network Mainnet Surges With 9,120 AI Apps and 30 Live Projects

July 9, 2025
AsiaTokenFund
Facebook X (Twitter) LinkedIn YouTube
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
© 2025 asiatokenfund.com - All Rights Reserved!

Type above and press Enter to search. Press Esc to cancel.

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.