The price of Cardano carries a bullish style – but a decrease of 90 % in the main scale may play troubles star-news.press/wp
The price of Cardano has increased by 2.9 % in the past 24 hours, indicating sudden strength while most Altcoins remains flat. But on the graph for 7 days, ADA is still less than 12 %.
ADA’s short -term chart shows a strong upscale style with the potential of the upward trend. But if we reduce or verify the series data, there is a clear weakness that is formed under the surface. The upper style alone is not enough – especially when the main support measures disappear. Cardano may carry a structure, but it loses a critical ground.
Cardano decreased by 90 % in external flow hints when the buyer is weak
Over the past few days, clear flows of ADA Spot have slowed. At its domestic peak, Cardano recorded $ 40.07 million in daily external flows: a clear sign of condemning strong purchase, as traders pulled coins.
This condemnation has faded. By August 21, the ADA flow decreased to only $ 3.56 million. This is a decrease of 91 % of the peak demand. Although this still represents a clear flow, diving in size indicates that buyers intervene. There is still an aggressive flow, but the momentum stops.
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A lot of time? The stack can add the leverage fuel to the fire
The liquidation map data shows that ADA’s long places are seriously stacked. On Bitget, more than $ 174.80 million of financial leverage was built, compared to only $ 73.56 million in short pants.
The largest spacious collection is located on approximately $ 0.83 to $ 0.85, and this means whether the price of Cardano decreases to this range, the filters can be snowball. Although many long situations indicate a positive bias, it does not lead to a defect because this can lead to long pressure.
With most betting on the market for a long time, the decrease can lead to less than the main support level to relax and switch quickly.
It is a classic download setting. The Saudis traders may realize a sudden move, especially since the price sits directly on top of the main long groups, and the sellers began to gain strength.
Cardano price pattern remains intact, but pressure points are adopted
On the daily chart, the price of Cardano continues to trade in an upward triangle. The immediate penetration level is located at $ 0.91. If this is wiped, ADA can run about $ 1.01 – 1.10 dollars, supported by Fibonacci 0.5 and 0.618 extension levels.
But the support line at $ 0.83 is now very important. If the ADA price collapses to less than this, the triangle style collapses, and all the upscale settings become null and void.
With the low external flow support and imbalance, this level is no longer well driven. Cardano may seem structurally optimistic, but it tends to weaken legs.
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2025-08-21 18:00:00
