Five-week losing streak: Cardano Price Forecast as bears take control

• $0.176 is Cardano’s approximate trading level on Monday. Last week’s decline of over 9% extended its losing streak to five weeks.
• Selling pressure is building as some whale wallets cut their ADA exposure, according to Santiment data.
• ADA faces the risk of another correction as softer on-chain readings and a worsening technical picture constrain its recovery potential.

$0.176 is the level around which Cardano (ADA) is stabilising on Monday. A fall of over 9% last week brought its run of weekly losses to five since early October. Reductions in ADA holdings by large whale cohorts reinforce the bearish price trend. Deteriorating on-chain readings and a weaker technical picture also point to the possibility of further declines.

ADA selling by whales weighs on outlook

Reduced exposure among large-wallet holders, or whales, reinforces the bearish case for Cardano in Santiment’s Supply Distribution data.

Since November 4, wallets holding between 10 million and 100 million tokens (blue line) have sold 50 million tokens, the metric shows.

Over that period, 20 million ADA has been accumulated by whales holding between 100,000 and 1 million tokens (red line) and those with between 1 million and 10 million (yellow line). The pattern points to changing positions across large holders: top-tier and mid-sized whales are cutting exposure, while smaller whales take up part of the supply. Such activity often signals distribution and increases Cardano’s near-term downside risks.

On-chain indicators point to bearish sentiment

Caution is evident in CryptoQuant’s summary data. Large whale orders appear across ADA’s spot and futures markets, alongside overheated conditions and dominant selling activity. Together, these signals indicate that Cardano traders remain cautious, with sentiment tilted to the downside.

$0.156 in focus: Cardano Price Forecast points to bearish target

At $0.176 on Monday, Cardano retains a bearish short-term bias. Its price sits below the 50-day Exponential Moving Average (EMA) at $0.209, the 100-day EMA at $0.211 and the 200-day EMA at $0.232. With these EMAs clustered overhead, the recent rebound from below $0.180 appears corrective for now. Momentum looks weak but is showing signs of stabilising, with the Relative Strength Index (RSI) near 32. Meanwhile, the Moving Average Convergence Divergence (MACD) is still slightly negative, reinforcing the view that upside remains constrained below resistance from the broader downtrend.

Any advance would first encounter horizontal resistance near $0.183. Beyond that, the EMA cluster begins at $0.209 and $0.211 and reaches towards the longer-term cap at $0.2323. Further supply lies at $0.236 and $0.245, followed by a more distant resistance ceiling at $0.296.

Horizontal support around $0.156 provides the nearest structural floor. A decisive break back towards that area would clear the way for a deeper decline.

(The technical analysis of this story was written with the help of an AI tool. Know more.)