Crypto Market Under Pressure as Bitcoin Slips Below $88KThe broader crypto market remains fragile. $Bitcoin briefly broke below the key $88,000 support zone, triggeringCrypto Market Under Pressure as Bitcoin Slips Below $88KThe broader crypto market remains fragile. $Bitcoin briefly broke below the key $88,000 support zone, triggering

Cardano Price Prediction: Can ADA Recover as Bitcoin Fights to Reclaim $88K?

Crypto Market Under Pressure as Bitcoin Slips Below $88K

The broader crypto market remains fragile. $Bitcoin briefly broke below the key $88,000 support zone, triggering renewed downside pressure across altcoins. While BTC is now attempting to stabilize and reclaim that level, the market structure remains weak.

Historically, when Bitcoin loses a major support level, altcoins tend to react more aggressively — often with delayed follow-through. This is exactly the environment $Cardano currently finds itself in.

Bitcoin Tries to Stabilize — Why It Matters for Cardano

The below $BTC chart shows Bitcoin bouncing from the $84,000–$85,000 demand zone after the breakdown below $88K. While the short-term recovery attempt is constructive, BTC has not yet confirmed a clear trend reversal.

BTC/USD 1-hour chart - TradingView

For Cardano, this matters. ADA rarely leads market recoveries. Instead, it typically lags Bitcoin, consolidating while $BTC stabilizes — and only later accelerating once confidence returns.

This lagging behavior has been consistent across previous market cycles.

Cardano Price Today: Still Weak, But Holding Key Support

Cardano remains under pressure and is still trading well below former structural levels. The daily chart highlights how $ADA has lost major supports at $0.62, $0.55, and $0.40, turning them into resistance zones.

ADA/USD 1-day chart - TradingView

However, ADA is currently holding the $0.34–$0.36 support area, which aligns with previous demand zones visible on both the 1H and daily charts. This area has already triggered short-term bounces, suggesting sellers are losing momentum at these levels.

Stochastic RSI readings also show deeply oversold conditions, hinting that downside momentum may be slowing — even if a larger recovery has yet to start.

Cardano vs Bitcoin: Why ADA Often Moves Later

One key takeaway is that Cardano tends to react after Bitcoin, not with it. While BTC already experienced sharp volatility around its support break, ADA’s moves have been more compressed and delayed.

In past cycles, this type of price behavior has often preceded strong catch-up moves, once Bitcoin confirms a range or resumes an uptrend. That does not guarantee upside — but it explains why ADA can appear “dead” before suddenly moving.

Cardano Price Prediction: Key Levels to Watch

Downside Risk

If Bitcoin fails to reclaim $88K and resumes its decline, Cardano could revisit lower supports:

  • $0.34 – immediate support
  • $0.30 – major psychological and historical demand zone

A breakdown below $0.30 would significantly weaken the medium-term outlook.

Upside Targets

If Bitcoin stabilizes and the market regains confidence, Cardano could target:

  • $0.40 – first resistance and former support
  • $0.55 – major structural resistance
  • $0.62–$0.65 – previous range high and breakout level

Any move toward these levels would likely require Bitcoin to reclaim and hold above $88K.

Market Opportunity
Cardano Logo
Cardano Price(ADA)
$0.3667
$0.3667$0.3667
-1.76%
USD
Cardano (ADA) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny

Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny

The post Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny appeared on BitcoinEthereumNews.com. The cryptocurrency world is buzzing with a recent controversy surrounding a bold OpenVPP partnership claim. This week, OpenVPP (OVPP) announced what it presented as a significant collaboration with the U.S. government in the innovative field of energy tokenization. However, this claim quickly drew the sharp eye of on-chain analyst ZachXBT, who highlighted a swift and official rebuttal that has sent ripples through the digital asset community. What Sparked the OpenVPP Partnership Claim Controversy? The core of the issue revolves around OpenVPP’s assertion of a U.S. government partnership. This kind of collaboration would typically be a monumental endorsement for any private cryptocurrency project, especially given the current regulatory climate. Such a partnership could signify a new era of mainstream adoption and legitimacy for energy tokenization initiatives. OpenVPP initially claimed cooperation with the U.S. government. This alleged partnership was said to be in the domain of energy tokenization. The announcement generated considerable interest and discussion online. ZachXBT, known for his diligent on-chain investigations, was quick to flag the development. He brought attention to the fact that U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce had directly addressed the OpenVPP partnership claim. Her response, delivered within hours, was unequivocal and starkly contradicted OpenVPP’s narrative. How Did Regulatory Authorities Respond to the OpenVPP Partnership Claim? Commissioner Hester Peirce’s statement was a crucial turning point in this unfolding story. She clearly stated that the SEC, as an agency, does not engage in partnerships with private cryptocurrency projects. This response effectively dismantled the credibility of OpenVPP’s initial announcement regarding their supposed government collaboration. Peirce’s swift clarification underscores a fundamental principle of regulatory bodies: maintaining impartiality and avoiding endorsements of private entities. Her statement serves as a vital reminder to the crypto community about the official stance of government agencies concerning private ventures. Moreover, ZachXBT’s analysis…
Share
BitcoinEthereumNews2025/09/18 02:13
Mastercard Partners With Polygon to Enable Crypto Payments for Consumers and Merchants

Mastercard Partners With Polygon to Enable Crypto Payments for Consumers and Merchants

Mastercard is expanding its Crypto Credential system to self-custody wallets through a partnership with Polygon and Mercuyo. The firm has broadened its presence
Share
Crypto News Flash2025/12/19 19:03
USD holds firm despite soft November CPI – ING

USD holds firm despite soft November CPI – ING

The post USD holds firm despite soft November CPI – ING appeared on BitcoinEthereumNews.com. The US Dollar (USD) is proving surprisingly resilient despite the release
Share
BitcoinEthereumNews2025/12/19 19:08