ADA, a token of Cardano blockchain, seems to be weakened every day and seems to be losing control of important support levels. On February 11, 2025, the prominent password experts posted on X (previous Twitter) shared the main levels of $ 0.67 and $ 0.81, which provides important support for their assets.
Experts pointed out that if the ADA is maintained, there is a strong possibility of setting a stage for a strong rebound.
Merchants/investors mixed emotions
Despite being supported from an important level, investors and long -term holders are abandoning the tokens as the whole chain analytic company COINGLASS reveals. According to the data of the spot inflow/leakage, the exchange has witnessed the inflow of $ 4.5 million worth of ADA tokens and suggests potential sales due to the recent continuous decline.
After entering this noteworthy exchange, assets are likely to experience pressure sales and additional prices.
Despite the weakness between investors and long -term holders, Intraday merchants have a positive attitude toward ADA, as the CoingLass has been revealed.
The ADA LONG/SHORT ratio in the prestime is 1.30, which is a strong strength among merchants. This is the longest and shortest of the top 10 cryptocurrencies. However, according to the data, 56.30%of the top traders currently account for a long position in the ADA and 43.70%have a short position.
When combining such a thermetick, traders and investors appear to have a mixed emotion.
ADA price behavior and coming level
According to an expert’s technical analysis, the ADA has not maintained a $ 0.75 level and has fallen weakly because it has fallen below 200 index moving average (EMA) over the current daily period.
Depending on the recent price behavior and historical patterns, the price drop and weak market sentiment is not changed, and if the price drops to $ 0.65, it is likely to fall to $ 0.50 in the future.
ADA current market outlook
The ADA is currently dealing with nearly $ 0.70 and has experienced a surge of more than 2.55% over the last 24 hours. However, during the same period, trading volume increased by 60%, increasing the participation of traders and investors.