Why Buying Cardano (ADA) Here Could Mean Weeks Of Dead Money

Why Buying Cardano (ADA) Here Could Mean Weeks Of Dead Money
фото показано с : newsbtc.com

2026-1-23 10:00

Cardano’s (ADA) current price may look tempting, especially as it sits deep in oversold territory, but cheap doesn’t always mean opportunity. When momentum is absent and structure remains weak, early buyers often find themselves stuck watching price drift sideways for weeks. For ADA, the real question isn’t how low it has gone; it’s whether it has the strength to escape.

Trapped In the Red Zone: Pressure, Not Opportunity

Trend Rider, in a recent update shared on X, explained that ADA’s daily chart has been flashing signals that many traders interpret as a “perfect bottom.” With the price sitting at the lower end of the bands and deep in the red, the temptation to buy looks obvious. However, Rider cautioned that low prices alone are not a guarantee that a move higher is ready to begin.

According to the analysis using the Rider Algo, Cardano is currently pinned inside a dark red zone. While some see this area as a solid floor, Trend Rider views it as a zone of heavy pressure and exhaustion, where price often drifts sideways for extended periods, leaving traders stuck in unproductive consolidation.

Rider emphasized that trying to catch absolute bottoms rarely works out, often resulting in either catching a falling knife or watching capital remain stagnant while other assets show clearer momentum. As a result, Rider’s focus is not on buying at the lowest possible price, but on waiting for confirmation that strength is returning as the key is not support, but escape. 

Trend Rider expects Cardano to demonstrate the ability to climb out of the red zone with conviction. Specifically, the analyst is watching for a decisive breakout and a daily close above the $0.45 level. Until that happens, the bears still control the market structure. For now, Rider’s plan is to enter at a higher price with confirmed momentum than gamble on a “perfect bottom” and hope it holds. Currently, trading is about correct timing, not arriving first. 

Cardano Buyers Defend $0.33–$0.36

From Marcus Corvinus’s analysis, Cardano is currently reacting from a key demand zone between $0.33 and $0.36, an area where buyers have previously stepped in to defend the price. This zone is now under close watch as it could once again play a crucial role in determining the next move.

Corvinus noted that if the demand zone holds and bullish momentum begins to build, ADA could see a more sustained bounce, potentially opening the way toward the next major resistance level around $0.53. As things stand, this area is shaping up to be a decision point for the market. Continued buyer defense could help rebuild structure and gradually shift pressure back to the upside.

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Cardano (ADA) на Currencies.ru

$ 0.3016 (+1.91%)
Объем 24H $777.556m
Изменеия 24h: 1.12 %, 7d: -15.21 %
Cегодня L: $0.2908 - H: $0.302
Капитализация $10.875b Rank 10
Цена в час новости $ 0.3587 (-15.92%)

mean weeks ada price cardano absent structure

mean weeks → Результатов: 56


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