Cardano Breaks Crucial Support, Signaling Potential Market Shift

Cardano’s price has fallen below a long-standing support level, indicating a structural change in the market and opening up potential for further price discovery. While trading volume has increased significantly, only modest rebounds have formed, highlighting cautious buying and persistent seller control. 2024 support, once a cornerstone of Cardano’s structure, has been broken. This move signifies a shift from buyers defending this floor to sellers regaining the upper hand. Cardano’s price is now situated below this previously important level. 2024 support zone provided stability throughout much of 2025. The recent breakdown leaves market participants in an indecisive position as bulls attempt to regain control. The technical picture shows signs of weakness, with the current downward trend indicating a potential for further declines.